Orion Group Holdings 10-Q: Revenue $216.3M, EPS $0.12
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Orion Group Holdings reported Q1 revenues of $216.3 million, a 15% increase year-over-year, with diluted earnings per share of $0.12, aided by a $6.9 million tax benefit. The company achieved net income of $4.7 million, up from a loss of $1.4 million last year. Gross profit rose to $25.9 million. The Concrete segment drove growth, while the Marine segment's share decreased. The company completed the JEM acquisition, expanding its service offerings, and backlog increased to $668 million, enhancing project visibility.
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