ORN Q1 2023 Earnings — Orion Group Holdings, Inc. Revenue & Financial Results | Market Cap Arena

ORNOrion Group Holdings, Inc.

$489M

Q1 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$159M-9.0% YoY

Gross Profit

$6M3.7% margin

Operating Income

-$11M-6.7% margin

Net Income

-$13M-7.9% margin

EPS (Diluted)

$-0.39

QoQ Revenue Growth

-18.9%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$5M

Stock-Based Comp.

$524,000

Balance Sheet

Total Assets

$344M

Total Liabilities

$219M

Stockholders' Equity

$126M

Cash & Equivalents

$3M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$159M	$175M	-9.0%
Gross Profit	$6M	$13M	-54.4%
Operating Income	-$11M	-$3M	-272.8%
Net Income	-$13M	-$5M	-159.4%

Revenue Segments

Concrete Segment

$80M50%

Marine Segment

$79M50%