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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. Read More 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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Seeking AlphaMay 16
Orion Group secures a contract award worth ~$13M
Orion Group (ORN) announces a contract award of ~$13M. Orion’s concrete segment, TAS Commercial Concrete Construction was awarded a contract for a 745,000 square foot residential tower in Houston, Texas.
Seeking AlphaMay 12
Orion Group Holdings, Inc. CEO Mark Stauffer on Q1 2019 Results - Earnings Call Transcript
Orion Group Holdings, Inc. (NYSE:ORN) Q1 2019 Earnings Conference Call May 9, 2019 10:00 AM ET Company Participants Shane Martin - IR Mark Stauffer - President, CEO & Director Robert Tabb - CFO, VP & Treasure Conference Call Participants Jonathan Tanwanteng - CJS Securities Marco Rodriguez - Stonegate Capital Markets Alexander Rygiel - B. Riley FBR, Inc. Operator Good day, ladies and gentlemen. Welcome to the First Quarter 2019 Orion Group Holding Earnings Conference Call. [Operator Instructions]....
Seeking AlphaMay 9
Orion Group Holdings -3.4% post Q1 results
Orion Group (ORN -3.4% ) reported Q1 revenue growth of 4.6% Y/Y to $143.11M. Segment revenues: Marine $61.5M (-2.1% Y/Y) and Concrete $81.6M (+10.3% Y/Y). Gross margin declined 450 bps to 7.1%. Operating loss was $6.1M compared to income of $7.1M Y/Y. Adj. EBITDA declined by 950 bps to 0.6%. SG&A expenses were $16.8M, an increase of 12% Y/Y. Backlog of work under contract as of March 31, 2019 was $411M (+15.8% Y/Y). The Company has $1.1B worth of bids outstanding, including ~$86M on which it is the a...
Expected Aug 1, Pre-Market