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.

HOUSTON--(BUSINESS WIRE)--Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today announced that it will issue its financial results for the first quarter ended March 31, 2022 on Wednesday, April 27, 2022, after the close of the stock market. ORN's management will conduct a conference call on Thursday, April 28, 2022 at 10:00 a.m. ET to review these results. To listen to the call live, dial 201-493-6739 and ask for the Orion Group Holdings Confere

Orion Group Holdings, Inc. Schedules 2022 First Quarter Results News Release for Wednesday, April 27th and Conference Call for Thursday, April 28th

HOUSTON--(BUSINESS WIRE)--Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today announced that Austin J. Shanfelter, Chairman of the Board of Directors, has been named interim Chief Executive Officer. Mark R. Stauffer has stepped down as President and CEO, and as a member of the Board, and will serve as an advisor to the Company. Richard L. Daerr, Jr., a current Board member, has been appointed Lead Independent Director, and will not retire at t

Orion Group Holdings Names Austin J. Shanfelter Interim Chief Executive Officer

Orion Group has guided the Street to roughly $35 million in FY 2022 Adj. EBITDA. The stock is trading at less than 2X EV/ pro-forma FY 2022 Adj. EBITDA.

Orion Group Holdings: The Perfect Activist Target

Orion Group Holdings, Inc. (ORN) CEO Mark Stauffer on Q4 2021 Results - Earnings Call Transcript

HOUSTON--(BUSINESS WIRE)--Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported a net loss of $8.8 million ($0.29 diluted loss per share) for the fourth quarter ended December 31, 2021. Fourth quarter highlights are discussed below. For full year results please refer to the financial statements starting on page 7. Fourth Quarter 2021 Highlights Operating loss was $8.2 million for the fourth quarter of 2021 compared to operating income o

Orion Group Holdings, Inc. Reports Fourth Quarter and Full Year 2021 Results

HOUSTON--(BUSINESS WIRE)--Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today announced that it will issue its financial results for the fourth quarter and full year ended December 31, 2021 on Wednesday, March 2, 2022, after the close of the stock market. ORN's management will conduct a conference call on Thursday, March 3, 2022 at 10:00 a.m. ET to review these results. To listen to the call live, dial 201-493-6739 and ask for the Orion Group

Orion Group Holdings, Inc. Schedules 2021 Fourth Quarter and Full Year Results News Release for Wednesday, March 2nd and Conference Call for Thursday, March 3rd

ORION CORPORATION STOCK EXCHANGE RELEASE 1 FEBRUARY 2022 at 9.30 EET

38,220 Orion Corporation A shares converted into B shares

HOUSTON--(BUSINESS WIRE)--Orion Group Holdings, Inc. (NYSE: ORN) (the "Company") a leading specialty construction company, today announced the appointment of Quentin P. Smith, Jr. to the Board of Directors, as well as the retirement of Richard L. Daerr, Jr. as a board member. The Board's appointment of Mr. Smith to the Board of Directors is effective January 21, 2022. His initial term will expire at the 2022 annual meeting of stockholders, at which time the Board will propose Mr. Smith for re-e

Orion Group Holdings, Inc. Announces Board of Director Changes

Sliding earnings and a corresponding stock price have this heavy construction company well off the highs.

Bear of the Day: Orion Group (ORN)

Orion Group Holdings Inc (NYSE: ORN) secured two contract awards for its Marine segment totaling ~$33 million. Orion Group has recently secured a $28.3 million design-bid-build contract from the Naval Facilities Engineering Command (NAVFAC) Southeast to repair and update an existing waterside facility in the Bahamas.

Orion Group Bags Contract Awards Worth $33M

HOUSTON--(BUSINESS WIRE)--Orion Group Holdings, Inc. (NYSE: ORN) (the "Company") a leading specialty construction company, today announced two contract awards for its Marine segment totaling approximately $33 million. The Company was recently awarded a $28.3 million design-bid-build contract by the Naval Facilities Engineering Command (“NAVFAC”) Southeast for the repair and update of an existing waterside facility in the Bahamas. Work on the project site is scheduled to commence in the second q

Orion Group Holdings, Inc. Announces Contract Awards of Approximately $33 Million

ORION CORPORATION STOCK EXCHANGE RELEASE 10 DECEMBER 2021 at 9.00 EET

102,428 Orion Corporation A shares converted into B shares

HOUSTON--(BUSINESS WIRE)--Orion Group Holdings, Inc. (NYSE: ORN) (the "Company") a leading specialty construction company, today announced Francis Okoniewski, Vice President Investor Relations will present and host one-on-one meetings with investors at the Sidoti Virtual Micro-Cap Conference, taking place on Wednesday, December 8 – Thursday, December 9, 2021. The presentation will begin at 10:45 AM ET on Thursday, December 9, 2021 and can be accessed live here: https://sidoti.zoom.us/webinar/re

Orion Group Holdings, Inc. to Present at Sidoti Virtual Micro-Cap Conference on Thursday, December 9th

Orion (ORN) is set to benefit from multiple contracts in the Concrete and Marine segments.

