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Orion Group Q4 2022 Earnings Report

Orion Group logo
$7.68 +0.05 (+0.66%)
(As of 12/20/2024 05:16 PM ET)

Orion Group EPS Results

Actual EPS
-$0.12
Consensus EPS
$0.02
Beat/Miss
Missed by -$0.14
One Year Ago EPS
N/A

Orion Group Revenue Results

Actual Revenue
$196.20 million
Expected Revenue
$168.63 million
Beat/Miss
Beat by +$27.57 million
YoY Revenue Growth
N/A

Orion Group Announcement Details

Quarter
Q4 2022
Time
N/A

Conference Call Resources

Conference Call Audio

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Orion Group Earnings Headlines

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142,701 Orion Corporation A shares converted into B shares
Craig-Hallum Issues a Buy Rating on Orion Group Holdings (ORN)
Orion Group awarded three contracts for $111M
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About Orion Group

Orion Group (NYSE:ORN) operates as a specialty construction company in the building, industrial, and infrastructure sectors in the United States, Alaska, Hawaii, Canada, and the Caribbean Basin. It operates in two segments, Marine and Concrete. The company provides marine construction services, including construction, restoration, dredging, maintenance, and repair of marine transportation facilities and pipelines, bridges and causeways, and marine environmental structures. Its marine transportation facility projects comprise cruise ship port facilities, private terminals, special-use navy terminals, recreational use marinas and docks, and other marine-based facilities, as well as building or rehabilitating public port facilities for container ship loading and unloading. The company also offers on-going maintenance and repair, inspection, emergency repair, and demolition and salvage services. Its marine pipeline service projects include the installation and removal of underwater buried pipeline transmission lines; the installation of pipeline intakes and outfalls for industrial facilities; the construction of pipeline outfalls for wastewater and industrial discharges; river crossing and directional drilling; the creation of hot taps and tie-ins; and inspection, maintenance, and repair services. The company's bridge and causeway projects include the construction, repair, and maintenance of overwater bridges and causeways, as well as the develops fendering systems in marine environments. The company also provides specialty services, such as design, salvage, demolition, surveying, towing, diving and underwater inspection, excavation, and repair services. In addition, it offers elevated concrete pouring for columns, elevated beams, and structural walls; and light commercial services comprising slabs, sidewalks, ramps, and tilt walls. The company was founded in 1994 and is headquartered in Houston, Texas.

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