Orion Energy Q4 revenue $26.4M (+22%), net income $1.6M; FY25 revenue growth target 10-15%

ORION ENERGY SYSTEMS, INC.

Q4'24 revenue $26.4M (+22.1% YoY); LED lighting $16.3M (+13%), EV charging $4.9M (+42%), maintenance $5.2M (+37%).
Q4 net income $1.6M ($0.05 EPS) vs net loss of $5.1M ($0.16 loss) in Q4'23. FY net loss improved to $11.7M from $34.3M.
FY'25 outlook: consolidated revenue growth 10-15%; maintenance revenue expected to contract $4-5M but margins improve.
Company enhanced liquidity by $5.1M in April 2024 via credit facility amendment; total liquidity >$20M.
EV charging pipeline $50M with over $11M in new contracts for FY'25.

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