Orion Group Holdings Inc

For the period ended Apr 29, 2025. Filed Apr 29, 2025.

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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.

Apr 29, 2025 · Filed Apr 29, 2025

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ORN$7.22+4.8%Stored close · as of Nov 6, 2026

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Contents

EX-99.1 · (In Thousands, Except Margin Data)

(In Thousands, Except Margin Data)


· · Three months ended ·
· · March 31, ·
· 2025 · 2024
Net loss	$(1,414)	$(6,057)
Income tax expense (benefit)	140	(352)
Interest expense, net	2,141	3,357
Depreciation and amortization	5,403	6,020
EBITDA (1)	6,270	2,968
Share-based compensation	1,123	358
ERP implementation	605	686
Severance	30	62
Process improvement initiatives	138	—
Adjusted EBITDA(2)	$8,166	$4,074
Operating income margin	0.3%	(1.9)%
Impact of depreciation and amortization	2.9%	3.7%
Impact of share-based compensation	0.6%	0.2%
Impact of ERP implementation	0.3%	0.4%
Impact of severance	0.1%	0.1%
Impact of process improvement initiatives	0.1%	—%
Adjusted EBITDA margin(2)	4.3%	2.5%

(1)	EBITDA is a non-GAAP measure that represents earnings before interest, taxes, depreciation and amortization.

(2)	Adjusted EBITDA is a non-GAAP measure that represents EBITDA adjusted for share-based compensation, ERP implementation, severance and process improvement initiatives. Adjusted EBITDA margin is a non-GAAP measure calculated by dividing Adjusted EBITDA by contract revenues.

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