OESX has been in the news 375% more than usual
Jan 16, 2025, 5:32 AM
-3.25%
What does OESX do
Orion Energy Systems, based in Manitowoc, Wisconsin, offers LED lighting systems, IoT control solutions, and EV charging installations, employing 260 staff since its IPO on December 19, 2007. Their services cater to commercial, governmental, and educational sectors, including maintenance and engineering for lighting systems.
OESX has been in the news recently: Orion Energy Systems has partnered with Diamondback Plumbing to improve its service capabilities in the Phoenix area, leveraging Diamondback's 27 years of experience. Additionally, Orion S.A. anticipates that its adjusted EBITDA for 2024 will be below $305-$315 million due to foreign exchange impacts and a planned 6% workforce reduction.
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