{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-022911","form_type":"8-K","ticker":"OESX","cik":"0001409375","company_name":"ORION ENERGY SYSTEMS, INC.","filed_at":"2022-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.498370+00:00","generated_at":"2026-06-22T03:13:48.222150+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Orion Energy posts Q2 net loss of $2.3M on revenue of $17.6M, down 52% YoY","bullets":["Net loss of $2.3M (EPS -$0.08) vs. net income of $3.7M ($0.12) in Q2'22, driven by customer project delays and cancellations.","Revenue fell to $17.6M from $36.5M; gross margin contracted 430 bps to 25.3% due to lower fixed cost absorption.","Adjusted EBITDA was -$1.5M, down from $4.0M in the prior-year quarter; cash & equivalents $12.5M.","FY2023 revenue guidance reaffirmed at $90M-$110M; CEO cites re-engaging customers for H2 projects."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-022911","json":"https://secwatch.observer/filing/0000950170-22-022911.json","markdown":"https://secwatch.observer/filing/0000950170-22-022911.md","text":"https://secwatch.observer/filing/0000950170-22-022911.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1409375/000095017022022911/0000950170-22-022911-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1409375/000095017022022911/oesx-20221108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T03:13:48.222150+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"826332a4c87831dbd11297cb98f630d250405a73","claim":"ORION ENERGY SYSTEMS, INC. reported fiscal 2023 second quarter ended September 30, 2022 results: revenue $17.6M, net income ($2.3M), EPS ($0.08) per share. Guidance reaffirmed.","evidence_excerpt":"Orion Energy Systems Reports Q2 Revenue of $17.6M, Gross Profit Percentage of 25.3% and Reiterates FY’23 Revenue Outlook of $90M to $110M","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1409375/000095017022022911/0000950170-22-022911-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2023 second quarter ended September 30, 2022"},{"label":"Revenue","value":"$17.6M"},{"label":"Net income","value":"($2.3M)"},{"label":"EPS","value":"($0.08) per share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}