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Dec 31, 2023
Orion Group Q4 2023 Earnings Report
Orion Group Holdings reported progress against its strategic plan with profitable growth in the fourth quarter of 2023.
Key Takeaways
Orion Group Holdings reported Q4 2023 contract revenues of $201.6 million. GAAP net loss was $4.4 million, or $0.13 per diluted share, while adjusted net income was $2.6 million, or $0.08 per diluted share. Adjusted EBITDA was $14.8 million, and backlog totaled $883 million including contracts awarded subsequent to quarter end.
Contract revenues reached $201.6 million.
GAAP net loss amounted to $4.4 million, or $0.13 per diluted share.
Adjusted net income was $2.6 million, or $0.08 per diluted share.
Adjusted EBITDA stood at $14.8 million.
Revenue by Segment
Forward Guidance
In 2024, the company expects its financial performance to continue to improve relative to 2023 and is confident that 2025 will be even stronger than 2024.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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