Orion Group Holdings Inc is a construction services firm that specializes in providing a wide range of infrastructure and industrial services
The company focuses on delivering solutions in sectors such as marine construction, environmental services, and commercial construction, among others. With a commitment to safety and sustainability, Orion Group works on various projects that contribute to the development and enhancement of critical infrastructure, including bridges, pipelines, and coastal restoration efforts. The organization leverages a skilled workforce and innovative techniques to meet the specific needs of its clients while adhering to industry standards and regulations.
HOUSTON, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSEORN) (the “Company”, “Orion”), a leading specialty construction company, today announced new Marine and Concrete awards for a total value of approximately $211.7 million. These projects are expected to begin in 2025 with varying completion dates extending through 2026. These awards further reinforce Orion's position as a leader in specialized Marine and Concrete construction.
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Shareholders of Orion would probably like to forget the past six months even happened. The stock dropped 28.9% and now trades at $7.28. This may have investors wondering how to approach the situation.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the construction and maintenance services industry, including Orion (NYSEORN) and its peers.
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HOUSTON, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSEORN) (“Orion” and “Company”), a leading specialty construction and engineering company today announced three contract awards, two in its Marine segment and one in its Concrete segment. Each of these projects is expected to start in 2025 and will be completed within 20 months.
HOUSTON, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSEORN) (the “Company”), a leading specialty construction company, today announced that its management team will participate in the following upcoming conferences:
Dredging and coastal protection company Great Lakes Dredge & Dock (NASDAQGLDD)
will be reporting earnings tomorrow morning. Here’s what investors should know.
Shares of marine infrastructure company Orion (NYSEORN)
jumped 19.5% in the afternoon session after the company reported third quarter results that blew past analysts' EPS expectations. Its EBITDA also outperformed Wall Street's estimates. The performance reflected anticipations of improved momentum in the back half of the year, following key projects, including the Pearl Harbor and Grand Bahama Shipyard Dry Dock. Adding to the positive, the company continued to observe strong demand for its specialty marine and concrete services in both the government and private sector. On the other hand, its revenue missed. Overall, we think this was a strong quarter.
Marine infrastructure company Orion (NYSEORN) missed Wall Street’s revenue expectations in Q3 CY2024, but sales rose 34.5% year on year to $226.7 million. Its GAAP profit of $0.12 per share was 227% above analysts’ consensus estimates.
HOUSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSEORN) (the “Company”), a leading specialty construction company, today reported its financial results for the third quarter ended September 30, 2024.
