Orion (ORN)
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Orion Stock Gains on $211.7M Marine & Concrete Contract Wins
ZACKS· 2025-02-11 15:40
Orion Group Holdings, Inc. (ORN) has secured new contracts worth approximately $211.7 million. The awards include $143.5 million for Marine projects and $68.2 million for Concrete projects. These projects are set to begin in 2025, with completion expected by 2026.The total value does not include Orion’s portion of the Deschutes Estuary Restoration project in Washington or a one-million-square-foot data center in Iowa. The new contracts further strengthen Orion’s presence in the industry.Shares of this leadi ...
Orion Reports Improved Q3'25 Gross Margin of 29.4% (+490 bps), Reduced Net Loss, Break-even Adjusted EBITDA and Improved Cash and Liquidity on Revenue of $19.6M; Reduces FY 2025 Revenue Outlook
GlobeNewswire News Room· 2025-02-11 12:27
MANITOWOC, Wis., Feb. 11, 2025 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc.(NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations and maintenance services solutions, today reported results for its fiscal 2025 third quarter (Q3’25) and nine months (YTD’25) ended December 31, 2024 and updated its FY 2025 revenue outlook to $77M to $83M. Orion will hold an investor call today at 10:00 a.m. ET – details below. Q3 Financial Summary Prior Three Quar ...
Orion Group Holdings Awarded $211.7 Million in New Contracts
Newsfilter· 2025-02-10 12:00
$143.5 million in Marine awards$68.2 million in Concrete awardsNot included in the $211.7 million total is Orion's portion of the Deschutes Estuary Restoration project in Washington state and a one million square foot data center in Iowa HOUSTON, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE:ORN) (the "Company", "Orion"), a leading specialty construction company, today announced new Marine and Concrete awards for a total value of approximately $211.7 million. These projects are expected ...
HEALWELL Receives Regulatory Approval from Overseas Investment Office of New Zealand to Acquire Orion Health
Newsfile· 2025-02-10 08:15
HEALWELL Receives Regulatory Approval from Overseas Investment Office of New Zealand to Acquire Orion HealthFebruary 10, 2025 3:15 AM EST | Source: HEALWELL AIHEALWELL receives consent from the Overseas Investment Office of New Zealand (the "OIO") for HEALWELL to acquire all of the shares (the "Orion Shares") of Orion Health Holdings Limited ("Orion Health"), as contemplated in the previously disclosed share purchase agreement dated December 16, 2024. Orion Health is a leader in global healthc ...
Orion Inks Agreement With Contec S.A. for Supply of TPO
ZACKS· 2025-02-07 14:30
Orion S.A. (OEC) entered into a long-term supply pact with Contec S.A., which will provide it tire pyrolysis oil (“TPO”) to produce circular carbon black for tire and rubber goods. This agreement with Warsaw, Poland-based Contec allows Orian to diversify its sources of TPO.TPO-based manufacturing uses circular technology to convert discarded end-of-life tires to a feedstock for Orion to produce virgin carbon black. This technology is being used in industrial production to produce high-quality active carbon ...
Orion Group Holdings to Report Fourth Quarter and Full Year 2024 Financial Results on Tuesday, March 4
Newsfilter· 2025-02-07 12:00
HOUSTON, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE:ORN) ("Orion", "Company"), a leading specialty construction company, today announced that it will issue its fourth quarter and full year 2024 financial results after the close of the stock market on Tuesday, March 4, 2025. A conference call and audio webcast with analysts and investors will be held the next day, Wednesday, March 5, at 9:00 a.m. Eastern Time/8:00 a.m. Central Time to discuss the results and answer questions. About Or ...
Orion S.A.: A Strong Bull Case And A History Of Disappointment
Seeking Alpha· 2025-02-05 22:05
I've been contributing to Seeking Alpha and other investment websites since 2011, with a general (though far from rigid) focus on value over growth. I got my Series 7 and 63 back in 1999, and watched the dot-com bubble peak and then burst in real time at a small, tech-focused retail brokerage in NYC.Analyst’s Disclosure: I/we have a beneficial long position in the shares of OEC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am ...
HEALWELL Provides Corporate Update Including Strategic Cost Optimization Initiative to Streamline Operations and Pursue M&A Efficiencies
Newsfile· 2025-02-03 08:15
HEALWELL Provides Corporate Update Including Strategic Cost Optimization Initiative to Streamline Operations and Pursue M&A EfficienciesFebruary 03, 2025 3:15 AM EST | Source: HEALWELL AIHEALWELL expects to achieve at least $3.0 million in annual cost savings through a strategic cost optimization initiative. HEALWELL is focussed on aligning its operations ahead of the anticipated closing of its previously announced acquisition of New Zealand based Orion Health ("Orion") to optimize synergies a ...
Orion Marine (ORN) Surges 6.4%: Is This an Indication of Further Gains?
ZACKS· 2025-01-30 15:35
Orion Marine Group (ORN) shares ended the last trading session 6.4% higher at $7.98. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 2.3% gain over the past four weeks.This specialty construction company is thriving on strong demand for its marine and concrete services, driven by both government and private sector investments. Furthermore, its solid relationships with key contractors have led to an increase in cont ...
Orion Stock Climbs 23% in 3 Months: Will the Trend Continue?
ZACKS· 2025-01-17 17:41
Orion Group Holdings, Inc. (ORN) has gained 23.4% in the past three months, outperforming the Zacks Building Products - Heavy Construction industry, the Zacks Construction sector and the S&P 500 Index. The detailed price performance is shown in the chart below.Image Source: Zacks Investment ResearchThis specialty construction company benefits from increasing market demand for its specialty marine and concrete services, thanks to government and private sector funding. Moreover, strong relationships with its ...