Orion Energy Systems reports improved gross margin and reduced net loss in Q2 2026

Reuters11-05
Orion Energy Systems reports improved gross margin and reduced net loss in <a href="https://laohu8.com/S/QTWO">Q2</a> 2026

Orion Energy Systems Inc. reported a net loss of $0.6 million for the second quarter of fiscal 2026, an improvement from a net loss of $3.6 million in the same period last year. Adjusted EBITDA reached $0.5 million in Q2 2026, compared to a loss of $1.4 million in Q2 2025. LED lighting revenue for the quarter was $10.7 million, slightly down from $10.8 million in Q2 2025. The company reiterated its fiscal 2026 outlook, projecting approximately 5% revenue growth to $84 million. Key business developments include securing an LED lighting, electrical infrastructure, and EV charging project worth up to $11 million for a government agency customer, with additional work expected as part of a multi-year modernization initiative.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orion Energy Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-265689), on November 05, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment