{"schema_version":"secwatch.filing_event.v1","accession":"0001402829-24-000023","form_type":"8-K","ticker":"ORN","cik":"0001402829","company_name":"Orion Group Holdings Inc","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.260112+00:00","generated_at":"2026-06-03T07:42:50.245390+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Orion Q1 net loss $0.19/sh; reaffirms FY2024 guidance; amends debt terms","bullets":["Revenue $160.7M (+0.9% YoY); gross margin improved to 9.7% from 3.7%.","GAAP net loss $6.1M ($0.19/sh); adjusted net loss $4.0M ($0.12/sh).","Adjusted EBITDA $4.1M, within guided range; reaffirms FY rev $860-950M, adj. EBITDA $45-50M.","Total backlog $756.6M; awarded $101M additional after quarter end.","Debt amendment: FY24 covenant threshold lowered; maturity extended to May 2027; required June prepayment reduced to $10M."],"urls":{"canonical":"https://secwatch.observer/filing/0001402829-24-000023","json":"https://secwatch.observer/filing/0001402829-24-000023.json","markdown":"https://secwatch.observer/filing/0001402829-24-000023.md","text":"https://secwatch.observer/filing/0001402829-24-000023.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1402829/000140282924000023/0001402829-24-000023-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1402829/000140282924000023/orn-20240424x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T07:42:50.245390+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"06dc9bd5793a2c91353cd4db9493fd3716e441b8","claim":"Orion Group Holdings Inc reported full year 2024 results: revenue revenue in the range of $860 million to $950 million. Guidance reaffirmed.","evidence_excerpt":"we are reconfirming our full year 2024 guidance for revenue in the range of $860 million to $950 million and anticipated Adjusted EBITDA in the range of $45 million to $50 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1402829/000140282924000023/0001402829-24-000023-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2024"},{"label":"Revenue","value":"revenue in the range of $860 million to $950 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"dd51c2d80da9cbea0ce246a446bb751da03adb05","claim":"Orion Group Holdings Inc reported first quarter ended March 31, 2024 results: revenue Contract revenues of $160.7 million, net income Net loss for the first quarter was $6.1 million, EPS $0.19 per diluted share. Guidance reaffirmed.","evidence_excerpt":"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 $160.7 million ● GAAP net loss was $6.1 million or $0.19 per diluted share ● Adjusted net loss was $4.0 million or $0.12 per diluted share ● Adjusted EBITDA was $4.1 million ● Backlog and","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1402829/000140282924000023/0001402829-24-000023-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"Contract revenues of $160.7 million"},{"label":"Net income","value":"Net loss for the first quarter was $6.1 million"},{"label":"EPS","value":"$0.19 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}