Great Lakes Reports Third Quarter 2024 Results
Great Lakes Dredge & Dock Corporation (GLDD)
Last great lakes dredge & dock corporation earnings: 2/19 08:00 am
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gldd.com
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Source: GlobeNewswire
Third quarter net income of $8.9 million Third quarter adjusted EBITDA of $27.0 millionRecord dredging backlog of $1.21 billion at September 30, 2024 HOUSTON, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Revenue was $191.2 millionTotal operating income was $16.7 millionNet income was $8.9 millionAdjusted EBITDA was $27.0 millionRecord dredging backlog of $1.21 billion Management Commentary Lasse Petterson, President and Chief Executive Officer, commented, “Great Lakes had a solid third quarter with strong project performance and substantial project wins in the bid market. During the quarter, Great Lakes was awarded $543.0 million of new work, including three port deepening projects capturing 81% of the third quarter capital market
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GLDD
News
- Great Lakes Dredge & Dock's Cape Hatteras and Cape Canaveral Multi Cat Vessels Win Prestigious WorkBoat's Significant Boat of the Year Award [Yahoo! Finance]Yahoo! Finance
- Great Lakes Dredge & Dock’s Cape Hatteras and Cape Canaveral Multi Cat Vessels Win Prestigious WorkBoat’s Significant Boat of the Year AwardGlobeNewswire
- Can Strong Order Flow Extend GLDD Stock's Impressive 65% YTD Surge? [Forbes]Forbes
- Great Lakes Dredge & Dock Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- Update: GLDD, November 5 [Forbes]Forbes
GLDD
Earnings
- 11/5/24 - Miss
GLDD
Sec Filings
- 11/15/24 - Form 4
- 11/15/24 - Form SCHEDULE
- 11/14/24 - Form 144
- GLDD's page on the SEC website