Orion (ORN) - 2023 Q4 - Annual Results
ORNOrion (ORN)2024-02-29 05:48

EXHIBIT 99.1 ORION GROUP HOLDINGS REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS HOUSTON – February 28, 2024 – Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported its financial results for the fourth quarter and full year ended December 31, 2023. Highlights for the quarter ended December 31, 2023: ● Contract revenues of 201.6millionGAAPnetlosswas201.6 million ● GAAP net loss was 4.4 million or 0.13perdilutedshareAdjustednetincomewas0.13 per diluted share ● Adjusted net income was 2.6 million or $0.08 per ...