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Orion Group Holdings Reports Second Quarter 2024 Results
ORNOrion (ORN) 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 192.2millionGAAPnetlossof192.2 million GAAP net loss of 6.6 million or 0.20perdilutedshareAdjustednetlossof0.20 per diluted share Adjusted net loss of 5.2 million or 0.16perdilutedshareAdjustedEBITDAof0.16 per diluted share Adjusted EBITDA of 5.5 million Backlog and contracts awarded subsequent to quarter end totaled $876.3 million Management Commentary "Our ...