{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-059772","form_type":"8-K","ticker":"OESX","cik":"0001409375","company_name":"ORION ENERGY SYSTEMS, INC.","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.945888+00:00","generated_at":"2026-06-08T14:23:46.421471+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 Q2 revenue $20.6M (+17% YoY); net loss widens to $4.4M; maintains FY2024 outlook","bullets":["Q2'24 revenue $20.6M vs $17.6M a year ago; EV charging solutions contributed $3.4M vs $0.","Net loss ($4.4M), or ($0.14) per share, vs ($2.3M), ($0.07) in Q2'23; adjusted EBITDA ($2.2M) vs ($1.5M).","Gross margin on services fell to -2.4% from 18.8% due to inflationary pressures on legacy fixed-price contracts.","Maintains FY2024 revenue growth guidance of 30%+ to ~$100M, with bulk of increase in 2H.","Cash and equivalents $4.0M; $8.9M net availability on credit facility at quarter end."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-059772","json":"https://secwatch.observer/filing/0000950170-23-059772.json","markdown":"https://secwatch.observer/filing/0000950170-23-059772.md","text":"https://secwatch.observer/filing/0000950170-23-059772.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1409375/000095017023059772/0000950170-23-059772-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1409375/000095017023059772/oesx-20231107.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T14:23:46.421471+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":"06ccdc897b7bd60b746bd07e083fe7686e230153","claim":"ORION ENERGY SYSTEMS, INC. reported fiscal 2024 second quarter (Q2'24) ended September 30, 2023 results: revenue $20.6, net income ($4.4), EPS ($0.14). Guidance reaffirmed.","evidence_excerpt":"this Current Report on Form 8-K. --- EX-99.1 (EX-99.1) --- EX-99.1 EXHIBIT 99.1 LED Lighting, Maintenance and EV Charging Solutions Provider Orion’s Q2’24 Revenue Rose 17% to $20.6M; Maintains 30% Revenue Growth Outlook for FY 2024 Manitowoc, WI – November 7, 2023 – Orion Energy Systems, Inc. (NASDAQ: OESX) ( Orion Lighting ), a provider of energy-efficient","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1409375/000095017023059772/0000950170-23-059772-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2024 second quarter (Q2'24) ended September 30, 2023"},{"label":"Revenue","value":"$20.6"},{"label":"Net income","value":"($4.4)"},{"label":"EPS","value":"($0.14)"},{"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"}