Orbital Infrastructure Group Inc. (OIGBQ)
Market Cap | 4.00 |
Revenue (ttm) | 332.15M |
Net Income (ttm) | -258.75M |
Shares Out | 4.33M |
EPS (ttm) | -82.66 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | n/a |
Open | 0.0001 |
Previous Close | 0.0001 |
Day's Range | 0.0001 - 0.0001 |
52-Week Range | n/a |
Beta | 1.21 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | n/a |
About OIGBQ
Orbital Infrastructure Group, Inc. provides infrastructure services to customers in the electric power, telecommunications, and renewable industries. It engineers, designs, installs, upgrades, repairs, and maintains electric power transmission and distribution infrastructure, and substation facilities, as well as offers emergency restoration services; and provides drilled shaft foundation construction services to the electric transmission and substation, industrial, telecommunication, and disaster restoration market sectors. The company also of... [Read more]
Financial Performance
In 2022, OIGBQ's revenue was $322.22 million, an increase of 288.46% compared to the previous year's $82.95 million. Losses were -$276.19 million, 350.9% more than in 2021.
Financial StatementsNews
Orbital Infrastructure Group Inc. Intends to Enter into Purchase Agreements for the Sale of Front Line Power Construction and Gibson Technical Services and Files for Chapter 11 Protection
Receives Commitment from Existing Secured Lenders for $15.0 Million in Debtor-in-Possession Financing HOUSTON , Aug. 23, 2023 /PRNewswire/ -- Orbital Infrastructure Group Inc. (NASDAQ: OIG) (the "Comp...
Orbital Infrastructure Group Inc. Announces Receipt of Nasdaq Delinquency Letter Regarding Late Filing of Quarterly Report on Form 10-Q
HOUSTON , Aug. 23, 2023 /PRNewswire/ -- Orbital Infrastructure Group Inc. (NASDAQ: OIG) (the "Company"), today announced that it received a letter from The Nasdaq Stock Market LLC ("Nasdaq") on August...
Orbital Infrastructure Group Reports First Quarter 2023 Results
HOUSTON , May 16, 2023 /PRNewswire/ -- Orbital Infrastructure Group, Inc. ("OIG") (Nasdaq: OIG), today announced financial results for the first quarter of 2023. The Company also announced that its Q...
Orbital Infrastructure Group Announces Results of Special Meeting of Stockholders
Shareholders Approved Reverse Split Proposal HOUSTON , April 18, 2023 /PRNewswire/ -- Orbital Infrastructure Group, Inc. ("OIG") (Nasdaq: OIG), ("the Company"), today announced that at the Special M...
Orbital Infrastructure Group Reports Full Year 2022 Results
HOUSTON , April 10, 2023 /PRNewswire/ -- Orbital Infrastructure Group, Inc. ("OIG") (Nasdaq: OIG), today announced financial results for the fiscal year 2022. The Company also announced that its Annua...
Orbital Infrastructure Group/GTS Subsidiary, IMMCO, Inc. Announces Office Expansion in Kochi, India
IMMCO expands broadband engineering & design staff, and reaches employment milestone HOUSTON , Nov. 29, 2022 /PRNewswire/ -- Orbital Infrastructure Group, Inc. (NASDAQ: OIG) ("OIG") announced today t...
Orbital Infrastructure Group, Inc. (OIG) Q3 2022 Earnings Call Transcript
Orbital Infrastructure Group, Inc. (NASDAQ:OIG) Q3 2022 Earnings Conference Call November 14, 2022 9:00 AM ET Company Participants Kevin McGrath - Investor Relations James O'Neil - Vice Chairman and ...
Orbital Infrastructure Group Reports Third Quarter 2022 Results
Third Quarter Summary Revenues of $99.8 million compared to $24.8 million for the third quarter of 2021; Adjusted EBITDA loss from continuing operations of $14.6 million compared to a loss of $6.3 mil...
Orbital Infrastructure Group Schedules Third Quarter 2022 Conference Call for November 14 at 9:00 A.M. ET
HOUSTON , Nov. 8, 2022 /PRNewswire/ -- Orbital Infrastructure Group, Inc. ("OIG") [NASDAQ: OIG] today announced that it will release its third-quarter 2022 financial results prior to market open on Mo...
Orbital Infrastructure Group Provides Update on Full Year 2022 Outlook
Challenges in Renewable Segment continue and lead to revised full year 2022 revenues of $350 million to $375 million, down from $405 million to $450 million Lowered full year 2022 adjusted EBITDA rang...
ORBITAL INFRASTRUCTURE GROUP PROVIDES RESOURCES AND SUPPORT TO ASSIST THOSE IMPACTED BY HURRICANE IAN
HOUSTON , Sept. 29, 2022 /PRNewswire/ -- Orbital Infrastructure Group, Inc. ("OIG") [NASDAQ: OIG] today announced that its wholly-owned subsidiary, Orbital Power Inc., is providing nine electric distr...
OIG: Crooks Likely Jacked $45B From Pandemic Unemployment
Crooks likely used the Social Security numbers of dead people and prisoners plus filed claims in multiple states to steal more than $45 billion from the pandemic unemployment program, three times more...
Orbital Infrastructure Group Awarded a Multi-Year Electric Distribution Reconductor and Pole Replacement Project
HOUSTON , Sept. 6, 2022 /PRNewswire/ -- Orbital Infrastructure Group, Inc. (NASDAQ: OIG) ("OIG") today announced that its subsidiary, Orbital Power Inc. ("OPI"), has been awarded a multi-year electric...
ORBITAL INFRASTRUCTURE GROUP, INC. LAUNCHES NEW WEBSITE
HOUSTON , Aug. 31, 2022 /PRNewswire/ -- Orbital Infrastructure Group, Inc. (NASDAQ: OIG), a diversified infrastructure services company, providing engineering, design, construction, and maintenance se...
Orbital Infrastructure Group, Inc. Announces $50 Million Equity Purchase Agreement
HOUSTON , Aug. 19, 2022 /PRNewswire/ -- Orbital Infrastructure Group, Inc. (NASDAQ: OIG) ("Orbital") today announced a standby equity purchase agreement (SEPA) with Yorkville Advisors Global LP ("York...
Orbital Infrastructure Group, Inc. Announces Sale of Orbital Gas Systems N.A. to Mangan, Inc.
HOUSTON , Aug. 16, 2022 /PRNewswire/ -- Orbital Infrastructure Group, Inc. (NASDAQ: OIG) ("Orbital") and Mangan, Inc. ("Mangan") today announced that they have entered into an asset purchase agreement...
Orbital Infrastructure Group Reports Second Quarter 2022 Results
Record Quarterly Revenue of $93.9 Million Raises Full-Year 2022 Revenue Guidance to a Range of $405 Million to $450 Million HOUSTON , Aug. 11, 2022 /PRNewswire/ -- Orbital Infrastructure Group, Inc. (...
Orbital Infrastructure Group Schedules Second Quarter 2022 Financial Results Conference Call for Thursday, August 11, 2022
HOUSTON , Aug. 8, 2022 /PRNewswire/ -- Orbital Infrastructure Group, Inc. (Nasdaq: OIG) ("Orbital Infrastructure" or the "Company") today announced that it will issue its financial results for the sec...