Orion Group Holdings, Inc. reported first-quarter 2025 financial results that surpassed analyst expectations, with contract revenues increasing 17.4% year-over-year to $188.7 million. The company also achieved a non-GAAP profit of $0.01 per share.
CEO Travis Boone highlighted nearly $350 million in new project awards secured so far in 2025, demonstrating robust demand across both the Marine and Concrete segments. This strong booking activity provides significant revenue visibility for future periods.
The company reaffirmed its full-year 2025 revenue guidance at a midpoint of $825 million, which is 1.5% above analysts' estimates. Management noted strong demand from data centers and marine projects, along with proactive management of tariff risks and strong supplier relationships.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.