NetworkNewsBreaks – Orion Energy Systems, Inc.’s (NASDAQ: OESX) Competitive Position Featured in Roth Equity Research Report

January 29, 2020 13:17:04

Orion Energy Systems (NASDAQ: OESX) was featured in a recent Equity Research Report Published by Roth Capital Partners, LLC. The report reads, “Orion announced $18m-$20m incremental purchase indications from Home Depot (HD-NC), bringing the total HD orders to ~$130m. This announcement raises credibility for Orion’s competitive position looking to steal one of Acuity’s (AYI-Sell) Top-5 customers, where we expect visibility will greatly improve in coming weeks. Home Depot was originally an Acuity customer, and Orion is delivering a fully-custom retrofit package that avoids depreciation charges for the customer, while offering a $40 retrofit solution vs. the $200 Acuity alternative.”

To view the full report, visit http://nnw.fm/f2Pft

About Orion Energy Systems

Orion is a provider of LED lighting and turnkey energy project solutions designed to reduce energy consumption and enhance business performance and efficiency. Orion designs, manufactures, markets and manages the installation and maintenance of LED solid-state lighting systems, along with integrated smart controls. Orion systems utilize patented design elements to deliver industry-leading energy efficiency, enhanced optical and thermal performance and ease of installation, providing long-term financial, environmental, and work-space benefits to a diverse customer base, including nearly 40% of the Fortune 500. For more information, visit the company’s website at www.OrionLighting.com.

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