Orion Group Holdings Files 8-K on Financials
Ticker: ORN · Form: 8-K · Filed: Apr 25, 2024 · CIK: 1402829
| Field | Detail |
|---|---|
| Company | Orion Group Holdings Inc (ORN) |
| Form Type | 8-K |
| Filed Date | Apr 25, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, 8-k, sec-filing
TL;DR
Orion Group Holdings filed an 8-K for financial updates, no major news.
AI Summary
Orion Group Holdings, Inc. filed an 8-K on April 25, 2024, reporting on its results of operations and financial condition as of April 24, 2024. The filing includes financial statements and exhibits, but does not specify any new financial results or material events.
Why It Matters
This filing indicates Orion Group Holdings is providing updated financial information or exhibits to the SEC, which is standard for public companies to maintain transparency.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of financial information and does not report any new material events or changes.
Key Numbers
- 1231 — Fiscal Year End (Indicates the end of the company's fiscal year for reporting purposes.)
Key Players & Entities
- Orion Group Holdings, Inc. (company) — Registrant
- 12000 Aerospace Suite 300 Houston, Texas 77034 (location) — Principal executive offices address
- 713-852-6500 (phone_number) — Registrant's telephone number
- Orion Marine Group Inc (company) — Former company name
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report on Orion Group Holdings, Inc.'s results of operations and financial condition, and to include financial statements and exhibits.
What is the date of the earliest event reported in this filing?
The date of the earliest event reported in this filing is April 24, 2024.
What is the company's principal executive office address?
The company's principal executive office address is 12000 Aerospace Suite 300, Houston, Texas 77034.
What was the former name of Orion Group Holdings, Inc.?
The former name of Orion Group Holdings, Inc. was Orion Marine Group Inc.
What is the company's IRS Employer Identification Number?
The company's IRS Employer Identification Number is 26-0097459.
Filing Stats: 702 words · 3 min read · ~2 pages · Grade level 11.1 · Accepted 2024-04-24 19:02:42
Key Financial Figures
- $0.01 — ge on Which Registered Common stock, $0.01 par value per share ORN The New Yor
Filing Documents
- orn-20240424x8k.htm (8-K) — 39KB
- orn-20240424xex99d1.htm (EX-99.1) — 526KB
- orn-20240424xex99d1001.jpg (GRAPHIC) — 7KB
- 0001402829-24-000023.txt ( ) — 724KB
- orn-20240424.xsd (EX-101.SCH) — 3KB
- orn-20240424_lab.xml (EX-101.LAB) — 16KB
- orn-20240424_pre.xml (EX-101.PRE) — 11KB
- orn-20240424x8k_htm.xml (XML) — 5KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On April 24, 2024, Orion Group Holdings, Inc. (the "Company") issued a press release announcing its financial results for the first quarter ended March 31, 2024. A copy of the press release is attached to this Form 8-K as Exhibit 99.1 and is incorporated herein by reference. The information contained in this Item 2.02 to the Company's Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed "filed" for any purpose, and shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as expressly set forth by specific reference in such filing. Use of Non-GAAP Financial Information To help understand the Company's financial performance, the Company has supplemented its financial results that it provides in accordance with generally accepted accounting principles ("GAAP") with non-GAAP financial measures. Such financial measures include Adjusted Net Income (Loss), Adjusted Earnings (Loss) Per Common Share, earnings before interest, taxes, depreciation and amortization ("EBITDA"), Adjusted EBITDA, and Adjusted EBITDA Margin. We believe these non-GAAP financial measures are frequently used by investors, securities analysts and other parties in the evaluation of our performance and liquidity with that of other companies in our industry. Management uses these measures to evaluate our operating performance, liquidity and capital structure. In addition, our incentive compensation plan measures performance based on our consolidated EBITDA, along with other factors. The methods we use to produce these non-GAAP financial measures may differ from methods used by other companies. These measures should be considered in addition to, not as a substitute for, financial measures prepared in accordance with GAAP. Applicable reconciliations to the nearest GAAP financial me
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release of Orion Group Holdings, Inc. dated April 24, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). EXHIBIT INDEX Exhibit No. Description 99.1 Press Release of Orion Group Holdings, Inc. dated April 24, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Orion Group Holdings, Inc. Dated: April 25, 2024 By: /s/ Travis J. Boone President and Chief Executive Officer