Orion Marine Group (ORN) Misses Q4 EPS by 20c

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Go back to Orion Marine Group (ORN) Misses Q4 EPS by 20c

Orion Group Holdings, Inc. Reports Fourth Quarter and Full Year 2021 Results

March 2, 2022 4:05 PM EST

HOUSTON--(BUSINESS WIRE)-- Orion Group Holdings, Inc. (NYSE: ORN) (the Company), a leading specialty construction company, today reported a net loss of $8.8 million ($0.29 diluted loss per share) for the fourth quarter ended December 31, 2021. Fourth quarter highlights are discussed below. For full year results please refer to the financial statements starting on page 7.

Fourth Quarter 2021 Highlights

Operating loss was $8.2 million for the fourth quarter of 2021 compared to operating income of $5.1 million for the fourth quarter of 2020. Net loss was $8.8 million ($0.29 diluted loss per... More