Business
Major US Retailer Awards Orion with a $14M-$15M LED Exterior Lighting Project
Company Increases FY 2026 Revenue Guidance, Expects Positive Net Income in FY26 Q3; Provides FY 2027 Outlook for Increased Revenue Growth and ProfitabilityMANITOWOC, Wis., Jan. 20, 2026 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today announced that it has been awarded a new large-scale LED exterior lighting project with a leading internati
About this update from Orion Energy Systems, Inc.
[{"type":"image","alt":"Orion Energy Systems, Inc.","displaySize":"","headline":null,"caption":"Orion Energy Systems, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":300,"url":"https://media.zenfs.com/en/globenewswire.com/fb135e41d9b57dcecf2f50f7218eb69b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/QFafzL5LDzPoF7q2bCVLXg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTQyMDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/fb135e41d9b57dcecf2f50f7218eb69b","width":300,"height":300}},"lazy":false},{"type":"text","content":"Company Increases FY 2026 Revenue Guidance, Expects Positive Net Income in FY26 Q3; Provides FY 2027 Outlook for Increased Revenue Growth and Profitability","length":155,"tagName":"p"},{"type":"text","content":"MANITOWOC, Wis., Jan. 20, 2026 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today announced that it has been awarded a new large-scale LED exterior lighting project with a leading international retail chain, anticipated to generate approximately $14 million to $15 million of revenue. The large-scale project is expected to begin in Orion’s FY26 Q4, with the majority of the project expected to be completed by the end of July, 2026.","length":589,"tagName":"p"},{"type":"text","content":"The LED exterior lighting project represents a significant incremental project with this enterprise customer. It also follows Orion’s October 21, 2025, announcement of a three-year renewal of a major LED lighting maintenance contract for this customer. That renewal — valued between $42 million and $45 million of revenue— involves Orion continuing to maintain the LED lighting systems for more than 2,000 stores operated by the Fortune 100 retailer. It also adds to the new store work Orion is doing for this customer.","length":519,"tagName":"p"},{"type":"text","content":"“One of the world’s pre-eminent retailers has entrusted Orion with the installation and maintenance of its LED lighting systems at its locations,” said Orion Chief Executive Officer, Sally Washlow. “We are proud to have earned that trust with one of the most respected retailers in the world. We also expect to add even further to our scope of work with this very large enterprise customer in th...