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home / news releases / OESX - Orion nabs $40M contract extension retrofit project


OESX - Orion nabs $40M contract extension retrofit project

Orion Energy Systems (OESX) +3.1% PM, secured a new contract extension totaling ~$40M for the turnkey LED lighting and controls retrofit of 290 additional locations for an existing large national retail customer.Currently, the company expects to recognize product and service revenue from the additional locations starting in 4Q21 through the 3Q22.Post the additional locations, Orion will have completed LED lighting and controls retrofits at ~1,570 of this customer's locations nationwide.

For further details see:

Orion nabs $40M contract extension retrofit project
Stock Information

Company Name: Orion Energy Systems Inc.
Stock Symbol: OESX
Market: NASDAQ
Website: orionlighting.com

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