May 11, 2021 By John Shoulberg Orion Group Holdings Inc. reported net income of $0.9 million for the first quarter of 2021, compared to net income of $2.7 million for the first quarter of 2020. Headquartered in Houston, Texas, Orion Group Holdings is a specialty construction company serving the infrastructure, industrial and building sectors. Its marine segment provides construction and dredging services related to marine transportation facility construction; marine pipeline construction; marine environmental structures; dredging of waterways, channels and ports; and specialty services. Its concrete segment provides turnkey concrete construction services across the light commercial, structural and other associated business areas. In its April 28 report, the company noted that its adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) for the first quarter was $9.5 million, down from $12.2 million a year ago. The adjusted EBITDA measure excludes the impact of various non-recurring items.