UPDATE: Orion Marine Group (ORN) Tops Q2 EPS by 3c (CORRECTION)

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Go back to UPDATE: Orion Marine Group (ORN) Tops Q2 EPS by 3c (CORRECTION)

Orion Group Holdings, Inc. Reports Second Quarter 2022 Results

July 27, 2022 4:15 PM EDT

HOUSTON, July 27, 2022 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the Company), a leading specialty construction company, today reported a net loss of $3.1 million ($0.10 diluted loss per share) for the second quarter ended June 30, 2022. Excluding non-recurring items, adjusted net loss was $0.9 million ($0.03 diluted loss per share).

Second Quarter 2022 Highlights

Operating loss was $2.8 million for the second quarter of 2022 compared to operating income of $5.6 million for the second quarter of 2021.Net loss was $3.1... More