Orion Energy Systems, Inc. Provides Earnings Guidance for the Fourth Quarter and Fiscal Year 2024
January 18, 2024 at 07:29 am EST
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Orion Energy Systems, Inc. provided earnings guidance for the fourth quarter and fiscal year 2024. For the year, the company expects revenue growth between 16% and 23% to a range of approximately $90 million to $95 million.
For the quarter, the company expects revenue in the range of $26 million to $31 million compared to $21.6 million in Fourth Quarter 2023.
Orion Energy Systems, Inc. provides light emitting diode (LED) lighting systems, wireless Internet of Things (IoT) enabled control solutions, project engineering, energy project management design, maintenance services and electric vehicle (EV) charging station installation services. The Companyâs segments include Orion Lighting Division, which develops and sells lighting products and provides construction and engineering services for commercial lighting and energy management systems; Orion Maintenance Division, which provides retailers, distributors and other businesses with maintenance, repair and replacement services for the lighting and related electrical components deployed in their facilities, and Orion Electric Vehicle Charging Division that offers EV charging expertise, sells and installs sourced electric vehicle charging stations with related software subscriptions and renewals and provides EV installation solutions with ongoing support to all commercial verticals.
ORION ENERGY SYSTEMS, INC. 
