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CEMATRIX Announces $6.9 Million in New Contract Awards
Globenewswire· 2025-12-15 22:01
CALGARY, Alberta, Dec. 15, 2025 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSX: CEMX) (OTCQB: CTXXF) ("CEMATRIX" or the "Company"), a specialty construction contractor that produces cellular concrete solutions on site and is a leading manufacturer and supplier of cellular concrete in North America announces that it has won $6.9 million in new contract awards. New Contract Award Details: The awards are in the form of contracts and contracts in process. Most of the work related to these awards will be complete ...
CEMATRIX Announces $6.9 Million in New Contract Awards
Globenewswire· 2025-12-15 22:01
$50.5 Million in New Contract Awards for the yearCALGARY, Alberta, Dec. 15, 2025 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSX: CEMX) (OTCQB: CTXXF) ("CEMATRIX" or the "Company"), a specialty construction contractor that produces cellular concrete solutions on site and is a leading manufacturer and supplier of cellular concrete in North America announces that it has won $6.9 million in new contract awards. New Contract Award Details: The awards are in the form of contracts and contracts in process. Most of ...
Orion Group Holdings to Participate in the Roth Capital Partners 14th Annual Deer Valley Event
Globenewswire· 2025-12-08 21:10
Group 1 - Orion Group Holdings, Inc. is a leading specialty construction company focused on infrastructure, industrial, and building sectors [2] - The company provides services both on and off the water across the continental United States, Alaska, Hawaii, Canada, and the Caribbean Basin [2] - Orion's marine segment offers construction and dredging services related to marine transportation facilities, marine pipeline construction, and environmental structures [2] - The concrete segment delivers turnkey concrete construction services, including site preparation, layout, forming, and rebar placement for large commercial projects [2] - The company is headquartered in Houston, Texas, with regional offices throughout its operating areas [2] Group 2 - Orion management will participate in the Roth Capital Partners 14th Annual Deer Valley Event, engaging in one-on-one meetings on December 11, 2025 [1]
Orion Group Holdings Announces Conference Participation
Globenewswire· 2025-11-06 21:05
Core Points - Orion Group Holdings, Inc. is a leading specialty construction company that operates in the infrastructure, industrial, and building sectors, providing services both on and off the water across various regions including the continental United States, Alaska, Hawaii, Canada, and the Caribbean Basin [2] Group 1 - Orion will participate in the Craig-Hallum 16th Annual Alpha Select Investor Conference on November 18, 2025, in New York City [1] - The company offers services through its marine segment, which includes construction and dredging services related to marine transportation facilities, marine pipeline construction, and environmental structures [2] - The concrete segment of the company provides turnkey concrete construction services, including site preparation, layout, forming, and rebar placement for large commercial and structural projects [2]
CEMATRIX Announces 2025 Third Quarter Financial Results
Globenewswire· 2025-11-05 22:05
Core Insights - CEMATRIX Corporation reported a record year-to-date adjusted EBITDA of $5.9 million, surpassing its previous full-year record of $4.9 million from 2023 with one quarter remaining [3][4] Financial Performance - Revenue for the third quarter was $15.3 million, a 51% increase from $10.1 million in the same quarter last year [2][5] - Year-to-date revenue reached $32.6 million, reflecting a 30% increase compared to $25.0 million last year [2][5] - Adjusted EBITDA for the quarter was $3.5 million, a 150% increase from $1.4 million in the previous year [2][5] - Year-to-date adjusted EBITDA increased to $5.9 million, a 228% rise from $1.8 million last year [2][5] Cash Flow and Investments - Cash flow from operating activities for the quarter was $3.2 million, up 146% from $1.3 million last year [4][5] - Year-to-date cash flow from operations was $5.6 million, a 229% increase from $1.7 million last year [4][5] - The company ended the quarter with a cash position of $9.9 million [4] Business Highlights - CEMATRIX announced the start of a project in North Carolina and secured new contracts worth $5.1 million and $11.9 million on July 21 and September 15, 2025, respectively [6]
CEMATRIX To Report Third Quarter 2025 Results on November 5, 2025
Globenewswire· 2025-10-29 21:05
Core Viewpoint - CEMATRIX Corporation will release its third quarter financial results for the period ending September 30, 2025, after market close on November 5, 2025, followed by a webinar to discuss these results on November 6, 2025 [1][2]. Company Overview - CEMATRIX is a specialty construction contractor that produces cellular concrete solutions on site, recognized as a leading manufacturer and supplier of cellular concrete in North America [1][3]. - The company offers cost-effective and innovative solutions to geotechnical construction challenges through its cellular concrete, which is a flowable, self-leveling, cement-based material with insulating properties [3]. Applications of Cellular Concrete - Cellular concrete is utilized in various applications including lightweight engineered fill, MSE & retaining wall fill, lightweight insulating road subbase, flowable self-compacting fill, pipe & culvert abandonments, tunnel & annular grout, tunnel & shaft backfills, underwater/tremie fills, and shallow utility & foundation insulation [4]. Financial Health - CEMATRIX is characterized as an early-stage growth company with significant revenue, positive EBITDA, positive cash flow from operations, and a healthy balance sheet [5].
