Item 2.02. Results of Operations and Financial Condition.
On April 21, 2021, Orion Energy Systems, Inc. (the "Company") issued a press
release announcing that it has secured follow-on orders from two of its major
retail customers and that it achieved revenues of approximately $117 million for
its fiscal year ended March 31, 2021. A copy of the press release is furnished
as Exhibit 99.1 to this Current Report on Form 8-K.
The information furnished in this Item 2.02, including Exhibit 99.1, is not
deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act
of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability
of that Section. This information will not be deemed to be incorporated by
reference into any filing under the Securities Act of 1933, as amended, or the
Exchange Act, except to the extent that the Company specifically incorporates it
by reference.
Item 8.01. Other Events.
On April 21, 2021, the Company announced that it achieved revenues of
approximately $117 million for its fiscal year ended March 31, 2021. The Company
also announced that it has secured $16.4 million in follow-on orders from two of
its major retail customers. First, the Company received a contract extension
from its large national retail customer totaling approximately $14.9 million,
which it expects to complete during the first three quarters of fiscal year
2022. Second, the Company received an additional award of approximately
$1.5 million from its large national specialty retail customer and expects to
complete this work during the first and second quarters of fiscal year 2022. The
estimated amount and timing of these projects is subject to uncertainty related
to the COVID-19 pandemic and related business and other economic impacts.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. Exhibit 99.1 is furnished herewith.
Exhibit
No. Description
99.1 Press Release of Orion Energy Systems, Inc., dated April 21, 2021
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ORION ENERGY SYSTEMS, INC. 
