---
schema_version: "secwatch.filing_event.v1"
accession: "0001402829-24-000074"
form_type: "8-K"
ticker: "ORN"
cik: "0001402829"
company_name: "Orion Group Holdings Inc"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:09:53.626906+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Orion Group Q3 revenue up 35% to $226.7M, net income $4.3M; guidance reaffirmed

## Summary
- Contract revenues $226.7M, +34.5% YoY; net income $4.3M ($0.12 diluted) vs loss $0.7M prior year.
- Adjusted net income $5.6M ($0.16 diluted); Adjusted EBITDA $15.2M (6.7% margin), +62% YoY.
- Backlog at $690.5M; post-quarter awarded $116M in new contracts, including $30.6M marine and $18.2M concrete.
- Raised $26.5M net proceeds from 5.6M share offering at $5.15/share; debt $28.0M, revolver undrawn.
- FY2024 Adjusted EBITDA reaffirmed $40-$45M range, exceeding prior years.

## SEC filing metadata
- accession: 0001402829-24-000074
- form_type: 8-K
- ticker: ORN
- cik: 0001402829
- company_name: Orion Group Holdings Inc
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1402829/000140282924000074/0001402829-24-000074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1402829/000140282924000074/orn-20241030x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001402829-24-000074
- JSON: https://secwatch.observer/filing/0001402829-24-000074.json
- Plain text: https://secwatch.observer/filing/0001402829-24-000074.txt

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