Orion Marine Group (ORN) Tops Q4 EPS by 3c, Offers Outlook

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Orion Marine Group, Inc. Reports Fourth Quarter and Full Year 2015 Results

March 10, 2016 5:00 AM EST

HOUSTON, March 10, 2016 (GLOBE NEWSWIRE) -- Orion Marine Group, Inc. (NYSE: ORN) (the Company), a leading specialty construction company, today reported net income for the three months ended December 31, 2015, of $1.4 million ($0.05 diluted earnings per share).  These results compare to net income of $5.3 million ($0.19 diluted earnings per share) for the same period a year ago.  For the full year 2015, Orion Marine Group reported a net loss of $8.1 million ($0.30 diluted loss per share), which compares to the prior full year 2014 net income of $6.9 million ($0.25 diluted earnings per share).

"2015 was a year filled with... More