OESX - It's Lights On For Orion Energy Systems

Orion Energy Systems (OESX) is a provider of LED lighting systems through three different channels:

• Turnkey projects for large national accounts
• The agent-driven distribution channel
• The ESCO (Energy Service Companies) channel

From the latest IR presentation:

As you can see, investors are cheering recent progress, and they keep on cheering whilst we are writing this article:

At first sight, there doesn't seem to be much progress, falling revenues and a history of losses:

Data by YCharts

But the last quarter figures are not yet included, and these were a blowout with revenues

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