Orion Energy Systems announced the signing of a 5-year contract extension with an existing major retail customer to supply all interior and exterior LED lighting fixtures for their expanding schedule of new store construction projects. Orion estimates the annual value of the contract to range between $4.5M to $6M for a total potential value of $23M-$30M. Initial product shipments are expected to commence in Orion’s fiscal 2025 third quarter.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OESX: