joining everyone prepared remarks. and second against our to the our in Scott cover Welcome details call made strategic and Margaret. substantial you, today. In the plan our we Thank quarter, progress I will
performance. want I around give second you that, to quarter context Before more our
revenue press $X.X in share saw you million. at was release, $X.XX our in EBITDA was our $XXX.X adjusted As per came million, and loss
reflecting progress long-term they over than improve to we be are we the And are expected quarter. performance. Last second the quarter, making quarter, quarter better that improvement we a last significant to told first you our results
through the improvement back continued year. expect of half We the
start I'll our concrete business. with
was concrete's too concrete Board, you've losing improve heard When our had I and on business say for long. to profitability. the Scott came immediate priority been me before, As money
bidding market, our processes, markets. implemented made company our transformation Dallas exited Texas Houston more our Since rigor in on in delivery, leadership of project focused the September, added resources our Central we changes, disciplined we and started unprofitable the
As profitability in in continued now, which That markets. expect be work core a bid, and sustainable. large a returned May, June, demand in result concrete our strong trend business that profitability that we volume we has and these Right our of to to reflects actions, March. have April, very of been
and feel a won't that We win especially of some XXXX are strong our in if all decisions the capital delaying concrete for doesn't thresholds. is bid position the beyond. we it so Even work, meet cost rest until margin customers stabilizes. and
continued, quarter, operation. concrete in a in While the challenges dredging this marine was bright business primarily volume spot our our
roughly bit, context, is us. a we that our dredging and of our profit. revenue historically a XX% impact slow business For our business of has it When has XX% worked have don't big and been on
the of maintain shipping They Corps has major Army keep funding the along to need coast moving commerce mandate very along responsibility the are that the aware the and Engineers dredge to Gulf Coast. US pressing to ports. channels The of waterways efficiently the and to
consequences ground and has handling, goods transportation. shipping, economy Delay on supply maintenance and potentially disrupting US far activity reaching of the warehousing, this the chain, Gulf
historical continue in this the the our to are levels. significant opportunities we While to excited potential see near-term limited run, be about opportunities bidding long space to in relative
year. latter dredges of busier we the our in Corp. successful the half In week million bidding on won were and costs with In we get $XX second million the dredging discipline. our just contract maintaining in focus carefully dredging for the and will from this another help winning to quarter, a managing environment, in $XX is Corp. Louisiana. wins the last These our
to construction, The of the grow and large was portion only We bids $X.X small Infrastructure several passed very it two work our trillion marine started, while ago, opportunities for will a years remain continue. and that has have outstanding is we Act confident coming.
and mobilizing are Hawaii. and to Our Harbor project equipment to dock Pearl a build at resources is we dry underway
portion million contract work $XXX the to and next on years. the expect our continue half We this of two over a
We Orion fundamentally made a we now for this accelerated profitable stronger better positioned short is and progress point earlier year out and in strategic our three time. growth. have laid plan substantial
our We business. we will do on plan to say are what we and to doing committed delivering our transform
most short and sheet focused We We derisking of have checklist many and boxes, the our sustainable for began ways, the long-term on this ticked off liquidity. to million secured many balance have a million $XX and the more ABL In credit path with a with under We all monetized far up faced. and critical was facility business growth. $XXX assets long the clear we one contract. thus objectives of substantially of new
talent in state driving great attracted is joined us stronger has Louisiana, important that [ph] $XX Casey to focus in and for lead an Development Coastal is critical a element restoration. Business have us is growth. We billion Louisiana future for development efforts for growth. relationships considering customer to which on our Stavino business Building earmarked
and us me. lead Eckman proven directly results joined July reporting in Corporate to Growth to These individuals Alan years of to bring Strategy and experience Orion.
on resources to invest our focused business. in continue will We growing key
reach training their people to and potential. that tools We're also allow in our investing full will
for understand Our step way. speak driving important best people culture, same our goal is practices, This the business leveraging clearly and our mindset, objectives, embrace a business capabilities. strengthening cross-selling in the an to synergies, and our in is about growth
of the XXXX, continue expect quarter-over-quarter of plan the strategic and Looking ahead, will our execution momentum improvements we are in performance. the In in extremely excited we build to months about future. remaining
be foundation a the Orion new a year the will very this After XXXX year, for establishing company. different for
businesses challenging the concrete, can have both in and times. people the by for with during another to dramatic driven fortunate deliver are XXXX are by two sector performing We we they sector different growth. the public as exceptional can catalysts that balance We expect in one growth; the industry more private and marine most well
the turn the over Scott of for I'll his operations. Now, to and review call financials
