Orion previews Q4 revenue $26.4M (+22% YoY); FY24 revenue $90.6M (+17%)

ORION ENERGY SYSTEMS, INC.

2024-FY EPS reported -$0.36 revenue$90,581,000

LED lighting segment Q4 revenue $16.3M (vs $14.4M Q4'23), driven by turnkey retrofits including DoD project.
EV charging solutions Q4 revenue $4.9M (vs $3.4M), reflecting team growth and expanded geographic scope.
Maintenance services Q4 revenue $5.2M (vs $3.7M), helped by new 3-year agreement for ~2,000 retail locations.
Company expects slightly positive adjusted EBITDA in Q4'24, compared to negative adjusted EBITDA in Q4'23.
Full FY2024 revenue of $90.6M marks 17% increase over FY2023's $77.4M; formal results call set for June 6.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ORION ENERGY SYSTEMS, INC. reported fiscal 2024 fourth quarter ended March 31, 2024 and full year ended March 31, 2024 results: revenue preliminary Q4’24 revenue of approximately $26.4M.

Period: fiscal 2024 fourth quarter ended March 31, 2024 and full year ended March 31, 2024
Revenue: preliminary Q4’24 revenue of approximately $26.4M
Result: preliminary results

Exact text from the filing

preliminary Q4’24 revenue of approximately $26.4M

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ORION ENERGY SYSTEMS, INC. filing history →

Source: SEC EDGAR

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