Orion (ORN) Wins Multiple Deals for Concrete & Marine Units

Orion Group Holdings Inc (NYSE: ORN) received four contract awards for its Concrete segment totaling ~$28 million and three contract awards for its Marine segment totaling ~$16 million. Orion's Concrete segment was recently awarded three contracts in the Dallas area, including a $3.8 million contract for a data center expansion, a $4.3 million contract for constructing two cast-in-place retirement residential buildings, and a $5.6 million contract for a cold storage facility.

Orion Group Pockets $44M Worth Multiple Contract Awards

HOUSTON--(BUSINESS WIRE)--Orion Group Holdings, Inc. (NYSE: ORN) (the "Company") a leading specialty construction company, today announced four contract awards for its Concrete segment totaling approximately $28 million. The Company was recently awarded three contracts in the Dallas area, including a $3.8 million contract for a data center expansion, a $4.3 million contract for the construction of two cast-in-place retirement residential buildings, and a $5.6 million contract for a cold storage

Orion Group Holdings, Inc. Announces Contract Awards of Approximately $28 Million

HOUSTON--(BUSINESS WIRE)--Orion Group Holdings, Inc. (NYSE: ORN) (the "Company") a leading specialty construction company, today announced three contract awards for its Marine segment totaling approximately $16 million. In Texas, the Company has been awarded a contract valued at $7.1 million by the U.S. Army Corps of Engineers for dredging in the Freeport Harbor Channel. Work is expected to begin in the first quarter of 2022 and to be completed in the second quarter of 2022. The Company has als

Orion Group Holdings, Inc. Announces Contract Awards of $16 Million

Orion Group Holdings, Inc. (ORN) CEO Mark Stauffer on Q3 2021 Results - Earnings Call Transcript

Orion Marine (ORN) delivered earnings and revenue surprises of -92.86% and 5.43%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Orion Marine Group (ORN) Reports Q3 Loss, Tops Revenue Estimates

HOUSTON--(BUSINESS WIRE)--Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported a net loss of $10.2 million ($0.33 diluted loss per share) for the third quarter ended September 30, 2021. Third Quarter 2021 Highlights Operating loss was $8.7 million for the third quarter of 2021 compared to operating income of $13.1 million for the third quarter of 2020. Net loss was $10.2 million ($0.33 diluted loss per share) for the third quarter of 2

Orion Group Holdings, Inc. Reports Third Quarter 2021 Results; Significant Increase in Backlog

Orion Marine (ORN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Orion Marine Group (ORN) Q3 Earnings Expected to Decline

HOUSTON--(BUSINESS WIRE)--Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today announced that it will issue its financial results for the third quarter ended September 30, 2021 on Wednesday, October 27, 2021, after the close of the stock market. ORN's management will conduct a conference call on Thursday, October 28, 2021 at 10:00 a.m. ET to review these results. To listen to the call live, dial 201-493-6739 and ask for the Orion Group Holdings

Orion Group Holdings, Inc. Schedules 2021 Third Quarter Results News Release for Wednesday, October 27th and Conference Call for Thursday, October 28th

HOUSTON--(BUSINESS WIRE)--Orion Group Holdings, Inc. (NYSE: ORN) (the "Company") a leading specialty construction company, today announced Robert L. Tabb will step down as Executive Vice President and Chief Financial Officer effective October 29, 2021, to pursue a new opportunity with a private company that is not a competitor. Upon his departure, his duties will be performed by the senior management team in concert with finance department leadership while the Company conducts a formal CFO sear

Orion Group Holdings, Inc. Announces Chief Financial Officer Change

Orion's (ORN) Marine segment is set to benefit from the contracts worth $200 million.

Orion (ORN) Wins $200M Contract, Fortifies Marine Segment

HOUSTON--(BUSINESS WIRE)--Orion Group Holdings, Inc. (NYSE: ORN) (the "Company") a leading specialty construction company, today announced two contract awards for its Marine segment totaling nearly $200 million. The Company has been awarded a contract valued at approximately $125 million from the Florida Department of Transportation (FDOT) to replace the State Road 405 Indian River Bridge over the NASA Causeway near Cape Canaveral, Florida. This bridge provides the main access to Kennedy Space

News for Orion Group Hlds Stock (ORN)