Voltrek EV Charging Station Business Growth
Voltrek's revenue grew 40% to $4.7 million in Q2 '25 compared to $3.4 million in Q2 '24, benefiting from construction contracts for Eversource Energy and Boston Public Schools.
New Contracts and Business Opportunities
Orion secured a 5-year $25 million contract for LED lighting fixtures with a major national retailer and received POs for a new $10 million multiyear relationship with a product distributor.
Maintenance Services Segment Turnaround
Maintenance services segment saw revenue growth to $3.8 million in Q2 '25 versus $3.6 million in Q2 '24, with a 2,300 basis point improvement in gross margin.
TritonPro Product Line Success
The TritonPro and new exterior products generated over $4 million in revenue with an open pipeline of over $18 million in fiscal '25.
Positive Cash Flow from Operations
Orion generated positive cash flow from operations in Q2 '25 and reduced its revolving credit facility debt by $1 million.