Orion Energy Systems, Inc. Reports Earnings Results for the First Quarter Ended June 30, 2021
August 04, 2021 at 07:28 am EDT
Share
Orion Energy Systems, Inc. announced earnings results for the first quarter ended June 30, 2021. For the first quarter, the company announced total revenue was USD 35.101 million compared to USD 10.811 million a year ago. Operating income was USD 3.418 million compared to operating loss of USD 2.045 million a year ago. Net income was USD 2.510 million compared to net loss of USD 2.219 million a year ago. Basic earnings per share from continuing operations was USD 0.08 compared to basic loss per share from continuing operations of USD 0.07 a year ago.
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. 
