Orbital Infrastructure Group Inc. (OIGBQ)

Dec 7 2023 - OIGBG was delisted (reason: shares cancelled)
0.0001
0.00 (0.00%)
Last trade price
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]

Sector Industrials
Founded 1998
Employees 1,490
Stock Exchange OTCMKTS
Ticker Symbol OIGBQ
Full Company Profile

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 Statements

News

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

10 months ago - PRNewsWire

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...

11 months ago - PRNewsWire

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...

11 months ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PYMNTS

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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. (...

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire