Orion Energy Systems (NASDAQ:OESX) Announces Quarterly Earnings Results, Meets Expectations

Orion Energy Systems (NASDAQ:OESX) announced its quarterly earnings results on Thursday. The electronics maker reported ($0.06) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.06), Zacks reports. Orion Energy Systems had a negative net margin of 8.54% and a negative return on equity of 48.85%. Orion Energy Systems updated its FY 2026 guidance to EPS.

Orion Energy Systems Stock Performance

Shares of OESX opened at $0.59 on Thursday. The company’s 50 day simple moving average is $0.67 and its 200-day simple moving average is $0.75. The firm has a market cap of $19.52 million, a PE ratio of -2.58 and a beta of 1.22. Orion Energy Systems has a 12-month low of $0.56 and a 12-month high of $1.29. The company has a current ratio of 1.40, a quick ratio of 0.89 and a debt-to-equity ratio of 0.73.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen assumed coverage on Orion Energy Systems in a report on Thursday, May 22nd. They issued a “hold” rating for the company.

About Orion Energy Systems

Orion Energy Systems, Inc, together with its subsidiaries, researches, designs, develops, manufactures, markets, sells, installs, and implements energy management systems for commercial office and retail, area lighting, industrial applications, and government in North America and Germany. It operates in three segments: Lighting, Maintenance, and Electric Vehicle (EV).