Orion Energy Systems (NASDAQ:OESX) Issues Quarterly Earnings Results, Beats Expectations By $0.22 EPS

Orion Energy Systems (NASDAQ:OESX) announced its quarterly earnings data on Thursday. The electronics maker reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.22, FiscalAI reports. Orion Energy Systems had a negative return on equity of 43.64% and a negative net margin of 7.81%.The company had revenue of $21.09 million during the quarter, compared to the consensus estimate of $20.81 million.

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

• Orion raised its FY2026 guidance to $84–$86 million in revenue with positive Adjusted EBITDA and set FY2027 targets of $95–$97 million with positive Adjusted EBITDA, signaling management expects continued profitable growth.
• The company reported its fifth consecutive quarter of positive Adjusted EBITDA with Q3 revenue of $21.1 million, net income of $160,000 ($0.04/share), adjusted EBITDA of $761,000, and overall gross margin improvement to 30.9% year-over-year.
• Management highlighted significant project wins and backlog expansion, including a $14–$15 million exterior lighting project (mainly in H1 FY2027) and a $4 million Boston Public Schools EV charging installation, plus growing work in electrical infrastructure and localized battery storage.
• Orion raised approximately $6.4 million by issuing 500,000 shares to fund growth and pay down its revolver, leaving available liquidity of about $11.8 million (down from $13.0 million at year-end), a mixed signal on capitalization and dilution.

Orion Energy Systems Stock Up 5.9%

Shares of Orion Energy Systems stock traded up $0.78 during midday trading on Friday, reaching $14.00. 44,663 shares of the company’s stock traded hands, compared to its average volume of 68,328. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.90 and a current ratio of 1.34. Orion Energy Systems has a 52 week low of $5.50 and a 52 week high of $18.64. The company’s 50 day simple moving average is $16.36 and its 200 day simple moving average is $11.45. The company has a market cap of $49.42 million, a price-to-earnings ratio of -7.10 and a beta of 0.54.

Analyst Ratings Changes

OESX has been the topic of several research analyst reports. Zacks Research upgraded shares of Orion Energy Systems from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 8th. Wall Street Zen raised shares of Orion Energy Systems to a “strong-buy” rating in a research report on Saturday, December 6th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Orion Energy Systems in a research report on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $17.50.

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.