Orion Energy Systems (NASDAQ:OESX) Announces Quarterly Earnings Results, Beats Estimates By $0.40 EPS

Orion Energy Systems (NASDAQ:OESX) posted its quarterly earnings results on Wednesday. The electronics maker reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.40, FiscalAI reports. The firm had revenue of $25.74 million for the quarter, compared to analyst estimates of $23.56 million. Orion Energy Systems had a negative return on equity of 11.81% and a negative net margin of 3.66%.

Here are the key takeaways from Orion Energy Systems’ conference call:

• Orion reported a strong fiscal 2027 first quarter, with revenue up 32% year over year to $25.7 million, gross margin expanding to 34.6%, net income reaching $2.0 million, and adjusted EBITDA increasing to $2.5 million. This marked the company’s seventh consecutive quarter of positive adjusted EBITDA.
• Management maintained its fiscal 2027 outlook for $95 million-$97 million of revenue and positive adjusted EBITDA, while citing an improving sales pipeline and approximately $24 million of backlog exiting Q1. Growth is expected across automotive, retail, public-sector, EV charging, and industrial electrification projects.
• Orion has begun shipping its lighting solution to an initial hyperscale data-center customer, with individual buildings potentially representing seven-figure opportunities. Management said the data-center pipeline is developing, though the larger revenue ramp is expected later in fiscal 2027 and into fiscal 2028, with minimal additional fixed-asset investment required.
• EV charging revenue rose to $4.0 million, but segment gross margin declined to 26.9% from 33.8% a year earlier amid continued uncertainty in the U.S. EV market. Overall Q1 gross margin also benefited by roughly 130 basis points from tariff changes and refunds, and management expects normalized full-year gross margin in the 30%-32% range.

Orion Energy Systems Stock Up 54.4%

Shares of NASDAQ OESX traded up $5.66 during mid-day trading on Wednesday, reaching $16.06. The company had a trading volume of 675,210 shares, compared to its average volume of 36,774. Orion Energy Systems has a twelve month low of $5.60 and a twelve month high of $18.64. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.03 and a current ratio of 1.41. The stock has a market capitalization of $65.20 million, a PE ratio of -17.46 and a beta of 0.77. The stock’s 50 day moving average is $10.31 and its 200-day moving average is $10.91.

Analyst Ratings Changes

OESX has been the topic of several research analyst reports. Weiss Ratings cut Orion Energy Systems from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Thursday, May 14th. Wall Street Zen lowered shares of Orion Energy Systems from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 6th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $20.00.

Institutional Trading of Orion Energy Systems

A number of institutional investors have recently bought and sold shares of OESX. Marshall Wace LLP acquired a new position in Orion Energy Systems in the 4th quarter worth about $706,000. NewEdge Advisors LLC acquired a new stake in shares of Orion Energy Systems during the 4th quarter valued at about $232,000. Finally, Quadrature Capital Ltd acquired a new stake in shares of Orion Energy Systems during the 4th quarter valued at about $202,000. Institutional investors and hedge funds own 52.59% of the company’s stock.

Orion Energy Systems Company Profile

Orion Energy Systems, Inc is a U.S.-based provider of energy-efficient lighting and building controls solutions. Founded in 1996 and headquartered in Manitowoc, Wisconsin, the company specializes in designing, manufacturing and deploying LED lighting fixtures and integrated energy management systems for commercial and industrial customers.

The company’s product portfolio includes a range of LED light fixtures, smart sensors, networked controls and cloud-based energy management software.