Orion Energy Systems, Inc. (NASDAQ:OESX) Q2 2024 Earnings Call Transcript

Andrew Shapiro: Lastly, you made a comment about potentially seeking a mortgage on the headquarters building. Of course, this is not the optimal time to go lock in some kind of long-term rate. When does your current bank line? What’s its maturity date.

Per Brodin: December of 25.

Andrew Shapiro: And your pricing is what reference rate plus what? What’s the margin on that?

Per Brodin: [Indiscernible].

Andrew Shapiro: And are we in the toughest band right now in light of the fact we’re not generating positive EBITDA?

Operator: And with that, this concludes our Q&A session. I would now like to turn the conference back to Mr. Jenkins for closing remarks.

Mike Jenkins: Thank you, and thanks to everyone for joining and listening to our call today. I look forward to updating investors and stakeholders in coming months and quarters as we execute on our growth objectives for fiscal ’24. We continue to take opportunities to meet with investors in person or virtually. We are presenting at the Sidoti & Company Virtual Conference on November 15, and I encourage you to listen to our presentation and/or to register for one-on-one call. For more information on our planned events or if you would like to schedule a call with management, you can contact our Investor Relations team whose information is in today’s press release. Thank you very much. Have a good day.

Operator: This concludes today’s conference call. Thank you for participating. You may now disconnect. Everyone, have a great day.