Orion Group Hlds

Orion Group Holdings, Inc. engages in the provision of specialty construction services in the building, industrial, and infrastructure sectors. It operates through the Marine and Concrete segments. The Marine segment includes the restoration, maintenance, dredging, and repair of marine transportation facilities, pipelines, bridges and causeways and environmental structures. The Concrete segment involves cement pouring for products such as columns, elevated beams, sidewalks, ramps and tilt walls. The company was founded in 1994 and is headquartered in Houston, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Orion Group Holdings reports robust Q4 performance and growth outlook

Orion Group Holdings delivered a strong performance in Q4 2022, driven by strategic initiatives and significant contract wins, positioning the company for future growth.
While facing challenges in managing costs and sustaining growth momentum, Orion Group Holdings remains focused on operational efficiency and financial stability.
With a promising market outlook, diversified project portfolio, and momentum in securing new contracts, Orion Group Holdings is poised for success in delivering projects and driving profitability in 2023.

Orion Group Holdings faces Q1 challenges but anticipates growth opportunities

Orion Group Holdings faced challenges in Q1 with revenue decline and a net loss, attributed to volume issues and weather impacts. Despite this, the company showcased strengths in securing contracts and achieving profitability in the concrete segment.
While challenges like underperforming projects and financial losses persist, Orion is focused on improving performance, optimizing capital, and enhancing profitability. The company's strategic plan and strong project pipeline position it for growth and improved financial results.
Opportunities lie in the company's ability to secure significant contracts, bid on substantial projects, and anticipate improved financial performance. Orion's focus on operational improvements and capital optimization sets the stage for long-term success and growth.

Orion Group Holdings reports mixed Q2 performance with growth opportunities

Orion Group Holdings navigated a mixed performance in Q2 2023, with the concrete business returning to profitability while the marine segment faced challenges.
The company's strategic initiatives to secure funding, monetize assets, and focus on growth opportunities position it for future success.
Analysts' questions highlighted areas for improvement, but overall, Orion Group Holdings remains optimistic about its trajectory and growth prospects.

Orion Group Holdings reports strong Q3 performance and optimistic outlook

Orion Group Holdings delivered a robust performance in Q3 2023, showcasing profitability, revenue growth, and a strong backlog.
Despite challenges in competitive environments and cost management, the company remains optimistic about future growth and margin improvement.
With a focus on leveraging opportunities for revenue expansion and market presence, Orion Group Holdings aims to sustain its success in targeted sectors.

Orion Group Holdings prioritizes profitability, eyes growth in 2024

Orion Group Holdings prioritized profitability, leading to improved margins and a focus on enhancing operational efficiency.
The company's strategic investments and focus on profitability position it for revenue growth and margin improvement in 2024.
Challenges such as legal matters and ongoing projects require careful management, while opportunities lie in revenue ramp-up and strategic investments.

Orion Group Holdings reports Q1 revenue impact, eyes growth opportunities

Orion Group Holdings is navigating challenges from project scheduling impacts but is capitalizing on growth opportunities in marine construction and data centers. With a significant increase in the pipeline of opportunities and a strong backlog, the company is well-positioned for revenue and EBITDA growth.

Orion Group Holdings excels in Q3, eyes substantial growth opportunities

Orion Group Holdings demonstrated strong financial performance in Q3 2024, driven by revenue growth, improved cash flow, and safety accolades. While challenges in maintaining cash flow consistency and converting backlog remain, the company's focus on safety and growth opportunities present a positive outlook for investors.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Orion Group Holdings, Inc. provides specialty construction services in the building, industrial, and infrastructure sectors. It operates through the Marine and Concrete segments. The Marine segment includes the restoration, maintenance, dredging, and repair of marine transportation facilities, pipelines, bridges and causeways and environmental structures. The Concrete segment involves cement pouring for products such as columns, elevated beams, sidewalks, ramps and tilt walls. The company was founded in 1994 and is headquartered in Houston, TX.

The consensus price target hints at a 54.4% upside potential for Orion Marine (ORN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Can Orion Marine (ORN) Climb 54.36% to Reach the Level Wall Street Analysts Expect?

Orion Group Holdings, Inc. (NYSE:ORN ) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Margaret Boyce - IR Travis Boone - CEO Scott Thanisch - CFO Conference Call Participants Aaron Spychalla - Craig-Hallum Julio Romero - Sidoti & Co. Min Cho - B. Riley Securities Jason Ursaner - Bumbershoot Holdings Operator Good morning and welcome to the Orion Group Holdings Third Quarter 2024 Financial Results Conference Call.

Orion Group Holdings, Inc. (ORN) Q3 2024 Earnings Call Transcript

The headline numbers for Orion Marine (ORN) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Orion Marine (ORN) Reports Q3 Earnings: What Key Metrics Have to Say

Orion Marine Group (ORN) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.02 per share a year ago.

Orion Marine Group (ORN) Beats Q3 Earnings Estimates

HOUSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported its financial results for the third quarter ended September 30, 2024.

Orion Group Holdings Reports Third Quarter 2024 Results

Air Liquide SA

General Motors

Volkswagen AG

DENVER, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Forge Nano, Inc., a materials science company that uses its Atomic Armor™ Atomic Layer Deposition technology to optimize material performance to enable better products, today announced a $10M investment from GM Ventures, the venture arm of General Motors (NYSE: GM). The investment adds to its previous $50 million Series C with participation from Hanwha (KRX: 000880), Orion Infrastructure Capital (NYSE: ORN), Catalus Capital and Ascent Funds. The company has raised more than $100 million to date with additional investments from Volkswagen (OTC: VWAGY), Mitsui Kinzoku (OTC: MMSMY), LG Technology Ventures (KRX: 003550), Sumitomo Corporation of Americas (OTC: SSUMF), Air Liquide (OTC: AIQUY) and SBI Investment (OTC: SBHGF).

