Orion Marine Group (ORN) Misses Q1 EPS by 3c

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Go back to Orion Marine Group (ORN) Misses Q1 EPS by 3c

Orion Marine Group, Inc. Reports First Quarter 2016 Results; Sets 2017 EBITDA Goal

May 5, 2016 5:00 AM EDT

HOUSTON, May 05, 2016 (GLOBE NEWSWIRE) -- Orion Marine Group, Inc. (NYSE: ORN) (the Company), a leading construction company, today reported a net loss for the three months ended March 31, 2016, of $1.2 million ($0.04 diluted loss per share).  These results compare to a net loss of $0.3 million ($0.01 diluted earnings per share) for the same period a year ago.

Consolidated Results for the First Quarter of 2016

First quarter 2016 contract revenue was $129.6 million an... More