OESX Orion Energy Systems Inc.

Orion Secures 5-Year, $25M Contract to Supply LED Lighting Fixtures For Major Retail Customer’s New Store Construction Projects

Orion Secures 5-Year, $25M Contract to Supply LED Lighting Fixtures For Major Retail Customer’s New Store Construction Projects

MANITOWOC, Wis., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today announced the signing of a 5-year contract extension with an existing major retail customer to supply all interior and exterior LED lighting fixtures for their expanding schedule of new store construction projects. Orion estimates the annual value of the contract to range between $4.5M to $6M for a total potential value of $23M-$30M. Initial product shipments are expected to commence in Orion’s fiscal 2025 third quarter.

Orion CEO Mike Jenkins stated, "It’s a privilege to be selected to illuminate the interior and exterior areas of this important long-term customer’s new stores over the next five years. This contract builds on our past work in executing a company-wide LED retrofit of the interior lighting systems in the customer’s retail stores. We are also proud to provide this customer with LED lighting preventative maintenance at approximately 2,000 locations nationwide.”

About Orion Energy Systems

Orion provides energy efficiency and clean tech solutions, including LED lighting and controls, electrical vehicle (EV) charging solutions, and maintenance services. Orion specializes in turnkey design-through-installation solutions for large national customers as well as projects through ESCO and distribution partners, with a commitment to helping customers achieve their business and environmental goals with healthy, safe and sustainable solutions that reduce their carbon footprint and enhance business performance.

Orion is committed to operating responsibly throughout all areas of our organization. Learn more about our Sustainability and Governance priorities, goals and progress or visit our website at .

  

Safe Harbor Statement   

Certain matters discussed in this press release, are “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements will include words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would” or words of similar import. Similarly, statements that describe our future plans, objectives or goals, including business relationships with government customers, are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause results to differ materially from those expected including, but not limited to, the risks described in our filings with the Securities and Exchange Commission.

Shareholders, potential investors and other readers are urged to consider risks and uncertainties carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, which are available at  or at  in the Investor Relations section of our Website. Except as required by applicable law, we assume no obligation to update any forward-looking statements publicly or to update the reasons why actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.

Engage with Us

X: and

StockTwits:

Marketing Contact

Steve Paulus, Director, Marketing and Communications

Orion Energy Systems, Inc.



(920) 239-8007

Investor Relations Contacts
Per Brodin, CFOWilliam Jones; David Collins
Orion Energy Systems, Inc.Catalyst IR
(212) 924 9800 or


EN
07/10/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Orion Energy Systems Inc.

 PRESS RELEASE

Orion Reports Q2’25 Results with Revenue of $19.4M, Reflecting 40% Gro...

Orion Reports Q2’25 Results with Revenue of $19.4M, Reflecting 40% Growth in EV Charging and Significant Improvement in Maintenance Segment Gross Margin MANITOWOC, Wis., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today reported results for its fiscal 2025 second quarter (Q2’25) ended September 30, 2024. Orion will hold an investor call today at 10:00 a.m. ET – details below. Q2 Financial Summary Prior Three Quarters$ in millions exce...

 PRESS RELEASE

LED Lighting, EV Charging Solutions and Maintenance Solutions Provider...

LED Lighting, EV Charging Solutions and Maintenance Solutions Provider Orion Energy Systems Hosts Q2 Call Wed., Nov. 6th at 10am ET MANITOWOC, Wis., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (), a provider of energy-efficient LED lighting and controls, electrical vehicle (EV) charging station solutions, and maintenance services, hosts conference call and webcast to review its fiscal 2025 second quarter (Q2’25) results on Wednesday, November 6, 2024 at 10:00 a.m. ET. Orion will release results prior to the market’s opening that day. Webcast / Call Detai...

 PRESS RELEASE

LED Lighting and EV Charging Solutions Provider Orion Previews Q2’25 R...

LED Lighting and EV Charging Solutions Provider Orion Previews Q2’25 Results and Updates FY 2025 Outlook in Anticipation of LD Micro Investor Presentation Webcast Today at 8:30 a.m. PT LOS ANGELES and MANITOWOC, Wis., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today announced unaudited preliminary revenue results for its fiscal 2025 second quarter (Q2’25) ended September 30, 2024, in anticipation of its participation today at the LD ...

 PRESS RELEASE

LED Lighting and EV Charging Station Provider Orion to Present at LD M...

LED Lighting and EV Charging Station Provider Orion to Present at LD Micro Investor Conference Tuesday, October 29th at 11:30am ET LOS ANGELES and MANITOWOC, Wis., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (), a provider of energy-efficient LED lighting, electric vehicle (EV) charging station, and maintenance service solutions, announced it will be presenting at the LD Micro Main Event XVII at the Luxe Sunset Boulevard Hotel, on Tuesday, October 29th at 8:30 a.m. PT / 11:30 a.m. ET. CEO Mike Jenkins and CFO Per Brodin will also be available t...

 PRESS RELEASE

Orion Secures 5-Year, $25M Contract to Supply LED Lighting Fixtures Fo...

Orion Secures 5-Year, $25M Contract to Supply LED Lighting Fixtures For Major Retail Customer’s New Store Construction Projects MANITOWOC, Wis., Oct. 07, 2024 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today announced the signing of a 5-year contract extension with an existing major retail customer to supply all interior and exterior LED lighting fixtures for their expanding schedule of new store construction projects. Orion estimates the annual v...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch