Orion Marine Group (ORN) Misses Q1 EPS by 5c

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Go back to Orion Marine Group (ORN) Misses Q1 EPS by 5c

Orion Group Holdings, Inc. Reports First Quarter 2022 Results

April 27, 2022 4:05 PM EDT

HOUSTON--(BUSINESS WIRE)-- Orion Group Holdings, Inc. (NYSE: ORN) (the Company), a leading specialty construction company, today reported a net loss of $4.9 million ($0.16 diluted loss per share) for the first quarter ended March 31, 2022. Excluding non-recurring items, adjusted net loss was $3.2 million ($0.10 diluted loss per share).

First Quarter 2022 Highlights

Operating loss was $2.9 million for the first quarter of 2022 compared to operating income of $2.1 million for the first quarter of 2021. Net loss was $4.9 million ($0.16 diluted loss per share) for the first quarter of 2022 compared to... More