Search results for: Orion Group

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A list of search results

  • 17 July 2019
    Business & Finance, Project & Tenders

    Orion Group Holdings, Inc. (ORN) announced yesterday it has won a contract worth up to $52 million for dredging services in Texas. As ORN reported, the company’s Marine segment has been awarded the $52 million dredging contract for the South Texas Gateway Terminal project under development in Ingleside, TX. The facility will be constructed on […]

  • 27 February 2020
    Business & Finance

    Orion Group Holdings, Inc. has reported a net income of $0.2 million ($0.01 diluted earnings per share) for the fourth quarter ended December 31, 2019. “Our fourth quarter was a solid finish to a year of significant progress for Orion,” stated Mark Stauffer, Orion Group Holding’s President and Chief Executive Officer. “We doubled the top-line compared […]

  • 2 August 2018
    Business & Finance

    Orion Group Holdings, Inc. has just reported net income of $2.2 million for the three months ended June 30, 2018. These results compare to net loss of $2.3 million for the same period a year ago. “We are pleased with our results for the second quarter,” said Mark Stauffer, Orion Group Holding’s President and Chief Executive Officer. “Our Marine segment performed […]

  • 31 July 2020
    Business & Finance

    Orion Group Holdings, Inc. (ORN) yesterday reported net income of $2.0 million ($0.07 diluted earnings per share) for the second quarter ended June 30, 2020. “Once again, I would like to thank all of our employees and team members for continuing to safely and diligently work on our projects and in our yards, shops and […]

  • 18 October 2018
    Business & Finance

    Orion Group Holdings, Inc. (ORN) today announced preliminary results for the quarter ended September 30, 2018. According to ORN, during the third quarter 2018, the company experienced unanticipated delays in commencing certain work due to customer schedules. The company also experienced significant production delays in its concrete segment, primarily due to continuous rain throughout its market areas […]

  • 8 March 2018
    Business & Finance

    Orion Group Holdings today reported net income of $9.5 million ($0.34 diluted earnings per share) for the three months ended December 31, 2017.  These results compare to net loss of $6.3 million, ($0.23 diluted loss per share) for the same period a year ago. Excluding net benefits of $4.3 million related to the implementation of the Tax Cuts and Jobs Act of 2017 […]

  • 8 November 2017
    Business & Finance

    Orion Group Holdings, Inc. (ORN) today reported a net loss for the three months ended September 30, 2017, of $5 million. These results compare to net income of $4.7 million for the same period a year ago. During the three months ended September 30, 2017, the company experienced unprecedented weather impacts, including three major hurricanes – Hurricane Harvey, Hurricane Irma […]

  • 12 September 2016
    Business & Finance

    Orion Group Holdings, Inc., a Houston based construction company, has announced that their heavy civil marine construction segment, Orion Marine Group, was recently awarded a $25.6 million contract by the Naval Facilities Engineering Command of Silverdale, Washington. The project, to be undertaken together with Watts Constructors, entails constructing a pile-supported approach trestle and pier for the P-993 Transit Protection […]

  • 29 November 2016
    Business & Finance

    Orion Group Holdings, Inc. a Houston based construction company, yesterday announced a contract award of approximately $80 million. Orion Marine Group, the company’s Heavy Civil Marine Construction segment, was recently awarded a contract for a project along the Gulf Coast of Texas for a private sector client in the downstream energy business. The project entails dock […]

  • 30 April 2020
    Business & Finance

    Orion Group Holdings, Inc. (ORN) yesterday reported net income of $2.7 million ($0.09 diluted earnings per share) for the first quarter ended March 31, 2020. “I want to sincerely thank our team members who are safely working at our project sites, yards, field support offices, and remote locations around the nation and outside the country. […]

  • 31 October 2019
    Business & Finance

    Orion Group Holdings, Inc. (ORN) has reported a net income of $4.0 million ($0.14 diluted earnings per share) for the third quarter ended September 30, 2019. “For the third quarter, we posted our highest quarterly revenues in the company’s history and delivered positive operating profit in both segments,” stated Mark Stauffer, Orion Group Holding’s President […]

  • 3 August 2017
    Business & Finance

    Orion Group Holdings Inc. today reported a net loss for the three months ended June 30, 2017, of $2.3 million ($0.08 diluted loss per share).  These results compare to a net loss of $0.8 million ($0.03 diluted loss per share) for the same period a year ago. “The second quarter was impacted by continued delays in our customers’ ability to obtain necessary […]

  • 3 May 2018
    Business & Finance

    Orion Group Holdings (ORN) today reported net income of $4.1 million ($0.14 diluted earnings per share) for the three months ended March 31, 2018. These results compare to net loss of $1.8 million, ($0.07 diluted loss per share) for the same period a year ago, said the company. “During the first quarter, we had solid execution with continued strong market […]

