---
schema_version: "secwatch.filing_event.v1"
accession: "0001402829-24-000054"
form_type: "8-K"
ticker: "ORN"
cik: "0001402829"
company_name: "Orion Group Holdings Inc"
filed_at: "2024-07-25T23:59:59+00:00"
generated_at: "2026-05-31T16:14:30.465501+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Orion Group Q2 2024 net loss $0.20/sh, cuts FY guidance on project delays

## Summary
- Q2 contract revenues $192.2M +5.3% YoY; GAAP net loss $6.6M ($0.20 diluted loss).
- Adjusted net loss $5.2M ($0.16/sh); Adjusted EBITDA $5.5M vs $3.7M prior year.
- Backlog $758.4M at June 30; $118M awarded in July, total backlog and awards $876.3M.
- Guidance lowered: FY 2024 revenue $850-900M, Adjusted EBITDA $40-45M.
- Delays on Grand Bahama dry dock and Pearl Harbor projects shift revenue recognition.

## SEC filing metadata
- accession: 0001402829-24-000054
- form_type: 8-K
- ticker: ORN
- cik: 0001402829
- company_name: Orion Group Holdings Inc
- filed_at: 2024-07-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1402829/000140282924000054/0001402829-24-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1402829/000140282924000054/orn-20240724x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001402829-24-000054
- JSON: https://secwatch.observer/filing/0001402829-24-000054.json
- Plain text: https://secwatch.observer/filing/0001402829-24-000054.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.