Orion Group Holdings Reports Third Quarter 2025 Results and Increases Fiscal Year 2025 Guidance
Globenewswire· 2025-10-28 20:17
Core Insights - Orion Group Holdings, Inc. reported strong financial results for Q3 2025, with a focus on revenue growth, cash generation, and strategic advancements [2][3][5] Financial Performance - Revenue for Q3 2025 was $225.1 million, slightly down from $226.7 million in Q3 2024 but up 10% sequentially from $205.3 million in Q2 2025 [4][7] - GAAP Net Income was $3.3 million, or $0.08 per diluted share, compared to $4.3 million, or $0.12 per diluted share in Q3 2024 [9] - Adjusted EBITDA for Q3 2025 was $13.1 million, down from $15.2 million in Q3 2024 but up 19% from $11.0 million in Q2 2025 [10] - Gross profit increased to $29.8 million, up 10% from $27.1 million in Q3 2024 [8] Operational Highlights - The company generated robust cash flow from operations of $23 million and free cash flow of $14 million, attributed to effective working capital management [5] - Booked awards and change orders totaled $160 million in the quarter, indicating strong demand [5] - The company expanded its bonding capacity by $400 million, enhancing its ability to bid on larger projects [14] Guidance and Outlook - Orion raised its full-year 2025 guidance for revenue to a range of $825 million to $860 million, adjusted EBITDA to $44 million to $46 million, and adjusted EPS to $0.18 to $0.22 [6] - The favorable outlook is supported by growing tailwinds in AI investment, reshoring manufacturing, marine infrastructure investment, and defense expansion [3] Backlog and Market Position - As of September 30, 2025, the total backlog was $679 million, with significant contributions from both Marine and Concrete segments [11] - Recent awards included projects for the U.S. Army Corps of Engineers and various commercial facilities, showcasing the company's diverse project portfolio [11] Balance Sheet and Cash Flow - Current assets as of September 30, 2025, were $269.7 million, with total debt outstanding at $23.6 million [12] - The company closed the sale of its East and West Jones property for $23.5 million, with proceeds expected to reduce debt and support corporate purposes [15]
Orion Group Holdings to Report Third Quarter 2025 Financial Results on Tuesday, October 28, 2025
Globenewswire· 2025-10-16 20:05
Core Points - Orion Group Holdings, Inc. will release its third quarter 2025 financial results on October 28, 2025, after market close [1] - A conference call for analysts and investors is scheduled for October 29, 2025, at 9:00 a.m. Eastern Time to discuss the results [2] Company Overview - Orion Group Holdings, Inc. is a leading specialty construction company serving infrastructure, industrial, and building sectors in the continental United States, Alaska, Hawaii, Canada, and the Caribbean Basin [3] - The company operates through two main segments: marine and concrete, providing a range of construction services including marine transportation facility construction, dredging, and turnkey concrete construction services [3]
Orion Group Holdings Announces the Appointment of Robert Ledford to its Board of Directors
Globenewswire· 2025-09-29 12:57
Core Points - Orion Group Holdings, Inc. has appointed Robert Ledford to its Board of Directors, effective November 19, 2025, expanding the board to eight directors [1][6] - Ledford brings over 35 years of leadership experience in construction and engineering, with a strong track record in driving strategic growth and delivering financial results [2][4] - His current role as President and CEO of Prime Electric showcases his ability to oversee significant expansion and profitability [3] - Ledford's previous experience includes senior leadership roles at AECOM, where he was responsible for multi-billion-dollar P&Ls and project delivery excellence [4][5] Company Overview - Orion Group Holdings is a leading specialty construction company serving infrastructure, industrial, and building sectors across the continental United States, Alaska, Hawaii, Canada, and the Caribbean Basin [7] - The company operates through its marine segment, providing construction and dredging services, and its concrete segment, offering turnkey concrete construction services [7]
CEMATRIX to Host Investor Webcast on September 25, 2025
Globenewswire· 2025-09-17 21:02
Core Viewpoint - CEMATRIX Corporation, a leading manufacturer and supplier of cellular concrete in North America, will host a webcast investor presentation on September 25, 2025, to discuss key areas of its business and engage with investors [1][2]. Company Overview - CEMATRIX is a specialty construction contractor that produces cellular concrete solutions on site, which is a flowable, self-leveling, cement-based material with insulating properties [3]. - The company provides innovative and cost-effective solutions for various geotechnical construction challenges [3]. Applications of Cellular Concrete - Cellular concrete has diverse applications including lightweight engineered fill, MSE & retaining wall fill, lightweight insulating road subbase, flowable self-compacting fill, pipe & culvert abandonments, tunnel & annular grout, tunnel & shaft backfills, underwater/tremie fills, and shallow utility & foundation insulation [4]. Financial Health - CEMATRIX is characterized as an early-stage growth company with significant revenue, positive EBITDA, positive cash flow from operations, and a healthy balance sheet [5]. - The company operates through wholly owned subsidiaries including CEMATRIX (Canada) Inc., MixOnSite USA Inc., and Pacific International Grout Company [5].