  • 26 March 2019
    Business & Finance

    Orion Group Holdings, Inc. (ORN) today reported financial results for the fourth quarter and full year ended December 31, 2018. “We remain focused on the operational transformation underway throughout our Company, which we believe will become increasingly evident as 2019 progresses,” stated Mark Stauffer, Orion Group Holding’s President and Chief Executive Officer. “Our reported results for the fourth […]

  • 1 August 2019
    Business & Finance

    Orion Group Holdings, Inc. (ORN) has just reported a net loss of $1.6 million ($0.06 diluted loss per share) for the second quarter ended June 30, 2019. According to Mark Stauffer, Orion Group Holding’s President and Chief Executive Officer, the second quarter revenues increased both year-over-year and sequentially as ORN’s Marine business delivered an improved […]

  • 9 May 2019
    Business & Finance

    Orion Group Holdings, Inc. (ORN) today reported financial results for the first quarter ended March 31, 2019. “While the first quarter is normally our seasonally weakest quarter, our results did not meet our expectations,” stated Mark Stauffer, Orion Group Holding’s President and Chief Executive Officer. “However, given the project activity we are currently engaged in […]

  • 18 June 2020
    Business development

    Orion Group Holdings, Inc., engaged in heavy civil construction project management business, yesterday announced contract awards totaling approximately $17 million. The Company’s Marine segment has been awarded two separate contracts to provide dredging services in the Corpus Christi Ship Channel in Corpus Christi, Texas. The first award was the result of a competitive bid to […]

  • 14 June 2018
    Business & Finance

    Orion Group Holdings’ Marine Segment has won a $18 million contract from the Port of Corpus Christi for the design, construction and dredging of a new cement unloading dock, set to be located on the Corpus Christi ship channel.   Commenting the latest contract, Port of Corpus Christi CEO, Sean Strawbridge, said: “The P3 paradigm (Public Private Partnerships) is a proven model […]

  • 4 May 2017
    Business & Finance

    Orion Group Holdings, Inc. today reported a net loss for the three months ended March 31, 2017, of $1.8 million ($0.07 diluted loss per share). These results compare to a net loss of $1.2 million ($0.04 diluted loss per share) for the same period a year ago, Orion said. “We were pleased with our market […]

  • 22 May 2019
    Business & Finance

    The Orion Group Holdings has won a $160 million contract from the Port of Seattle, Washington, for the construction of The Northwest Seaport Alliance’s Terminal 5 Improvements Project. The Orion’s scope on the project includes the rehabilitation and strengthening of the existing wharf at Terminal 5, including berth deepening and electrical upgrades, as well as […]

  • 3 November 2016
    Business & Finance

    Orion Group Holdings, Inc. today reported net income for the three months ended September 30, 2016, of $4.7 million ($0.17 diluted earnings per share). These results compare to a net loss of $7.4 million ($0.27 diluted loss per share) for the same period a year ago. “We believe our company is on the right track,” […]

  • 16 November 2018
    Business & Finance, Project & Tenders

    Orion Group Holdings, Inc. (ORN) has just announced a contract award of approximately $13 million. According to ORN, the Company’s Marine segment was recently awarded a contract from the Port of Corpus Christi Authority. The contract calls for Orion to provide dredging services in the La Quinta Channel area of the Port and construct improvements to the local […]

  • 12 September 2018
    Business & Finance, Project & Tenders

    Orion Group Holdings, Inc. (ORN) has announced a contract award of approximately $97 million for a construction project in Port Everglades, Florida. According to the company, ORN’s Marine segment was recently awarded a contract from a joint venture of Moss & Associates and Kiewit Infrastructure South Co. (Moss/Kiewit JV) for the construction of the Southport Turning Notch Extension in Port Everglades. The company’s […]

  • 17 April 2019
    Business & Finance

    Orion Group Holdings today announced the award of multiple contracts with a total value of approximately $35 million. According to their latest announcement, the company’s Marine Segment has been awarded three contracts for dredging services along the Texas Gulf Coast. The project calls for the dredging of ship docks and berths for private clients in […]

  • 4 August 2016
    Business & Finance

    Orion Group Holdings, Inc. today reported a net loss for the three months ended June 30, 2016, of $0.8 million ($0.03 diluted loss per share). These results compare to a net loss of $1.8 million ($0.07 diluted loss per share) for the same period a year ago. “This week marks one year since we announced […]

  • 15 May 2019
    Business & Finance

    Orion Group Holdings, a Houston headquartered construction company, yesterday announced a contract award of approximately $15 million. According to the official release, the company’s marine segment was recently awarded a contract from the North Carolina State Ports Authority for the construction of the Turning Basin Expansion project in the Port of Wilmington, NC. Under the agreement, […]