Workflow
LED Lighting
icon
Search documents
Orion Energy Systems, Inc. Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Globenewswire· 2025-07-01 20:15
Core Points - Orion Energy Systems, Inc. announced the authorization of equity awards for Michael Ontrop, the new Senior Vice President of Channel Sales, including 100,000 shares of restricted stock and a non-qualified stock option for 125,000 shares of Common Stock [1][2] - The equity awards were approved by Orion's Board of Directors as a material inducement for Mr. Ontrop to accept the employment offer, and the shares will not be drawn from the 2016 Omnibus Incentive Plan [2] - The restricted stock award will vest one-third on each of the first three anniversaries of the grant date, contingent on Mr. Ontrop's continued employment [3] - The stock option will vest based on the Company's share price reaching specified levels ($3.00, $4.00, and $5.00) over a three-year period, with the effective grant date set for July 18, 2025 [4] Company Overview - Orion Energy Systems specializes in energy efficiency and clean tech solutions, including LED lighting, EV charging solutions, and maintenance services [5] - The company focuses on turnkey design-through-installation solutions for large national customers and projects through ESCO and distribution partners, aiming to help customers achieve business and environmental goals [5] - Orion is committed to operating responsibly and emphasizes sustainability and governance in its operations [6]
Orion(OESX) - 2025 Q4 - Earnings Call Transcript
2025-06-26 15:02
Orion Energy Systems (OESX) Q4 2025 Earnings Call June 26, 2025 10:00 AM ET Company Participants William Jones - SVPSally Washlow - CEOPer Brodin - CFOBill Dezellem - Founder, President & Chief Investment Officer Conference Call Participants Eric Stine - Senior Research AnalystSameer Joshi - Senior Equity Research AnalystGowshihan Sriharan - AnalystNone - Analyst Operator Good morning, everyone, and welcome to Orion Energy Systems Fiscal twenty twenty five Fourth Quarter Conference Call. At this time, all p ...
Orion’s FY’25 Gross Margin Increased to 25.4% (+230 bps) on Revenue of $79.7M; Expects 5% Revenue Growth and Improved Bottom Line Performance in FY’26; Call Today at 10am ET
Globenewswire· 2025-06-26 10:59
MANITOWOC, Wis., June 26, 2025 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations, and maintenance services solutions, today reported results for its fourth quarter (Q4’25) and fiscal year ended March 31, 2025 (FY’25) and initiated a fiscal 2026 (FY’26) revenue outlook of approximately $84M, representing growth of 5% over FY’25. Orion will hold an investor call today at 10:00 a.m. ET – details b ...
Orion's FY'25 Gross Margin Increased to 25.4% (+230 bps) on Revenue of $79.7M; Expects 5% Revenue Growth and Improved Bottom Line Performance in FY'26; Call Today at 10am ET
GlobeNewswire News Room· 2025-06-26 10:59
MANITOWOC, Wis., June 26, 2025 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations, and maintenance services solutions, today reported results for its fourth quarter (Q4’25) and fiscal year ended March 31, 2025 (FY’25) and initiated a fiscal 2026 (FY’26) revenue outlook of approximately $84M, representing growth of 5% over FY’25. Orion will hold an investor call today at 10:00 a.m. ET – details b ...
LSI(LYTS) - 2015 Q4 - Earnings Call Presentation
2025-06-26 08:46
FY 2015 Fourth Quarter Financial Statistics August 20, 2015 SAFE HARBOR STATEMENT Our remarks today will be related to our expectations with regard to a number of activities in which the Company is engaged. Reliance should not be placed upon such forward-looking statements because they involve risks and uncertainties which may cause our actual results to differ materially from those which we are going to talk about or which we may imply. Those risks and uncertainties are discussed in our Forms 10-K and 10-Q ...
Orion(OESX) - 2025 Q3 - Earnings Call Presentation
2025-06-25 11:09
Overview ORION ENERGY SYSTEMS, INC. LED Lighting & Controls Lighting Maintenance EV Charging orionlighting.com | 1.800.660.9340 | | 1 NASDAQ: OESX FEBRUARY 2025 SAFE HARBOR Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements will include words such as ...
LED Lighting, EV Charging Station and Electrical Maintenance Solutions Provider Orion Hosts Q4 Conference Call Thursday, June 26th at 10am ET
Globenewswire· 2025-06-05 12:28
MANITOWOC, Wis., June 05, 2025 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electrical vehicle charging station, and maintenance services solutions, will host a conference call and webcast to review its fourth quarter and fiscal 2025 results on Thursday, June 26, 2025 at 10:00 a.m. ET. Orion will release results prior to the market’s opening that day. Webcast and Call DetailsDate / Time: Thursday, June 26th at 10:00 a.m. ETLive ...
MiT Stock Up 6% as Q3 Loss Narrows Y/Y, Eyes Growth From Tech Refresh
ZACKS· 2025-05-21 18:35
Core Viewpoint - Moving iMage Technologies, Inc. (MITQ) reported a narrower net loss and improved gross profit despite a decline in revenues due to project delays, indicating potential for future growth in the cinema technology sector [2][3][5]. Financial Performance - In Q3 fiscal 2025, MITQ incurred a net loss of $0.02 per share, an improvement from a net loss of $0.06 per share in the same quarter last year [2]. - Revenues were $3.6 million, down 8.2% from $3.9 million year-over-year, attributed to delays in customer projects [2]. - Gross profit increased by 57% to $1.1 million from $0.7 million a year earlier, driven by a favorable product mix [3]. - Gross margin rose significantly to 29.8%, up from 17.4% in the prior-year quarter, reflecting a strategic focus on high-margin products [4]. Operational Highlights - Operating loss narrowed to $0.3 million from $0.6 million, supported by steady operating expenses and higher gross margins [3]. - Operating expenses remained flat at $1.3 million, aided by cost controls despite increased rent and bad debt expenses [4]. - Cash position was steady at $5.4 million, or approximately $0.54 per share, with no long-term debt, indicating a strong balance sheet [4]. Management Insights - Management emphasized operational discipline and project execution as key to improved financial performance despite macroeconomic challenges [5]. - The CEO expressed confidence in long-term growth opportunities driven by the cinema technology refresh cycle, particularly the transition to laser-based solutions [5]. - Management noted that while customer spending decisions are delayed, MITQ's reputation continues to attract new projects [5][7]. Industry Outlook - Analysts project a 9% increase in the 2025 domestic box office to $9.7 billion, providing a favorable backdrop for MITQ's growth [6]. - The revenue decline was attributed to project delays rather than lost business, with several contracts secured but postponed [7]. Strategic Initiatives - MITQ is shifting towards high-value offerings, such as dimmers and LED lighting, which contributed to margin expansion [8]. - The company secured a $9 million projector technology refresh contract with a long-term customer, to be executed over three years [11]. - MITQ expanded into the professional sports market with a Caddy product installation at an NFL venue, indicating diversification beyond traditional cinema [11]. Future Guidance - For Q4 fiscal 2025, MITQ expects revenues of approximately $5.2 million, reflecting some project slippage into fiscal 2026 [10]. - Management aims to maintain cash position while progressing towards positive cash flow and profitability, with potential investments in product development and M&A opportunities [10].
Moving iMage Technologies(MITQ) - 2025 Q3 - Earnings Call Transcript
2025-05-15 16:02
Moving Image Technologies (MITQ) Q3 2025 Earnings Call May 15, 2025 11:00 AM ET Company Participants Christopher Eddy - SVPFrancois Godfrey - President & COOWilliam Greene - CFO Operator Good morning, everyone, and welcome to the Moving Image Technologies Fiscal twenty twenty five Third Quarter Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. I will now turn the call ...
Moving iMage Technologies(MITQ) - 2025 Q3 - Earnings Call Transcript
2025-05-15 16:00
Financial Data and Key Metrics Changes - Q3 2025 revenue declined by 8.2% to $3,571,000 compared to the previous year [11] - Operating loss improved to $270,000 from $649,000 due to a substantial increase in gross margin [11] - Gross margin dollars increased by 57% to $1,063,000 in Q3 2025 versus $676,000 in Q3 2024 [11] - Net loss was reduced by more than half to $240,000 or $0.02 per share compared to a loss of $601,000 or $0.06 per share in Q3 2024 [12] Business Line Data and Key Metrics Changes - The company experienced project delays impacting revenue, but managed to complete significant projects for both new and long-term customers [6] - The base of recurring revenue from proprietary products such as pedestals, dimmers, and LED lighting continues to strengthen [7] - The company anticipates Q4 2025 revenue of approximately $5,200,000, including a CADI product sale for an NFL installation [13] Market Data and Key Metrics Changes - Analysts project a 9% increase in the domestic box office for the 2025 calendar year, reaching approximately $9.7 billion [4] - Consumer enthusiasm for the moviegoing experience is a key driver for growth, with several recent films outperforming box office expectations [4] Company Strategy and Development Direction - The company is focused on developing long-term revenue opportunities while delivering high levels of expertise and service to current projects [5] - The strategy includes selling additional products to existing customers and enhancing value as a trusted partner [9] - The company aims to manage cash effectively to withstand business headwinds and invest in new product development [10] Management's Comments on Operating Environment and Future Outlook - Management noted economic uncertainties causing customers to slow decision-making on cinema infrastructure investments [5] - Despite challenges, the long-term outlook for the company remains encouraging, with a focus on operational and financial discipline [4] - The company expects solid progress in reducing net loss on a sequential and year-over-year basis [13] Other Important Information - The company maintained a steady net cash position of $5,370,000 with no long-term debt at the close of Q3 [13] - Working capital continues to exceed $4,400,000, positioning the company strongly for future operations [13] Q&A Session Summary - There were no questions during the Q&A session, concluding the teleconference [15]