Orion Group Holdings Inc（ORN）のニュースとイベントORNOrion Group Holdings Inc

Company Confirms FY26 Revenue Outlook of $900M to $950M

Backs FY26 revenue view $900M-$950M, consensus $939.17M. Cuts FY26 adjusted EBITDA view to $50M-$54M from $54M-$58M. Backs FY26 capital expenditures view $25M-$35M. "Our Concrete business posted excellent results reporting over 30% revenue growth and over 45% adjusted EBITDA growth in the quarter benefitting from expansion of site civil services, favorable utilization and solid execution. Marine contract revenue and adjusted EBITDA were down primarily due to the timing of project start-ups and lower equipment utilization, and we have reset our full year 2026 guidance accordingly. Today, we have strong visibility into the remainder of the year with nearly 90% of Marine work under contract and strong Concrete momentum to achieve our updated guidance," concluded Boone.

Orion Reports Q2 Revenue of $221.88M, Below Expectations

Reports Q2 revenue $221.88M, consensus $225.43M. Reports booked awards and change orders of $277M; book-to-bill of 1.25X in the quarter. "In the quarter, Orion delivered solid year-over-year revenue growth and project bookings, reflecting favorable demand in our end markets. Our confidence in the long-term opportunities across our Marine and Concrete businesses remains robust, and our pipeline of opportunities has grown to approximately $27 billion. Recent awards across both of our businesses reinforce our competitive position in attractive end markets, spanning defense infrastructure, port and transportation infrastructure, data centers, healthcare and advanced manufacturing. With a growing opportunity pipeline, expanded capabilities, and an outstanding team delivering projects that matter, our conviction in Orion's long-term growth trajectory is strong," said Travis Boone, Chief Executive Officer of Orion.

Company Affirms FY26 Revenue Outlook of $900M to $950M

Backs FY26 revenue view $900M-$950M, consensus $919.81M. backs FY26 adjusted EBITDA view $54M-$58M. "Our backlog is growing and our pursuit pipeline remains healthy, with broad-based opportunities across both segments as we move through the year. This combination supports affirmation of our full year 2026 guidance," concluded Boone.