Orion Secures $18-20 Million Commitment to Expand Turnkey LED Lighting Installation Project from a Major National Account; Raises FY'20 Revenue Goal to $150M - $155M
Orion Energy Systems, Inc. (OESX)
NASDAQ:AMEX Investor Relations:
investor.oriones.com/investor-relations
Company Research
Source: GlobeNewswire
MANITOWOC, Wis., Jan. 29, 2020 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), announced today that it has received a commitment to further expand the retrofit of a major national account customer's lighting systems with Orion's state-of-the-art LED lighting and wireless Internet of Things (IoT) enabled control solutions at additional locations nationwide. Orion anticipates additional revenue of $18M - $20M under this next phase, which is dependent on the customer's issuance of purchase orders. Installations for this phase are slated for completion during Orion's fiscal 2020 fourth quarter ending March 31, 2020 and its fiscal 2021 first quarter ending June 30, 2020. In light of this additional customer commitment, the Company’s year-to-date performance and its expectations for the balance of fiscal 2020, Orion is increasing its fiscal 2020 revenue goal to a range of $150M to $155M from a prior range of $135M to $145M. This expanded phase builds on t
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News
- Orion Energy Systems, Inc. (NASDAQ: OESX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Orion Energy Systems, Inc. (NASDAQ: OESX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Orion Energy Systems, Inc. (NASDAQ: OESX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Orion Energy Systems, Inc. (NASDAQ: OESX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
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OESX
Earnings
- 2/7/24 - Beat
OESX
Sec Filings
- 4/24/24 - Form 8-K
- 4/5/24 - Form 8-K
- 2/14/24 - Form 4
- OESX's page on the SEC website