Core Insights - Orion Energy Systems, Inc. reported a revenue of $21.1 million for Q3'26, an increase from $19.6 million in Q3'25, with a gross profit percentage of 30.9% compared to 29.4% in the previous year [2][12] - The company achieved positive operating income and adjusted EBITDA of 3.6% for Q3'26, marking its fifth consecutive quarter of positive adjusted EBITDA [2][12] - Orion has raised its FY 2026 revenue outlook to between $84 million and $86 million and set a FY 2027 revenue outlook of $95 million to $97 million [3] Financial Performance - Q3'26 total revenue was $21.1 million, up $1.5 million from Q3'25, with LED lighting revenue at $12.1 million (down 8%), EV charging revenue at $4.7 million (up 96%), and maintenance revenue at $4.4 million (up 13%) [2][12] - Gross profit increased to $6.5 million in Q3'26 from $5.8 million in Q3'25, with a gross profit margin improvement of 150 basis points [2][12] - Net income for Q3'26 was $0.2 million, or $0.04 per share, compared to a net loss of $1.5 million, or $0.46 per share, in Q3'25 [2][12] Operational Highlights - The company secured a $14 million to $15 million contract for exterior lighting from its largest customer, alongside a three-year renewal for maintenance services valued at $42 million to $45 million [9][10] - Orion's EV charging segment showed strong performance, driven by fleet installations, while maintenance services revenue benefited from new customer contracts and expanded relationships [10][11] - The company maintained a gross margin of approximately 31% and continued to log positive adjusted EBITDA for five consecutive quarters [11][12] Balance Sheet and Cash Flow - Orion generated $0.4 million in cash from operating activities through Q3'26, down from $1.3 million in FY'25, primarily due to improved bottom-line results offset by working capital changes [14] - The company ended Q3'26 with current assets of $32.8 million, including $4.7 million in cash and $13.2 million in accounts receivable [15] - Orion paid down $1.3 million on its revolving credit facility, reducing outstanding borrowings to $5.75 million [15]

ORION ENERGY SYSTEMS, INC. LED Lighting & Controls Lighting Maintenance EV Charging NASDAQ: OESX FEBRUARY 2026 orionlighting.com | 1.800.660.9340 | | 1 SAFE HARBOR Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward- looking statements may generally be identified as such because the context of such statements will include words such as "antici ...

Core Insights - Orion Energy Systems, Inc. announced a $4 million contract for the installation of 105 EV charging stations in the Boston Public School system [1][2] Group 1: Project Details - The project involves the installation of 105 DC fast charging stations at the Freeport Bus Yard, which is part of the Boston Public Schools [2] - The charging stations will utilize an innovative above-ground mounting method with Jersey barriers, similar to previous installations for BPS [2] Group 2: Strategic Importance - Orion/Voltrek is a key partner in the Boston Public Schools' initiative to electrify 100% of its 750 school buses, marking it as the largest school-bus electrification program in the Northeastern United States [3] - The company is actively involved in various fleet-electrification initiatives across the Northeast, including multiple-location deployments and electric van charging capabilities in school districts [4] Group 3: Market Outlook - The U.S. EV Charging market is expected to grow by 8% this year, indicating a positive trend for companies like Orion that are involved in EV infrastructure [5]

Core Viewpoint - Orion Energy Systems, Inc. has announced a public offering of 500,000 shares of common stock priced at $14.00 per share, aiming to raise approximately $7.0 million in gross proceeds before expenses [1][2]. Group 1: Offering Details - The public offering consists of 500,000 shares priced at $14.00 each, with expected gross proceeds of around $7.0 million [1]. - The net proceeds will be utilized to reduce outstanding amounts under the existing credit agreement, with the remainder allocated for working capital and general corporate purposes [2]. - The offering is expected to close on or about February 2, 2026, subject to customary closing conditions [2]. Group 2: Regulatory and Compliance Information - A shelf registration statement on Form S-3 has been filed with the Securities and Exchange Commission and has been declared effective [3]. - The offering is being conducted only through a preliminary prospectus supplement and accompanying prospectus [3]. Group 3: Company Overview - Orion Energy Systems specializes in energy efficiency and clean technology solutions, including LED lighting, EV charging solutions, and maintenance services [5]. - The company focuses on providing turnkey design-through-installation solutions for large national customers and aims to help clients achieve business and environmental goals [5].

Core Viewpoint - Orion Energy Systems, Inc. has announced a public offering of its common stock to reduce outstanding credit obligations and for general corporate purposes [1] Group 1: Offering Details - The public offering is firmly underwritten and subject to market conditions, with no assurance on completion or terms [1] - Craig-Hallum Capital Group LLC is the sole bookrunning manager for the offering [2] - A shelf registration statement has been filed with the SEC, and the offering will be made via a prospectus supplement [3] Group 2: Company Overview - Orion specializes in energy-efficient solutions, including LED lighting, EV charging stations, and maintenance services [5] - The company focuses on turnkey solutions for large national customers and aims to help clients achieve business and environmental goals [5]

Core Viewpoint - Orion Energy Systems, Inc. will host a conference call and webcast to discuss its fiscal 2026 third quarter results on February 5, 2026, at 10:00 a.m. ET, with results being released prior to market opening on the same day [1]. Group 1: Conference Call and Webcast Details - The conference call is scheduled for Thursday, February 5, 2026, at 10:00 a.m. ET [2]. - Participants must pre-register to receive dial-in information through the provided registration link [2]. - A webcast and replay of the call will be available at a specified URL [2]. Group 2: Company Overview - Orion Energy Systems specializes in energy-efficient LED lighting, EV charging solutions, and electrical maintenance services [3]. - The company focuses on turnkey design-through-installation solutions for large national customers and projects through ESCO and distribution partners [3]. - Orion aims to help customers achieve their business, financial, and environmental goals with high-quality, innovative solutions and reliable customer service [3]. Group 3: Sustainability Commitment - Orion is dedicated to operating responsibly across all areas of its organization, emphasizing sustainability and governance priorities [4].

Revenue Outlook - Orion Energy Systems, Inc. announced expected quarterly revenue results for Q4 fiscal 2026, ending December 31, 2025[6] - The company provided an updated revenue outlook for fiscal 2026, indicating growth expectations[6] - Guidance for fiscal 2027 revenue was also included in the announcement, suggesting continued positive momentum[6]

Core Insights - Orion Energy Systems, Inc. has increased its FY 2026 revenue guidance to a range of $84 million to $86 million, up from a previous estimate of approximately $84 million, and anticipates positive net income in FY26 Q3 with expected revenue of around $21 million [3][4] - The company has secured a new large-scale LED exterior lighting project with a leading international retail chain, expected to generate approximately $14 million to $15 million in revenue, starting in FY26 Q4 [1][2] - Orion expects to achieve positive adjusted EBITDA on revenue between $95 million and $97 million in FY 2027, attributing growth to increased orders from enterprise customers and recent cost-structure improvements [4] Revenue and Contracts - The new LED exterior lighting project follows a three-year renewal of a major LED lighting maintenance contract with the same enterprise customer, valued between $42 million and $45 million, covering maintenance for over 2,000 stores [2] - The company has achieved positive adjusted EBITDA for five consecutive quarters and expects to maintain this trend for the full FY 2026 [3] Future Outlook - Orion's heightened expectations for growth and profitability are linked to increasing orders from enterprise customers and improvements in its cost structure [4] - The company is focused on expanding its scope of work with large enterprise customers, indicating potential for further revenue growth [3]

Core Viewpoint - The article emphasizes the importance of identifying and maintaining stock price trends for successful short-term investing, highlighting the use of a specific screening strategy to find stocks with strong fundamentals and positive momentum. Group 1: Stock Screening Strategy - The "Recent Price Strength" screen is designed to identify stocks with sufficient fundamental strength to sustain their recent upward trends, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullishness [3]. - Orion Energy Systems, Inc. (OESX) is highlighted as a candidate that passed the screening, showing a significant price increase of 76.7% over the past 12 weeks, reflecting investor confidence in its potential upside [4]. - OESX has also maintained a price increase of 13% over the last four weeks, indicating that the upward trend is still intact, and it is currently trading at 85% of its 52-week high-low range, suggesting a potential breakout [5]. Group 2: Fundamental Strength - OESX holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The Zacks Rank system has a strong historical performance, with Rank 1 stocks generating an average annual return of +25% since 1988, indicating the reliability of this ranking system [7]. - The Average Broker Recommendation for OESX is also 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Additional Insights - Besides OESX, there are other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting further investment opportunities for trend-focused investors [8]. - The article encourages investors to explore various Zacks Premium Screens tailored to different investing styles, which can help identify winning stock picks [8].

Group 1: Company Overview - Legence (LGN) is part of the Construction sector, which includes 93 individual stocks and currently holds a Zacks Sector Rank of 16, indicating its relative strength within the sector [2] - Legence has a Zacks Rank of 2 (Buy), reflecting a positive earnings outlook, with the consensus estimate for full-year earnings having increased by 28.1% over the past quarter [3] Group 2: Performance Analysis - Year-to-date, Legence has gained approximately 6.9%, outperforming the average gain of 5.5% for the Construction sector as a whole [4] - In comparison, another stock in the Construction sector, Orion Energy Systems, Inc. (OESX), has shown a year-to-date return of 16.4% [4] - Legence belongs to the Engineering - R and D Services industry, which has seen an average gain of 11.3% this year, indicating that LGN is slightly underperforming its industry [6] Group 3: Industry Context - The Engineering - R and D Services industry, which includes Legence, is currently ranked 109 in the Zacks Industry Rank [6] - In contrast, Orion Energy Systems, Inc. is part of the Building Products - Lighting industry, which has a higher rank of 23 and has moved up by 1.2% since the beginning of the year [7]