Orion Energy Systems, Inc. (NASDAQ:OESX), a leader in energy-efficient LED lighting, electric vehicle charging stations, and maintenance service solutions, announced a reverse stock split at a ratio of 10 for 1 on August 22, 2025. This strategic decision, approved by the company's Board of Directors and shareholders, aims to increase the stock price and enhance its appeal to investors.

Key Insights:

• The reverse stock split consolidated every 10 shares of OESX into one share, aiming to make the stock more attractive to investors.
• Before the split, OESX's stock price was $0.59, with a slight decrease of approximately 1.08% on the day.
• The company's market capitalization stands at approximately $20.95 million, with a trading volume of 259,108 shares, indicating investor interest and the total value of outstanding shares.

The reverse stock split means that every 10 shares of OESX were consolidated into one share, a decision often made to increase the stock price and make it more attractive to investors. Before the split, the stock price was $0.59, reflecting a decrease of approximately 1.08%. The stock had dropped by $0.0065 on that day. OESX's stock price fluctuated during the trading day, reaching a low of $0.58 and a high of $0.62. Over the past year, the stock has seen a high of $10.35 and a low of $0.58.

The reverse stock split could help stabilize the stock price and potentially increase its value over time. The market capitalization of OESX is approximately $20.95 million, with a trading volume of 259,108 shares. This indicates the total value of the company's outstanding shares and the level of investor interest in the stock. The reverse stock split may impact these figures as the stock price adjusts.

Orion Energy Systems, Inc. (NASDAQ:OESX) specializes in energy-efficient LED lighting and electric vehicle (EV) charging stations. On June 26, 2025, OESX reported its earnings, revealing an earnings per share (EPS) of -$0.06, which matched the estimated EPS of -$0.06. The company generated a revenue of approximately $20.87 million, slightly below the estimated revenue of about $21.08 million.

During the Q4 2025 earnings conference call, key participants included John Per Brodin, the Executive Vice President, CFO, Chief Accounting Officer, and Treasurer, and Sally A. Washlow, the CEO and Independent Director. Analysts like Eric Stine from Craig-Hallum Capital Group LLC and Gowshihan Sriharan from Singular Research, LLC, also participated. The call likely covered Orion's financial performance, strategic initiatives, and future outlook.

Orion reported a gross margin increase to 25.4% for fiscal year 2025, marking an improvement of 230 basis points. This was achieved on a revenue of $79.7 million, despite a decrease from $90.6 million in fiscal year 2024. The decline was due to reduced LED lighting sales and maintenance revenue, partially offset by increased EV charging station revenue.

For the fourth quarter of fiscal year 2025, Orion's revenue was $20.87 million, down from $26.4 million in the same quarter of the previous year. This decrease was influenced by a $1.9 million revenue contribution from a large European project in the prior year and an expected reduction in maintenance revenue. However, the company anticipates a 5% revenue growth in fiscal year 2026, projecting approximately $84 million.

Orion's financial metrics reveal a negative price-to-earnings (P/E) ratio of approximately -2.72, indicating current losses. The price-to-sales ratio is about 0.23, suggesting the stock is valued at 23 cents for every dollar of sales. The debt-to-equity ratio is about 0.75, indicating a moderate level of debt relative to equity. The current ratio is approximately 1.40, showing a reasonable level of liquidity to cover short-term liabilities.