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Orion Group Holdings Inc - ORN STOCK NEWS

Welcome to our dedicated news page for Orion Group Holdings (Ticker: ORN), a resource for investors and traders seeking the latest updates and insights on Orion Group Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Orion Group Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Orion Group Holdings's position in the market.

Rhea-AI Summary
Orion Group Holdings, Inc. (ORN) will release its first quarter 2024 financial results on April 24, 2024, followed by a conference call on April 25, 2024. The leading specialty construction company invites analysts and investors to discuss the results and answer questions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.44%
Tags
conferences earnings
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Rhea-AI Summary
Orion Group Holdings, Inc. announced the retirement of Richard L. Daerr, Jr., a long-serving Board member, reducing the Board size to seven directors. Daerr's contributions to governance and growth were acknowledged by the Chairman. The Company's future outlook remains positive.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.27%
Tags
management
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Rhea-AI Summary
Orion Group Holdings, Inc. reports financial results for Q4 and full year 2023, showing contract revenues of $201.6 million and $711.8 million respectively. GAAP net loss for the year was $17.9 million. Adjusted EBITDA improved to $14.8 million for Q4 2023. The company expects continued financial growth in 2024 and beyond due to strategic initiatives and market opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.44%
Tags
Rhea-AI Summary
Orion Group Holdings, Inc. (ORN) has announced a conference call to discuss its financial results for the fourth quarter and full year ended December 31, 2023. The call will take place on February 29, 2024, to provide analysts and investors with an opportunity to ask questions and gain insights into the company's performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.09%
Tags
conferences earnings
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Rhea-AI Summary
Orion Group Holdings, Inc. announced the rebranding of its subsidiary TAS Concrete Construction as Orion, integrating its different service offerings under one banner to leverage its brand reputation and deliver greater value to customers. This move reflects the company's strategic initiative to enhance its presence in the national market and unlock new potential for growth. In addition, the company was awarded $244.2 million in new contracts through the fourth quarter of 2023 and January 2024, including significant projects in Texas and Louisiana.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.04%
Tags
none
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Rhea-AI Summary
Orion Group Holdings, Inc. (NYSE: ORN) CEO and CFO to participate in NobleCon 19 Emerging Growth Equity Conference at Florida Atlantic University
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.04%
Tags
conferences acquisition
Rhea-AI Summary
Orion Group Holdings, a leading specialty construction company, appointed Edward Chipman Earle as Executive Vice President, General Counsel, Chief Administrative Officer, Chief Compliance Officer, and Corporate Secretary, effective November 27th. Mr. Earle brings over 20 years of experience in worldwide legal, compliance, and risk management. He joins Orion from Newpark Resources, Inc., with previous executive roles at Transocean and Bristow Group.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.7%
Tags
none
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Rhea-AI Summary
Orion Group Holdings reports Q3 financial results with contract revenues of $168.5 million, net loss of $0.7 million, and adjusted net income of $0.8 million. Backlog stands at $878 million. The company has won several prestigious projects, including a $435 million contract with the US Navy and a $100 million contract with Grand Bahama Shipyard.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.83%
Tags
-
Rhea-AI Summary
Orion Group Holdings announces significant contract award valued at over $100 million for its Marine and Engineering business
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.94%
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none
Rhea-AI Summary
Orion Group Holdings receives Company Award for Leadership in Safety
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.35%
Tags
none
Orion Group Holdings Inc

NYSE:ORN

ORN Rankings

ORN Stock Data

261.16M
29.01M
8.42%
68.48%
1.39%
Inland Water Freight Transportation
Transportation and Warehousing
Link
US
Houston

About ORN

orion group holdings, inc., a leading specialty construction company, provides services both on and off the water in the continental united states, alaska, canada and the caribbean basin through its heavy civil marine construction segment and its commercial concrete segment. the company’s heavy civil marine construction segment services includes marine transportation facility construction, marine pipeline construction, marine environmental structures, dredging of waterways, channels and ports, environmental dredging, design, and specialty services. its commercial concrete segment provides turnkey concrete construction services including pour and finish, dirt work, layout, forming, rebar, and mesh across the light commercial, structural and other associated business areas. the company is headquartered in houston, texas with regional offices throughout its operating areas.