---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-002249"
form_type: "8-K"
ticker: "OESX"
cik: "0001409375"
company_name: "ORION ENERGY SYSTEMS, INC."
filed_at: "2023-02-09T23:59:59+00:00"
generated_at: "2026-06-19T19:51:03.714598+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Orion Q3 FY23 revenue $20.3M, net loss $24.1M; reiterates FY24 30% growth outlook

## Summary
- Q3 revenue $20.3M vs $30.7M YoY; net loss $24.1M ($0.75/sh) vs net income $1.1M ($0.04/sh) YoY.
- Net loss includes $17.8M non-cash tax valuation allowance and $1.5M Voltrek earnout accrual.
- Adj. EBITDA -$1.6M vs +$2.1M YoY; expects Q4 strongest quarter, FY23 rev $77-80M.
- Reiterates FY24 revenue growth of 30%+; Voltrek EV charging on track for $3-5M H2 rev.
- Largest customer business decreased $50M YTD; liquidity $19.4M (cash $8.1M + $11.3M credit).

## SEC filing metadata
- accession: 0000950170-23-002249
- form_type: 8-K
- ticker: OESX
- cik: 0001409375
- company_name: ORION ENERGY SYSTEMS, INC.
- filed_at: 2023-02-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409375/000095017023002249/0000950170-23-002249-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409375/000095017023002249/oesx-20230209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-002249
- JSON: https://secwatch.observer/filing/0000950170-23-002249.json
- Plain text: https://secwatch.observer/filing/0000950170-23-002249.txt

## Key facts
- Earnings Releases
  ORION ENERGY SYSTEMS, INC. reported fiscal 2023 third quarter ended December 31, 2022 results: revenue $20.3, net income ($24.1), EPS ($0.75). Guidance reaffirmed.
  - Period: fiscal 2023 third quarter ended December 31, 2022
  - Revenue: $20.3
  - Net income: ($24.1)
  - EPS: ($0.75)
  - Guidance: reaffirmed
  - Result: reported results
  source text: Orion Energy Systems Reports Q3 Revenue of $20.3M; Reiterates FY’24 Outlook for 30% Revenue Growth
  evidence_url: https://www.sec.gov/Archives/edgar/data/1409375/000095017023002249/0000950170-23-002249-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.