Orion Marine Group (ORN) Misses Q3 EPS by 21c

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Go back to Orion Marine Group (ORN) Misses Q3 EPS by 21c

Orion Group Holdings, Inc. Reports Third Quarter 2021 Results; Significant Increase in Backlog

October 27, 2021 4:23 PM EDT

HOUSTON--(BUSINESS WIRE)-- Orion Group Holdings, Inc. (NYSE: ORN) (the Company), a leading specialty construction company, today reported a net loss of $10.2 million ($0.33 diluted loss per share) for the third quarter ended September 30, 2021.

Third Quarter 2021 Highlights

Operating loss was $8.7 million for the third quarter of 2021 compared to operating income of $13.1 million for the third quarter of 2020. Net loss was $10.2 million ($0.33 diluted loss per share) for the third quarter of 2021 compared to net income of $11.8 million ($0.39 diluted earnings per share) for the third quarter of... More