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Rebrand aligns with the company's go-forward infrastructure services strategy HOUSTON, Aug. 1, 2022 /PRNewswire/ -- Orbital Energy Group, Inc. (NASDAQ:OEG), a diversified infrastructure services platform, providing engineering, design, construction, and maintenance services to customers in the electric power, telecommunications, and renewable industries, today announced the rebranding of the company to Orbital Infrastructure Group, Inc. (NASDAQ:OIG) ("OIG" or the "Company"), to align with the Company's infrastructure strategy, and its continued expansion and market diversification. In addition to rebranding the Company, OIG has relocated its corporate domicile from the State of Colorado t
Records Positive Adjusted EBITDA of $3.8 Million and Reiterates Full-Year 2022 Financial Guidance HOUSTON, May 16, 2022 /PRNewswire/ -- Orbital Energy Group, Inc. (NASDAQ:OEG) ("Orbital Energy" or the "Company") today reported its financial results for the first quarter ended March 31, 2022. First Quarter Summary Revenues of $70.3 million, compared to $41.0 million in the prior quarter and $5.6 million for the first quarter of 2021;Gross profit of $11.6 million compared to a gross loss of $2.5 million in the first quarter of 2021;Operating loss of $1.8 million, an improvement
HOUSTON, May 11, 2022 /PRNewswire/ -- Orbital Energy Group, Inc. (NASDAQ:OEG) ("Orbital Energy" or the "Company") today announced that it will issue its financial results for the first quarter ended March 31, 2022 before the market opens on Monday, May 16, 2022. Orbital Energy Vice Chairman and CEO Jim O'Neil and CFO Nick Grindstaff will host a conference call to discuss the results on Monday, May 16, 2022, at 8:30 am ET. To access the call, please dial (678) 894-3054 and provide conference ID 3716707. A live webcast of the conference call and accompanying slide presentation c
4 - Orbital Infrastructure Group, Inc. (0001108967) (Issuer)
4 - Orbital Infrastructure Group, Inc. (0001108967) (Issuer)
4 - Orbital Infrastructure Group, Inc. (0001108967) (Issuer)
B. Riley Securities resumed coverage of Orbital Energy Group with a rating of Buy and set a new price target of $7.00
Alliance Global Partners initiated coverage of Orbital Energy Group with a rating of Buy and set a new price target of $16.50
B. Riley upgraded Orbital Energy Group from Neutral to Buy
HOUSTON, May 11, 2022 /PRNewswire/ -- Orbital Energy Group, Inc. (NASDAQ:OEG) ("Orbital Energy" or the "Company") today announced that it will issue its financial results for the first quarter ended March 31, 2022 before the market opens on Monday, May 16, 2022. Orbital Energy Vice Chairman and CEO Jim O'Neil and CFO Nick Grindstaff will host a conference call to discuss the results on Monday, May 16, 2022, at 8:30 am ET. To access the call, please dial (678) 894-3054 and provide conference ID 3716707. A live webcast of the conference call and accompanying slide presentation c
Revenue and Backlog increases of 65% and 28%, respectively from the Third Quarter of 2021 HOUSTON, March 30, 2022 /PRNewswire/ -- Orbital Energy Group, Inc. (NASDAQ:OEG) ("Orbital Energy" or the "Company") today reported its financial results for the three months and twelve months ended December 31, 2021. Fourth Quarter SummaryRevenues of $41.0 million, compared to $24.8 million in the prior quarter and $7.6 million for the fourth quarter of 2020;Loss from continuing operations, net of income taxes of $15.7 million compared to a loss of $9.5 million in the prior quarter and a
HOUSTON, March 28, 2022 /PRNewswire/ -- Orbital Energy Group, Inc. (NASDAQ:OEG) ("Orbital Energy" or the "Company") today announced that it will issue its financial results for the fourth quarter and full-year ended December 31, 2021 after the market closes on Wednesday, March 30, 2022. Orbital Energy Vice Chairman and CEO Jim O'Neil and CFO Nick Grindstaff will host a conference call to discuss the results on Wednesday, March 30, 2022, at 5:00 pm ET. To access the call, please dial (678) 894-3054 and provide conference ID 4586413. A live webcast of the conference call and acc
New Structure and Accomplished Executive Team Designed to Further Accelerate Solar Division's Efficiency and Profitability HOUSTON, April 26, 2022 /PRNewswire/ -- Orbital Energy Group, Inc. (NASDAQ:OEG) ("OEG" or the "Company") today announced the reorganization of its Solar Division and appointment of Robert Burns as president of its subsidiary, Orbital Solar Services (OSS), effective April 25, 2022. Effective immediately, OSS is now a part of OEG's telecom division, Gibson Technical Services ("GTS"). Mike McCracken, GTS's chief executive officer, will become chief executive
HOUSTON, Sept. 30, 2021 /PRNewswire/ -- Orbital Energy Group, Inc. (NASDAQ:OEG) ("OEG" or the "Company") today announced the appointment of The Honorable La Doris (Dot) Harris as the Company's Chief Diversity Officer and Chief Executive Officer (CEO) for its subsidiary, Orbital Solar Services (OSS), effective October 1, 2021. "We are proud to announce the appointment of Dot Harris to lead our diversity and renewable strategies. Dot is an incredibly accomplished executive with extensive energy sector and diversity experience, making her an ideal choice to lead our renewable a
HOUSTON, Aug. 11, 2021 /PRNewswire/ -- Orbital Energy Group, Inc. (NASDAQ:OEG) ("OEG") today announced its telecommunications subsidiary, Gibson Technical Services, Inc. ("GTS"), has appointed industry veteran Scott Stokes as its new chief technology officer ("CTO"). Mr. Stokes is a program management executive with more than 30 years of experience in engineering, planning, design and operation of telecommunications networks. Prior to joining GTS, Mr. Stokes served as business operations director and manager of ISP/OSP Engineering & Construction at Jacobs. His skillset inclu
Gainers Orbital Energy Group (NASDAQ:OEG) stock rose 8.1% to $0.69 during Friday's after-market session. Trading volume for this security closed at 146.0K, accounting for 9.6% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $73.1 million. HyreCar (NASDAQ:HYRE) shares rose 5.01% to $0.65. The company's market cap stands at $14.2 million. Byrna Technologies (NASDAQ:BYRN) shares rose 4.88% to $8.59. The company's market cap stands at $191.0 million. Resources Connection (NASDAQ:RGP) stock moved upwards by 4.75% to $22.48. The market value of their outstanding shares is at $744.1 million. As per the press release, Q4 earnings came out
8-K - Orbital Infrastructure Group, Inc. (0001108967) (Filer)
PRE 14A - Orbital Infrastructure Group, Inc. (0001108967) (Filer)
8-K - Orbital Infrastructure Group, Inc. (0001108967) (Filer)
SC 13G/A - Orbital Energy Group, Inc. (0001108967) (Subject)
SC 13G/A - Orbital Energy Group, Inc. (0001108967) (Subject)
SC 13G/A - Orbital Energy Group, Inc. (0001108967) (Subject)