earnings
confidence high
sentiment positive
materiality 0.65
Orion Group Q1 revenue up 17.4% to $188.7M; net loss narrows to $1.4M
Orion Group Holdings Inc
2025-Q1 EPS reported
-$0.04
revenue$188,653,000
- GAAP net loss of $1.4M ($0.04 per share) vs. loss of $6.1M ($0.19) in Q1 2024.
- Adjusted net income of $0.3M ($0.01 per share); Adjusted EBITDA rose 100.4% to $8.2M.
- Contract backlog of $839.7M at March 31, plus $51.2M in wins after quarter end, total $890.9M.
- Year-to-date new contract awards of $349M; FY2025 guidance reaffirmed: revenue $800-850M, Adj. EBITDA $42-46M.
- CEO cites no material impact from tariffs or federal downsizing; defense and infrastructure demand strong.