Orion Group Hldgs Inc Stock Price, News & Analysis

Orion Group Holdings (NYSE: ORN) reported third-quarter 2025 results for the period ended September 30, 2025: Revenue $225.1M, GAAP net income $3.3M, Adjusted EBITDA $13.1M, and Adjusted EPS $0.09. Operational cash flow was $23M with free cash flow $14M. Backlog stood at $679M and the company booked ~$160M of awards/change orders in the quarter. Post-quarter actions include a $23.5M property sale and a $400M increase in bonding capacity. Management raised full-year 2025 guidance: revenue to $825M–$860M, adjusted EBITDA to $44M–$46M, and adjusted EPS to $0.18–$0.22.

Orion Group Holdings (NYSE: ORN) said it will release third quarter 2025 financial results after market close on Tuesday, October 28, 2025. The company will host a conference call and audio webcast for analysts and investors on Wednesday, October 29, 2025 at 9:00 a.m. ET / 8:00 a.m. CT to discuss results and answer questions. Dial-in for the live call is 844-481-2994. A live and archived webcast will be available on the company’s investor relations website.

Orion Group Holdings (NYSE: ORN) has appointed Robert (Bob) Ledford to its Board of Directors, effective November 19, 2025. Ledford, 61, brings over 35 years of leadership experience in construction and engineering across international markets.

Currently serving as President and CEO of Prime Electric, Ledford has previously held key positions at AECOM, including COO of Europe, Middle East and Asia, and COO of design and consulting in the Americas. His experience includes executive roles at Parsons and CFO positions at Sasco Electric and Hermanson Corporation.

With Ledford's appointment, Orion's Board will expand to eight Directors. He will be eligible for election as a Class I Director for a three-year term at the 2026 annual general meeting.

Orion Group Holdings (NYSE:ORN) has secured new contract awards totaling over $120 million, split evenly between its Marine and Concrete segments. The Marine segment wins include maintenance dredging for the U.S. Army Corp of Engineers, marine transportation facility repairs, and crane trestle installation. The Concrete segment secured contracts for multiple data centers, manufacturing, and healthcare projects.

Additionally, the company will participate in D.A. Davidson's 24th Annual Diversified Industrials & Services Conference on September 18-19, 2025, in Nashville, with CEO Travis Boone presenting in a fireside chat on September 18 at 3:30 p.m. Central Time.

Orion Group Holdings (NYSE:ORN) reported strong Q2 2025 financial results, with revenue growing 7% to $205.3 million and GAAP Net Income improving by $7.4 million to $0.8 million. The company's Adjusted EBITDA doubled to $11 million with margins increasing 240 bps to 5.3%.

The company maintains a robust contracted backlog of $750 million, supported by over $450 million in new contract wins during 1H'25. Both Marine and Concrete segments showed strong performance, with an expanding opportunity pipeline growing from $16 billion to $18 billion. Management reaffirmed its FY2025 guidance, projecting revenue of $800-850 million and Adjusted EBITDA of $42-46 million.

Orion Group Holdings (NYSE: ORN), a specialty construction company, has scheduled its second quarter 2025 financial results announcement for Tuesday, July 29, 2025, after market close. The company will host a conference call and webcast with analysts and investors on Wednesday, July 30, 2025, at 8:00 a.m. Central Time to discuss the results and address questions.

Interested parties can access the live conference call at 844-481-2994 or join via webcast through the company's investor relations website.

Orion Group Holdings has secured new contracts worth $100 million across its Marine and Concrete divisions. The Marine segment won $67 million in contracts, including the Longview Export Dock Replacement project for Weyerhaeuser and two projects with Port Tampa Bay involving maintenance dredging and the Port Redwing Berth 301 Wharf project. The Concrete division secured $33 million in new awards, including a data center project in Iowa, Harris County Sheriff's Office Complex in Houston, and a U.S. Foods cold storage facility foundation. Additionally, CEO Travis Boone was named a finalist for the EY Entrepreneur of The Year 2025 Gulf South Award, while General Counsel Chip Earle received the Lexology North America Award for construction industry counsel.

Orion Group Holdings (NYSE: ORN) announced a CFO transition, with Scott Thanisch departing and Alison Vasquez joining as Executive Vice President, CFO and Treasurer effective June 23, 2025. Vasquez brings over 25 years of public company experience, previously serving as Senior VP and Chief Accounting Officer at KBR, where she led a 350-person financial team. The company reiterated its 2025 guidance, projecting revenue of $800-850 million and Adjusted EBITDA of $42-46 million. Vasquez's extensive background includes roles at Energy Transfer LP, Noble Corporation, and major accounting firms. The transition period will extend until July 1, with Thanisch remaining in an advisory position to ensure smooth handover.

Orion Group Holdings (NYSE: ORN), a specialty construction company, has announced a dual listing of its common stock on the newly launched NYSE Texas exchange in Dallas. The company will maintain its primary listing on the New York Stock Exchange while trading under the same "ORN" ticker symbol on NYSE Texas.

As one of the founding members of NYSE Texas, Orion emphasizes its 40-year history in Texas and alignment with the exchange's focus on pro-growth values, transparency, and investor accessibility. The company's CEO Travis Boone highlighted Orion's deep Texas roots and commitment to the state's economic growth.