Orion Energy's Q1 revenue dips 2%, misses estimates

Orion Energy Systems

06/08/2025 12:09

Overview

Orion fiscal Q1'26 rev dips 2%, missing analyst expectations, per LSEG data

Co achieves positive adjusted EBITDA, beating estimates, per LSEG data

Gross profit margin rises to 30.1%, driven by pricing and cost improvements

Outlook

Orion anticipates FY'26 revenue growth of 5% to approximately $84M

Company expects flat to slightly lower EV charging revenue in FY'26

Orion projects $7M in automotive LED lighting projects for FY'26

Company sees $12M-$18M revenue from multi-year LED retrofit contract

Result Drivers

LED LIGHTING - Revenue increased 1% due to large project activity, offset by lower sales in electrical distribution

MAINTENANCE SERVICES - Revenue grew 21% from new customer contracts and expanded existing relationships

EV CHARGING - Revenue fell 30% due to variability in timing of larger projects

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$12.90 mln
$19.80 mln (3 Analysts)
Q1 EPS
-$0.04
Q1 Net Income
-$1.20 mln
Q1 Adjusted EBITDA
Beat
$200,000
-$100,000 (1 Analyst)
Q1 Gross Profit
$5.90 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

Wall Street's median 12-month price target for Orion Energy Systems Inc is $2.00, about 71.5% above its August 5 closing price of $0.57

Press Release: ID:nGNXT8qys

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)