Forge Nano Receives $10M Investment from GM Ventures to Pursue GM Battery Material Enhancements for Future Electric Vehicles

Conference Call to be held Thursday, October 31, at 8:00 a.m. Central Time Conference Call to be held Thursday, October 31, at 8:00 a.m. Central Time

Orion Group Holdings to Report Third Quarter 2024 Financial Results on Wednesday, October 30

ORION CORPORATION STOCK EXCHANGE RELEASE – OTHER INFORMATION DISCLOSED ACCORDING TO THE RULES OF THE EXCHANGE20 SEPTEMBER 2024 at 9.30 EEST

213,285 Orion Corporation A shares converted into B shares

HOUSTON, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today announced that Orion management will participate in D.A. Davidson's 23rd Annual Diversified Industrials & Services Conference. The Conference will take place on September 19-20, 2024, in Nashville, Tennessee.

Orion Group Holdings to Participate in D.A. Davidson's 23rd Annual Diversified Industrials & Services Conference

HOUSTON, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (“Orion” or the “Company”), a leading specialty construction company, today announced that it has priced its previously announced underwritten public offering of 4,860,000 shares of its common stock at a public offering price of $5.15 per share. Orion expects the gross proceeds from this offering to be approximately $25.0 million, before deducting the underwriting discount and other estimated offering expenses. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes, which may include repayment of indebtedness under its credit agreement. In connection with the offering, Orion has granted the underwriters a 30-day option to purchase up to 729,000 additional shares of its common stock at the public offering price, less the underwriting discount. The Company expects to close the offering, subject to customary conditions, on or about September 12, 2024.

Orion Group Holdings Prices $25.0 Million Public Offering of Common Stock

HOUSTON, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (“Orion” or the “Company”), a leading specialty construction company, today announced that it intends to offer and sell shares of its common stock in an underwritten public offering. In connection with the offering, Orion also expects to grant the underwriter a 30-day option to purchase additional shares of common stock offered in the public offering. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the final size or terms of the offering. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes, which may include repayment of indebtedness under its credit agreement.

Orion Group Holdings Announces Proposed Public Offering of Common Stock

Celebrates 15th anniversary on the New York Stock Exchange and the Company's 30th anniversary Celebrates 15th anniversary on the New York Stock Exchange and the Company's 30th anniversary

Orion Group Holdings Rings The Opening Bell® on the New York Stock Exchange

Vinci SA

Investors interested in stocks from the Building Products - Heavy Construction sector have probably already heard of Vinci SA (VCISY) and Orion Marine Group (ORN). But which of these two stocks is more attractive to value investors?

VCISY or ORN: Which Is the Better Value Stock Right Now?

ORION CORPORATION STOCK EXCHANGE RELEASE – OTHER INFORMATION DISCLOSED ACCORDING TO THE RULES OF THE EXCHANGE14 AUGUST 2024 at 9.30 EEST

44,767 Orion Corporation A shares converted into B shares

Orion Group Holdings, Inc. (NYSE:ORN ) Q2 2024 Earnings Conference Call July 25, 2024 9:00 AM ET Company Participants Margaret Boyce - IR Travis Boone - CEO Scott Thanisch - CFO Conference Call Participants Aaron Spychalla - Craig-Hallum Julio Romero - Sidoti & Company Min Cho - B. Riley Securities David Storms - Stonegate Capital Operator Good day, and welcome to the Orion Group Holdings Second Quarter of 2024 Conference Call.

Orion Group Holdings, Inc. (ORN) Q2 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Orion Marine (ORN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Orion Marine (ORN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Orion Marine Group (ORN) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of $0.03. This compares to loss of $0.14 per share a year ago.

Orion Marine Group (ORN) Reports Q2 Loss, Misses Revenue Estimates

HOUSTON, July 24, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported its financial results for the second quarter ended June 30, 2024.

Orion Group Holdings Reports Second Quarter 2024 Results

Orion Group Holdings is benefiting from industry trends and strong demand, with a market cap of $316M and a stock price increase of over 200% in the past year. ORN's Q1 report showed positive results, with strong momentum, a solid backlog, and improving profitability, leading to a Buy rating. ORN's management team, industry tailwinds, and upcoming projects indicate continued earnings growth and potential for stock price appreciation in the future.

Orion Group: The Opportunity Pipeline Has Increased Due To Infrastructure Demands

Conference Call to be held Thursday, July 25 at 8:00 a.m. Central Time Conference Call to be held Thursday, July 25 at 8:00 a.m. Central Time

Orion Group Holdings, Inc. to Report Second Quarter 2024 Financial Results on Wednesday, July 24

New contracts in Florida and Texas are set to boost Orion's (ORN) revenues and market presence.

Orion (ORN) Secures $63M Worth Contracts, Boosts Backlog

HOUSTON, June 24, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”, “Orion”), a leading specialty construction company, today announced three contract awards, two in its Concrete segment and one in its Marine segment. Each of the three projects is scheduled to start in the third quarter of 2024 and run for nine to twelve months.

Orion Group Holdings Announces Three Contract Awards Total Value Approximately $63 Million

HOUSTON, May 21, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today announced that CEO Travis Boone and CFO Scott Thanisch will participate in the following upcoming conferences:

Orion Group Holdings to Participate in Upcoming Investor Conferences

Orion Marine (ORN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Why Orion Marine (ORN) Might be Well Poised for a Surge

Recently, Zacks.com users have been paying close attention to Orion Marine (ORN). This makes it worthwhile to examine what the stock has in store.

News for Orion Group Hlds Stock (ORN)