HOUSTON (AP) _ Orion Marine Group Inc. (ORN) on Wednesday reported first-quarter net income of $2.7 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Houston-based company said it had net income of 9 cents. Earnings, adjusted for non-recurring gains, were 8 cents per share.
The heavy civil marine contractor posted revenue of $166.6 million in the period.
In the final minutes of trading on Wednesday, the company's shares hit $2.32. A year ago, they were trading at $2.51.