ORN Q2 2024 Earnings — Orion Group Holdings, Inc. Revenue & Financial Results | Market Cap Arena

ORNOrion Group Holdings, Inc.

$489M

Q2 2024 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$192M+5.3% YoY

Gross Profit

$18M9.5% margin

Operating Income

-$3M-1.4% margin

Net Income

-$7M-3.4% margin

EPS (Diluted)

$-0.20

QoQ Revenue Growth

+19.6%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$20M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$414M

Total Liabilities

$303M

Stockholders' Equity

$111M

Cash & Equivalents

$5M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$192M	$183M	+5.3%
Gross Profit	$18M	$14M	+32.6%
Operating Income	-$3M	$2M	-235.8%
Net Income	-$7M	-$255,000	-2489.4%

Revenue Segments

Marine Segment

$131M68%

Concrete Segment

$61M32%