Orion Energy Systems, Inc Provides Earnings Guidance for Fiscal 2019
January 16, 2019 at 08:15 am
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Orion Energy Systems Inc. provided earnings guidance for fiscal 2019. For the year, the company expects to realize revenue of approximately $11 million under the letter of intent. A significant portion of the installations are expected to be completed in Orion’s fiscal 2019 fourth quarter ending March 31, 2019. Orion remains confident in achieving its fiscal 2019 revenue growth goal of 5% to 10% communicated in its second quarter fiscal 2019 quarterly release.
Orion Energy Systems, Inc. provides light emitting diode (LED) lighting systems, wireless Internet of Things (IoT) enabled control solutions, commercial and industrial electric vehicle (EV) charging infrastructure solutions and lighting and electrical maintenance services. Its lighting segment develops and sells lighting products and provides construction and engineering services for its commercial lighting and energy management systems. Its lighting segment provides engineering, design, lighting products and, in many cases, turnkey solutions for large national accounts, governments, municipalities, schools, and other customers. Its maintenance segment provides retailers, distributors and other businesses with maintenance, repair and replacement services for the lighting and related electrical components deployed in their facilities. Its EV segment offers electric vehicle charging expertise and provides EV turnkey installation solutions with ongoing support to all commercial verticals.
ORION ENERGY SYSTEMS, INC. 
