{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-001031","form_type":"8-K","ticker":"OESX","cik":"0001409375","company_name":"ORION ENERGY SYSTEMS, INC.","filed_at":"2023-01-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.802971+00:00","generated_at":"2026-06-20T11:38:01.077914+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Orion Energy Q3 FY2023 revenue ~$20M, below expectations; FY2023 guidance cut to $77-80M","bullets":["Q3 FY2023 preliminary revenue ~$20M, sequential improvement from $17.6M in Q2 but down from $30.7M in Q3 last year.","FY2023 revenue guidance lowered to $77M-$80M.","FY2024 revenue growth expected to be 30% or more over FY2023.","$50M decrease in business from largest customer (online retailer) in first nine months of FY2023.","Financial liquidity ~$19M; operating cash flow positive in Q3."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-001031","json":"https://secwatch.observer/filing/0000950170-23-001031.json","markdown":"https://secwatch.observer/filing/0000950170-23-001031.md","text":"https://secwatch.observer/filing/0000950170-23-001031.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1409375/000095017023001031/0000950170-23-001031-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1409375/000095017023001031/oesx-20230123.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T11:38:01.077914+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":"3a057309bec3aa1385df2f59016d9e9383c4ae69","claim":"ORION ENERGY SYSTEMS, INC. reported fiscal third quarter ended December 31, 2022 results: revenue $20M. Guidance lowered.","evidence_excerpt":"retail and industrial companies as well as public sector entities. Based on preliminary results, Orion expects to report: • Q3’23 revenue improved sequentially to approximately $20M vs. $17.6M in Q2’23, compared to $30.7M in Q3’22. • Q3’23 gross profit percentage of approximately 25% vs. 25.3% in Q2’23, compared to 24.9% in Q3’22. • Positive cash flow from","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1409375/000095017023001031/0000950170-23-001031-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal third quarter ended December 31, 2022"},{"label":"Revenue","value":"$20M"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}