secwatch.observer — SEC 8-K summary
======================================

Issuer:     ORION ENERGY SYSTEMS, INC. (OESX)
CIK:        0001409375
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001193125-25-265689
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orion Q2 FY2026: Revenue $19.9M, net loss $(0.6)M from $(3.6)M, positive adjusted EBITDA
--------------------------------------------------------------------------------

- Revenue $19.9M (up from $19.4M YoY); gross margin 31.0% vs 23.1%, up 790 bps.
- Net loss $(0.6)M or $(0.17) per share, improved from $(3.6)M or $(1.10) per share in Q2'25.
- Adjusted EBITDA positive $0.5M (2.1% margin), fourth consecutive quarter of positive adjusted EBITDA.
- Reiterated FY2026 outlook: ~5% revenue growth to ~$84M, approaching or achieving positive adjusted EBITDA.
- Segment: Maintenance revenue $4.5M (+18% YoY); EV charging $4.8M flat; LED lighting $10.7M (-2%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1409375/000119312525265689/0001193125-25-265689-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1409375/000119312525265689/oesx-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-265689

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer