Orion Energy Systems reported first quarter fiscal 2027 revenue of $25.7 million, a 32% increase from $19.6 million a year earlier, with net income of $2 million versus a loss of $1.2 million. Adjusted EBITDA rose to $2.5 million from $200,000, marking the company's seventh consecutive quarter of positive adjusted EBITDA. Gross margin improved to 34.6% from 30.1%, helped by a 130 basis point tariff benefit. The company reiterated full-year fiscal 2027 guidance of $95 million to $97 million in revenue and positive adjusted EBITDA, and highlighted early traction in the hyperscale data center market with a multimillion-dollar lighting engagement.
Orion Energy Systems IncRevenue up 32%, net income positive, EBITDA up, and reiterated guidance.
