Orion Group Holdings, Inc. $(ORN)$ reported its financial results for the second quarter ended June 30, 2025. The company's revenue increased by 7% to $205.3 million compared to the same period in 2024. GAAP net income rose to $0.8 million, a significant improvement from a net loss of $6.6 million in the previous year. Adjusted EBITDA doubled to $11 million, with margins increasing by 240 basis points to 5.3%. The company has reaffirmed its fiscal year 2025 guidance, projecting revenue between $800 million and $850 million, adjusted EBITDA between $42 million and $46 million, and adjusted EPS in the range of $0.11 to $0.17. Additionally, capital expenditures for the year are expected to be between $25 million and $35 million. Orion Group Holdings also strengthened its management team by appointing Alison Vasquez as CFO to support the next phase of the company's growth strategy.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。