Orion (ORN)
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LED Lighting and EV Charging Solutions Provider Orion to Present at Sidoti Virtual Microcap Conf. Wednesday, August 14th at 12:15pm ET
GlobeNewswire News Room· 2024-08-08 12:27
MANITOWOC. Wis., Aug. 08, 2024 (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, will participate in the virtual Sidoti Microcap Conference Wednesday, August 14th. CEO Mike Jenkins and CFO Per Brodin will provide an overview presentation and answer investor questions, Wednesday, August 14th at 12:15pm ET, and will be available for virtual investor meetings t ...
Orion's Q1'25 Revenue Rose 13% vs Q1'24 to $19.9M Driven by Strength in EV Charging Projects; Maintains FY 2025 Revenue Growth Target of 10-15%
GlobeNewswire News Room· 2024-08-07 11:29
MANITOWOC, Wisc., Aug. 07, 2024 (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 first quarter (Q1'25) ended June 30, 2024. Orion will hold an investor call today at 10:00 a.m. ET – details below. Orion is maintaining its revenue growth outlook of 10-15% which is expected to be more weighted to the second half of fi ...
Orion (ORN) - 2024 Q2 - Quarterly Report
2024-07-26 21:27
8. Accrued Liabilities On May 15, 2023, the Company entered into a new Credit Agreement with White Oak ABL, LLC and White Oak Commercial Finance, LLC which includes a $65.0 million asset based revolving credit facility and a $38.0 million fixed asset term loan (the "Credit Agreement"). The Company incurred debt issuance costs related to the Credit Agreement of $5.9 million, which will be amortized over the life of the agreement under the effective interest method. The Credit Agreement has a maturity date of ...
Orion (ORN) - 2024 Q2 - Earnings Call Transcript
2024-07-25 17:47
We have minimum bid margins that we hold steady on and then different projects, there's different margins. Generally speaking, our data center projects provide good margins at the end of the job, and we've been able to perform them very well. Travis Boone Okay. Thank you. David Storms Morning David. Scott Thanisch Understood. That's very helpful. And then just on the SG&A expenses, it sounded like a couple, a little bit of increase year-over-year, maybe onetime in nature. But Scott, I know you mentioned the ...
Orion Marine (ORN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-07-25 00:06
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Orion Marine Group (ORN) reported $192.17 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 5.3%. EPS of -$0.16 for the same period compares to -$0.14 a year ago. Since these metrics play ...
Orion Marine Group (ORN) Reports Q2 Loss, Misses Revenue Estimates
ZACKS· 2024-07-24 23:40
Orion Marine Group (ORN) came out with a quarterly loss of $0.16 per share versus the Zacks Consensus Estimate of $0.03. This compares to loss of $0.14 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -633.33%. A quarter ago, it was expected that this heavy civil marine contractor would post a loss of $0.18 per share when it actually produced a loss of $0.12, delivering a surprise of 33.33%. Over the last four quarters, the com ...
Orion (ORN) - 2024 Q2 - Quarterly Results
2024-07-24 21:37
HOUSTON – July 24, 2024 – Orion Group Holdings, Inc. (NYSE: ORN) (the "Company"), a leading specialty construction company, today reported its financial results for the second quarter ended June 30, 2024. Highlights for the quarter ended June 30, 2024: ● Contract revenues of $192.2 million ● GAAP net loss of $6.6 million or $0.20 per diluted share ● Adjusted net loss of $5.2 million or $0.16 per diluted share ● Adjusted EBITDA of $5.5 million ● Backlog and contracts awarded subsequent to quarter end totaled ...
Orion Group Holdings Reports Second Quarter 2024 Results
Newsfilter· 2024-07-24 21:26
HOUSTON, July 24, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE:ORN) (the "Company"), a leading specialty construction company, today reported its financial results for the second quarter ended June 30, 2024. Contract revenues of $192.2 million GAAP net loss of $6.6 million or $0.20 per diluted share Adjusted net loss of $5.2 million or $0.16 per diluted share Adjusted EBITDA of $5.5 million Backlog and contracts awarded subsequent to quarter end totaled $876.3 million Management Commentary "Our ...
Orion Group Holdings, Inc. to Report Second Quarter 2024 Financial Results on Wednesday, July 24
Newsfilter· 2024-07-08 11:00
HOUSTON, July 08, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) ("Orion", "Company"), a leading specialty construction company, today announced that it will issue its second quarter 2024 financial results after the close of the stock market on Wednesday, July 24, 2024. A conference call and audio webcast with analysts and investors will be held the next day, Thursday, July 25, at 9:00 a.m. Eastern Time/8:00 a.m. Central Time to discuss the results and answer questions. About Orion Group Ho ...
Orion Group Holdings, Inc. to Report Second Quarter 2024 Financial Results on Wednesday, July 24
GlobeNewswire News Room· 2024-07-08 11:00
HOUSTON, July 08, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) ("Orion", "Company"), a leading specialty construction company, today announced that it will issue its second quarter 2024 financial results after the close of the stock market on Wednesday, July 24, 2024. A conference call and audio webcast with analysts and investors will be held the next day, Thursday, July 25, at 9:00 a.m. Eastern Time/8:00 a.m. Central Time to discuss the results and answer questions. About Orion Group Ho ...