ORN Q2 2023 Earnings — Orion Group Holdings, Inc. Revenue & Financial Results | Market Cap Arena

ORNOrion Group Holdings, Inc.

$489M

Q2 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$183M-6.2% YoY

Gross Profit

$14M7.6% margin

Operating Income

$2M1.1% margin

Net Income

-$255,000-0.1% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+14.7%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$11M

Stock-Based Comp.

$945,000

Balance Sheet

Total Assets

$369M

Total Liabilities

$243M

Stockholders' Equity

$126M

Cash & Equivalents

$10M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$183M	$195M	-6.2%
Gross Profit	$14M	$14M	-3.8%
Operating Income	$2M	-$3M	+171.6%
Net Income	-$255,000	-$3M	+91.7%

Revenue Segments

Marine Segment

$101M55%

Concrete Segment

$82M45%