Earnings ·
Orion Energy Systems reported fiscal 2027 first quarter results ending June 30, 2026
OESXOrion Energy Systems, Inc.
Orion Energy Systems reported fiscal 2027 first quarter results ending June 30, 2026. Revenue increased 32% to $25.7 million from $19.6 million in the prior year period. The company achieved net income of $2.0 million, or $0.47 diluted earnings per share, compared to a net loss of $1.2 million previously. Gross margin expanded by 450 basis points to 34.6%, and adjusted EBITDA rose to $2.5 million from $0.2 million. The company extended its revolving credit facility maturity to June 30, 2030, and reiterated full-year fiscal 2027 revenue guidance of $95 million to $97 million. Orion Energy Systems operates in the energy efficiency and clean technology sector, providing LED lighting, EV charging solutions, and maintenance services.