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Orion Marine: 1Q Earnings Snapshot

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.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ORN at https://www.zacks.com/ap/ORN