Orion Energy Systems Inc. has increased its FY 2026 revenue guidance, now expecting revenue in the range of $84 million to $86 million, up from its previous outlook of approximately $84 million. The company also anticipates positive net income and positive adjusted EBITDA for FY26 Q3, with preliminary unaudited Q3 revenue expected to be about $21 million. This marks the fifth consecutive quarter of positive adjusted EBITDA, and the company expects to maintain positive adjusted EBITDA for the full FY 2026. Looking ahead, Orion projects revenue between $95 million and $97 million with positive adjusted EBITDA for FY 2027, which begins April 1, 2026. The company attributes its improved outlook to increasing orders from enterprise customers, successful cost-structure improvements, and greater market prominence. A newly awarded large-scale LED exterior lighting project with a leading international retail chain is anticipated to generate approximately $14 million to $15 million in revenue, with the majority of the project expected to be completed by the end of July 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orion Energy Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-015952), on January 20, 2026, and is solely responsible for the information contained therein.