HOUSTON (AP) _ Orion Marine Group Inc. (ORN) on Wednesday reported first-quarter profit of $928,000.

On a per-share basis, the Houston-based company said it had profit of 3 cents. Earnings, adjusted for non-recurring costs, were 4 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The heavy civil marine contractor posted revenue of $153.3 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $155.1 million.

Orion Marine shares have climbed 17% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $5.81, more than doubling in the last 12 months.


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

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