secwatch.observer — SEC 8-K summary
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Issuer:     Orion Group Holdings Inc (ORN)
CIK:        0001402829
Form:       8-K
Filed at:   2025-07-30T23:59:59+00:00
Accession:  0001558370-25-009770
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orion Group Q2 revenue up 7% to $205M, Adjusted EBITDA doubles to $11M; reaffirms FY2025 guidance
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- Revenue $205.3M (+7% YoY); GAAP net income $0.8M vs $6.6M loss in Q2 2024.
- Adjusted EBITDA $11.0M (5.3% margin) vs $5.5M; Adjusted EPS $0.07 vs ($0.12).
- Backlog $745.7M at June 30, 2025; new contract awards over $450M in 1H2025.
- Reaffirmed FY2025 guidance: revenue $800-850M, Adj EBITDA $42-46M, Adj EPS $0.11-0.17.
- Appointed Alison Vasquez as CFO to support next phase of growth strategy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1402829/000155837025009770/0001558370-25-009770-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1402829/000155837025009770/orn-20250729x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-009770

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer