Orion Q2 EBITDA misses estimates

Reuters11-05
Orion <a href="https://laohu8.com/S/QTWO">Q2</a> EBITDA misses estimates

Overview

  • Orion fiscal Q2 2026 revenue rises to $19.9 mln, up from $19.4 mln in Q2 2025

  • Gross profit margin improves to 31% from 23.1% in Q2 2025

  • Adjusted EBITDA of $0.5 mln misses analyst expectations

Outlook

  • Orion expects FY 2026 revenue growth of 5% to $84 mln

  • Company anticipates positive adjusted EBITDA for FY 2026

  • Orion sees flat to slightly lower EV charging revenue in FY 2026

Result Drivers

  • MAINTENANCE GROWTH - Significant growth in maintenance services revenue due to new customer contracts and expanded relationships

  • GROSS MARGIN IMPROVEMENT - Gross profit margin increased due to product and project mix and cost improvements across all segments

  • NEW CONTRACTS - New contracts in LED lighting and EV charging sectors expected to drive future revenue growth

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 EPS

-$0.17

Q2 Net Income

-$600,000

Q2 Adjusted EBITDA

Miss

$500,000

$800,000 (1 Analyst)

Q2 Gross Profit

$6.20 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 $15.00, about 39.9% above its November 4 closing price of $9.02

Press Release: ID:nGNX6Sv0K1

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(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.)

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