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 Q2 2021

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Earnings data Q2 2024

Orion Group Holdings anticipates Q2 recovery and strategic growth initiatives

Orion Group Holdings faced challenges in Q1 2023 due to volume issues, weather-related impacts, and slow activity from major customers. However, the company anticipates significant improvement in Q2 and the back half of the year, with the concrete segment reaching profitability and strategic initiatives in place for growth. The company is not providing guidance during this transitional year but expects substantially improved results throughout the year.

Orion Group Holdings reports mixed Q2 results, eyes growth opportunities

Orion Group Holdings' Q2 2023 performance reflects mixed results, with the concrete business returning to profitability while the marine business faced challenges. The company's strategic initiatives, including securing a new credit facility and significant project wins, position it for future growth. However, questions from analysts indicate a focus on addressing challenges and maximizing opportunities for sustained success.

Orion Group Holdings reports strong Q3 earnings and secures major contracts

Orion Group Holdings delivered strong financial results in Q3, with significant contract wins and increased access to capital. While facing challenges in the dredging market, the company remains optimistic about future opportunities and expects a positive inflection in marine revenue. Overall, the company is well-positioned for continued growth and success.

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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.

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Here is What to Know Beyond Why Orion Group Holdings, Inc. (ORN) is a Trending Stock

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Is Orion Group (ORN) Stock Outpacing Its Construction Peers This Year?

Orion Group Holdings, Inc. (NYSE:ORN ) Q1 2024 Earnings Conference Call April 25, 2024 9:00 AM ET Company Participants Margaret Boyce - Investor Relations Travis Boone - Chief Executive Officer Scott Thanisch - Chief Financial Officer Conference Call Participants Julio Romero - Sidoti & Company Alex Rygiel - B. Riley David Storms - Stonegate Capital Operator Good morning, and welcome to the Orion Group Holdings First Quarter 2024 Earnings Conference Call.

Orion Group Holdings, Inc. (ORN) Q1 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 March 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) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Orion Marine Group (ORN) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.32 per share a year ago.

Orion Marine Group (ORN) Reports Q1 Loss, Lags Revenue Estimates

HOUSTON, April 24, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported its financial results for the first quarter ended March 31, 2024.

Orion Group Holdings Reports First Quarter 2024 Results

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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.

Orion Marine Group (ORN) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

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Is Orion Group (ORN) Outperforming Other Construction Stocks This Year?

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

Orion Group Holdings, Inc. to Report First Quarter 2024 Financial Results on Wednesday, April 24

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What Makes Orion Marine (ORN) a Good Fit for 'Trend Investing'

HOUSTON, March 25, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (“Orion” or the “Company”), a leading specialty construction company, announced today that Richard L. Daerr, Jr., who has served as an independent member of the Company's Board of Directors (the “Board”) since 2007 and was Chairman of the Board from 2007 to 2020 as well as Lead Independent Director from 2022 to 2023, informed the Company that he has chosen not to stand for re-election and instead retire from the Board effective at the Company's upcoming Annual General Meeting of Stockholders on May 16, 2024. Effective upon Mr. Daerr's retirement, the Board has determined to reduce its size from eight directors to seven directors, six of whom are independent.

Orion Group Holdings, Inc. Announces Retirement of Board Member

Orion Marine (ORN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Orion Marine (ORN) Soars 5.3%: Is Further Upside Left in the Stock?

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ORION CORPORATION STOCK EXCHANGE RELEASE – CHANGES IN COMPANY'S OWN SHARES1 MARCH 2024 at 18.50 EET          Orion Corporation: Transfer of 150,118 own B shares on 1 March 2024 In accordance with a decision by the Board of Directors, Orion Corporation has on 1 March 2024 transferred altogether 150,118 Orion Corporation B shares held by the company as a share reward for earning period 2021–2023 to the persons belonging to the Share-based Incentive Plan of the Orion Group. The transfer is based on the authorisation by the Annual General Meeting of 23 March 2022.

Orion Corporation: Transfer of 150,118 own B shares on 1 March 2024

Orion Group Holdings, Inc. (ORN) Q4 2023 Earnings Call Transcript

HOUSTON, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported its financial results for the fourth quarter and full year ended December 31, 2023.

Orion Group Holdings Reports Fourth Quarter and Full Year 2023 Results

Conference Call to be held Thursday, February 29 at 8:00 a.m. Central Time Conference Call to be held Thursday, February 29 at 8:00 a.m. Central Time

Orion Group Holdings, Inc. to Report Fourth Quarter and Full Year 2023 Financial Results on Wednesday, February 28

ORION CORPORATION STOCK EXCHANGE RELEASE - OTHER INFORMATION DISCLOSED ACCORDING TO THE RULES OF THE EXCHANGE7 FEBRUARY 2024 at 9.30 EEST

119,021 Orion Corporation A shares converted into B shares

HOUSTON, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today announced the rebranding of its subsidiary TAS Concrete Construction (“TAS”) as Orion. This move reflects the Company's strategic initiative to integrate its different service offerings under one banner to leverage Orion's brand reputation and to deliver greater value and seamless execution for its customers.

Orion Group Holdings, Inc. Rebrands TAS Concrete Construction to Orion

Orion Group Holdings has achieved a quarterly gross profit of $19.1 million, a 42.5% increase YoY. The company is focusing on improving profitability and has a high backlog of $920 million, exceeding its FY 2022 revenue. Orion Group is divesting its Central Texas business and focusing on Dallas and Houston, which offer higher revenue potential.

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