Orion Group Holdings Files 8-K on Financials
Ticker: ORN · Form: 8-K · Filed: Jul 25, 2024 · CIK: 1402829
| Field | Detail |
|---|---|
| Company | Orion Group Holdings Inc (ORN) |
| Form Type | 8-K |
| Filed Date | Jul 25, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-condition, results-of-operations
TL;DR
Orion Group Holdings dropped an 8-K on financials - check it out.
AI Summary
Orion Group Holdings, Inc. filed an 8-K on July 24, 2024, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits, indicating a significant event or update for the company. Specific financial details or outcomes were not detailed in the provided excerpt.
Why It Matters
This 8-K filing signals an important update regarding Orion Group Holdings' financial performance and operational status, which could influence investor decisions.
Risk Assessment
Risk Level: medium — 8-K filings often contain material information that can significantly impact a company's stock price, requiring careful investor attention.
Key Players & Entities
- Orion Group Holdings, Inc. (company) — Registrant
- 713-852-6500 (phone_number) — Registrant's telephone number
- 12000 Aerospace Suite 300 Houston, Texas 77034 (address) — Principal executive offices
- July 24, 2024 (date) — Date of earliest event reported
FAQ
What specific financial results or conditions are being reported in this 8-K filing?
The provided excerpt states the filing pertains to 'Results of Operations and Financial Condition' and includes 'Financial Statements and Exhibits,' but does not detail the specific financial outcomes.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on July 24, 2024.
What is the principal executive office address for Orion Group Holdings, Inc.?
The principal executive office address is 12000 Aerospace Suite 300, Houston, Texas 77034.
What is the IRS Employer Identification Number for Orion Group Holdings, Inc.?
The IRS Employer Identification Number for Orion Group Holdings, Inc. is 26-0097459.
What is the filing date for this 8-K report?
This 8-K report was filed as of date July 25, 2024.
Filing Stats: 702 words · 3 min read · ~2 pages · Grade level 11.1 · Accepted 2024-07-24 17:37:26
Key Financial Figures
- $0.01 — ge on Which Registered Common stock, $0.01 par value per share ORN The New Yor
Filing Documents
- orn-20240724x8k.htm (8-K) — 39KB
- orn-20240724xex99d1.htm (EX-99.1) — 826KB
- orn-20240724xex99d1001.jpg (GRAPHIC) — 7KB
- 0001402829-24-000054.txt ( ) — 1034KB
- orn-20240724.xsd (EX-101.SCH) — 3KB
- orn-20240724_lab.xml (EX-101.LAB) — 16KB
- orn-20240724_pre.xml (EX-101.PRE) — 11KB
- orn-20240724x8k_htm.xml (XML) — 5KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On July 24, 2024, Orion Group Holdings, Inc. (the "Company") issued a press release announcing its financial results for the second quarter ended June 30, 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 mea
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 July 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 July 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: July 25, 2024 By: /s/ Travis J. Boone President and Chief Executive Officer