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Orion Q2 Adjusted Earnings Fall, Revenue Rises; Cuts 2026 EPS Guidance

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Orion Group (ORN) reported Q2 adjusted earnings late Tuesday of $0.02 per share, down from $0.07 a year earlier.

Analysts polled by FactSet expected $0.06.

Revenue for the quarter ended June 30 rose to $221.9 million from $205.3 million a year earlier.

Analysts expected $225.7 million.

The company now expects 2026 adjusted EPS of $0.23 to $0.30, compared with $0.36 to $0.42 earlier. The company continues to see full-year revenue of $900 million to $950 million.

Analysts expect $0.39 and $938.9 million, respectively.

Shares of Orion were down 8% in after-hours activity.

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