DredgeWire Article: Orion Group Holdings Reports Q1 2025 Results: Adjusted ABITDA Up Over 100% on 17.4% Revenue Increase
Orion Group Holdings reported a strong start to 2025, with a 17.4% increase in contract revenues to $188.7 million and a 100.4% rise in adjusted EBITDA to $8.2 million. The company secured $349 million in new contracts year-to-date and ended the quarter with a backlog of $839.7 million. Orion’s marine and concrete segments continue to thrive, supported by federal infrastructure initiatives and strong demand across markets.
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Original Article from DredgeWire | Article Author: DredgeWire Staff
DredgeWire Article: Orion Group Holdings Reports Q1 2025 Results: Adjusted EBITDA up over 100% on 17.4% Revenue Increase
