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Orion Group Holdings releases transcript of Q2 2026 earnings call

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  • Orion Group Holdings hosted its Q2 2026 results call with the CEO, CFO, and investor relations attending. * Revenue USD 222 million rose 8%; GAAP loss USD 4.1 million; adjusted EBITDA USD 7.9 million; adjusted EPS USD 0.02. * Marine results fell on delayed project starts, slower awards, lower equipment utilization; management framed it as timing, with delays now cleared. * 2026 guidance reaffirmed for revenue USD 900-950 million; adjusted EBITDA cut to USD 50-54 million; adjusted EPS USD 0.23-0.30; capex USD 25-35 million. * Bookings topped USD 275 million; backlog USD 722 million; pipeline about USD 27 billion, with about USD 1.6 billion quoted awaiting award. * Management cited 90% of second-half marine work under contract; 80% of second-half companywide work under contract, supporting a stronger back half. * Concrete posted over 30% revenue growth; margins targeted near 6%; data centers were about 50% of concrete revenue, up from 40% in Q1. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Orion Group Holdings Inc. published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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