HOUSTON — Orion Marine Group Inc. (ORN) on Thursday reported a loss of $6.4 million in its third quarter.
The Houston-based company said it had a loss of 22 cents per share.
The heavy civil marine contractor posted revenue of $125.1 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $140.4 million.
The company’s shares closed at $4.80. A year ago, they were trading at $7.20.
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