Welcome to our dedicated page for Orion Group Hldgs news (Ticker: ORN), a resource for investors and traders seeking the latest updates and insights on Orion Group Hldgs stock.
Orion Group Holdings, Inc. (NYSE: ORN) is a specialty construction company with marine and concrete segments serving infrastructure, industrial, and building markets in the continental United States, Alaska, Hawaii, Canada, and the Caribbean Basin. The ORN news feed on this page brings together company-issued updates and market disclosures that highlight how Orion executes its marine construction, dredging, and concrete construction activities.
News items for Orion commonly include announcements of new contract awards across its marine and concrete segments, such as maintenance dredging for the U.S. Army Corps of Engineers, shoreline protection projects, marine transportation facility work, crane trestle installations, and large concrete projects including data centers, manufacturing facilities, healthcare projects, energy-related facilities, and cold storage. These updates provide insight into the company’s contracted backlog and the mix of projects it is pursuing.
Investors and followers of ORN can also expect earnings releases and related communications, where Orion reports contract revenues, gross profit, backlog levels, and non-GAAP measures such as EBITDA and Adjusted EBITDA. The company uses these releases and associated conference calls to discuss operational performance in its marine and concrete segments, backlog trends, and financial guidance.
Additional news coverage includes information about capital structure developments, such as the establishment of a senior credit facility with UMB Bank, as well as governance and leadership updates like board appointments. Orion also reports on its participation in investor and industry conferences, where management presents its strategy, project pipeline, and market opportunities.
By reviewing the ORN news stream, readers can follow Orion Group Holdings’ reported contract wins, segment activity, financial updates, and corporate developments over time.
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 (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.
Orion Group Holdings reported strong Q1 2025 financial results, with contract revenues increasing 17.4% to $188.7 million compared to the previous year. Despite posting a GAAP net loss of $1.4 million ($0.04 per share), this marks a significant improvement from the $6.1 million loss in Q1 2024.
Key highlights include:
- Adjusted EBITDA doubled to $8.2 million
- New contract wins totaling $349 million year-to-date
- Total backlog reached $839.7 million
- Marine segment backlog: $607.4 million
- Concrete segment backlog: $232.3 million
The company secured notable contracts including a $6.3 million environmental project and a $7.5 million dredging project. CEO Travis Boone maintains a positive outlook, reaffirming 2025 guidance with expected revenue between $800-850 million and Adjusted EBITDA of $42-46 million. The company reports strong market demand and remains well-positioned for growth, particularly in defense, shipbuilding, infrastructure, and manufacturing sectors.
Orion Group Holdings (NYSE: ORN) has scheduled its Q1 2025 financial results announcement for Tuesday, April 29, 2025, after market close. The company will host a conference call and webcast the following day, Wednesday, April 30, at 8:00 a.m. Central Time. Investors and analysts can access the live conference call and participate in the subsequent Q&A session. The event will be accessible through the company's investor relations website.
Orion Group Holdings (NYSE: ORN) reported strong Q4 2024 results with contract revenues increasing 7.6% to $216.9 million. The company achieved a GAAP net income of $6.8 million ($0.17 per share), compared to a loss in the prior year. Q4 Adjusted EBITDA rose 15.3% to $17.1 million.
For full-year 2024, revenues grew 11.9% to $796.4 million, with Adjusted EBITDA increasing 75.9% to $41.9 million. The company reported a narrowed annual GAAP net loss of $1.6 million. Contracted backlog, including post-quarter awards, reached $977.3 million.
Looking ahead to 2025, Orion provided guidance of:
- Revenue: $800-850 million
- Adjusted EBITDA: $42-46 million
- Adjusted EPS: $0.11-0.17
- Capital expenditures: $25-35 million
Orion Group Holdings (NYSE: ORN) has secured new contracts worth $211.7 million, comprising $143.5 million in Marine awards and $68.2 million in Concrete awards. The projects are set to commence in 2025 with completion dates through 2026.
Key Marine awards include a $113.7 million contract from Texas Department of Transportation for the State Highway 6 bridge replacement over Lake Waco, and three separate contracts totaling $29.8 million for Port of Houston, Port of Galveston, and a private dredging project. Additionally, Orion received notification for the Deschutes Estuary Restoration project in Washington state (estimated at $350 million, pending funding).
The Concrete segment secured multiple projects including a multi-story development in Houston, a junior high school, industrial warehouses, and food processing building. The company also won a one-million-square-foot data center project in Iowa, marking their 33rd data center project.