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Orion Energy swings to FY27 Q1 net income of $2 million; revenue rises 32% to $25.7 million

PUBT · 14h ago

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Orion Energy swings to FY27 Q1 net income of $2 million; revenue rises 32% to $25.7 million

Orion Energy Systems posted fiscal Q1 net income of USD 2 million, returning to profit from a year-earlier loss; diluted EPS was USD 0.47.
Revenue rose 32% year over year to USD 25.7 million; gross margin widened 4.5 percentage points to 34.6%.
Adjusted EBITDA (non-GAAP) climbed to USD 2.5 million, marking a seventh straight quarter of positive results; operating expenses edged down to USD 6.8 million.
LED lighting revenue increased 37% to USD 17.7 million; EV charging revenue rose 48% to USD 4 million, while maintenance revenue inched up 2% to USD 4.1 million.
CEO Sally Washlow cited a multimillion-dollar entry into the hyper-scale data center market; outlook reiterated for FY27 revenue of USD 95 million-USD 97 million with positive adjusted EBITDA.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orion Energy Systems Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608050700PRIMZONEFULLFEED9803908) on August 05, 2026, and is solely responsible for the information contained therein.

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