Orion Marine Group (ORN) Misses Q2 EPS by 4c

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Go back to Orion Marine Group (ORN) Misses Q2 EPS by 4c

Orion Group Holdings, Inc. Reports Second Quarter 2016 Results; Reiterates Full Year 2016 Guidance

August 4, 2016 5:00 AM EDT

HOUSTON, Aug. 04, 2016 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the Company), a leading specialty construction company, today reported a net loss for the three months ended June 30, 2016, of $0.8 million ($0.03 diluted loss per share).  These results compare to a net loss of $1.8 million ($0.07 diluted loss per share) for the same period a year ago.

Consolidated Results for the Second Quarter of 2016

Second quarter 2016 contract revenue was $140.3 million, an increase of 63.0%, as... More