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Stock impact report

Great Lakes Reports Record Full Year Results

Great Lakes Dredge & Dock Corporation (GLDD) 
Last great lakes dredge & dock corporation earnings: 2/19 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: gldd.com
Company Research Source: GlobeNewswire
Full year net income from continuing operations of $55.7 million Full year Adjusted EBITDA from continuing operations of $135.6 millionNet debt reduction of $163.2 million for the full year Backlog of $589.4 million at December 31, 2019 OAK BROOK, Ill., Feb. 19, 2020 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (Nasdaq:GLDD), the largest provider of dredging services in the United States, today reported financial results for the quarter and year ended December 31, 2019. Fourth Quarter 2019 Highlights Revenue was $164.3 million in the fourth quarter, a decrease of $8.9 million compared with the prior year fourth quarter. Gross profit margin percentage increased to 21.0% in the fourth quarter compared with 20.6% in the prior year fourth quarter.Total operating income from continuing operations was $22.2 million, an increase of $5.5 million over the prior year fourth quarter.Net income from continuing operations was $14.8 million, an increase of $9.8 million over the Show less Read more
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