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

Orion Energy Systems (NASDAQ:OESX) announced its quarterly earnings data on Wednesday. The electronics maker reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.40, FiscalAI reports. The firm had revenue of $25.74 million for the quarter, compared to the consensus estimate of $23.56 million. Orion Energy Systems had a net margin of 0.04% and a return on equity of 12.86%.

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 12.1%

OESX traded up $2.12 during midday trading on Friday, hitting $19.70. 163,762 shares of the company’s stock traded hands, compared to its average volume of 55,662. The company has a market cap of $79.92 million, a PE ratio of -394.00 and a beta of 0.77. The stock’s fifty day simple moving average is $10.47 and its 200-day simple moving average is $10.91. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.41 and a quick ratio of 1.03. Orion Energy Systems has a one year low of $5.60 and a one year high of $19.93.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Marshall Wace LLP bought a new position in shares of Orion Energy Systems during the 4th quarter valued at $706,000. NewEdge Advisors LLC bought a new stake in Orion Energy Systems in the fourth quarter worth $232,000. Finally, Quadrature Capital Ltd bought a new stake in Orion Energy Systems in the fourth quarter worth $202,000. Institutional investors and hedge funds own 52.59% of the company’s stock.

Analyst Ratings Changes

OESX has been the subject of a number of research reports. Wall Street Zen lowered shares of Orion Energy Systems from a “strong-buy” rating to a “buy” rating in a research note on Saturday, June 6th. HC Wainwright reiterated a “buy” rating and set a $30.00 price objective on shares of Orion Energy Systems in a report on Thursday. Zacks Research lowered Orion Energy Systems from a “hold” rating to a “strong sell” rating in a report on Tuesday. Finally, Weiss Ratings raised Orion Energy Systems from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday. One analyst has rated the stock with a Buy rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $30.00.

About Orion Energy Systems

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.