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Stock impact report

Orion (ORN) Q2 2025 Earnings Call Transcript [Globe and Mail, The (Toronto, Canada)]

Orion Group Holdings, Inc. Common (ORN) 
Last orion group holdings, inc. common earnings: 4/29 04:04 pm Check Earnings Report
Chief Financial Officer — Alison G. Vasquez TAKEAWAYS Revenue -- $205 million, up 7% year over year and 9% sequentially, reflecting new contract awards and higher volume in both Marine and Concrete segments. Adjusted EBITDA -- $11 million, a 100% increase from the prior year and up 34% sequentially; margin improved 240 basis points to 5.3%. GAAP Net Income -- $800,000, or $0.02 per share; Adjusted Net Income was $2.7 million, or $0.07 per share. Net Debt -- Ended the quarter at approximately $31 million. Operating Cash Flow -- Used $5.6 million, mainly due to working capital timing on large projects. New Awards and Backlog -- Added $111 million in new awards and change orders; backlog reached nearly $750 million, up modestly in the first half. Marine Segment Revenue -- $135 million, up 3% year over year and 6% sequentially; adjusted EBITDA was $12.7 million, with a 9.4% margin. Concrete Segment Revenue -- $70 million, up 14% both year over year and sequentially; adj Show less Read more
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