Orion raises FY27 revenue outlook to $100M-$102M on $10M-$15M retailer LED project

ORION ENERGY SYSTEMS, INC.

Major US retailer commits $10M-$15M for LED/IoT retrofits at additional locations; revenue expected mostly in H2 FY27.
FY27 revenue outlook increased to $100M-$102M from prior $95M-$97M.
Q2 FY27 revenue expected to decrease vs Q1 revenue of $25.7M.
Company still expects positive Adjusted EBITDA for fiscal year.
CEO Sally Washlow highlights expanded scope with Global Fortune 50 retailer.

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