Orion Energy Systems reports preliminary FY26 revenue of $86M and at least $2M adjusted EBITDA
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Orion Energy Systems reported preliminary FY26 revenue of $86M and adjusted EBITDA of at least $2M. The company expects FY27 revenue between $95M and $97M with positive adjusted EBITDA. Growth is attributed to backlog increase, higher enterprise orders, and cost improvements. As of March 31, 2026, backlog was $30M. The company has seen six consecutive quarters of positive adjusted EBITDA and plans an investor call on June 4, 2026, to discuss results.
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