Orion (ORN) - 2024 Q1 - Quarterly Results
ORNOrion (ORN)2024-04-25 07:02

EXHIBIT 99.1 ORION GROUP HOLDINGS REPORTS FIRST QUARTER 2024 RESULTS HOUSTON – April 24, 2024 – Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported its financial results for the first quarter ended March 31, 2024. Highlights for the quarter ended March 31, 2024: ● Contract revenues of 160.7millionGAAPnetlosswas160.7 million ● GAAP net loss was 6.1 million or 0.19perdilutedshareAdjustednetlosswas0.19 per diluted share ● Adjusted net loss was 4.0 million or 0.12perdilutedshareAdjustedEBITDAwas0.12 per diluted share ● Adjusted EBITDA was 4.1 ...