Orion Marine Group (ORN) Tops Q4 EPS by 4c, Revenues Miss

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Orion Group Holdings, Inc. Reports Fourth Quarter and Full Year 2020 Results

February 24, 2021 4:43 PM EST

HOUSTON--(BUSINESS WIRE)-- Orion Group Holdings, Inc. (NYSE: ORN) (the Company), a leading specialty construction company, today reported net income of $3.7 million ($0.12 diluted earnings per share) for the fourth quarter ended December 31, 2020. Fourth quarter highlights are discussed below. For full year results please refer to the financial statements starting on page 7.

Fourth Quarter 2020 Highlights

Operating income was $5.1 million for the fourth quarter of 2020 compared to operating income of $2.7 million for the fourth quarter of 2019. Net income was $3.7 million ($0.12 diluted earnings per share) for the fourth quarter... More