Orion Energy Systems completes platform installation for Sysco
Shares of Orion Energy Systems, Inc. (Nasdaq:OESX) are treading higher in pre-market trading after the energy management systems manufacturer said this morning that it completed installation of its compact modular lighting platform by SYSCO Corp.
Orion said it will save its client 34 million kilowatt-hours of electricity per year, translating to approximately $2.85 million annually in reduced energy costs tied to lighting and over $350,000 in reduced cooling costs.
Shares advanced 11.3%, or $1.13, to $11.15 in pre-market trading. For detailed price information and recent news stories about Orion Energy Systems, click OESX.
