GLDD News and Press, Great Lakes Dredge & Dock Corporation From 02/15/23

Great Lakes Dredge & Dock Corporation (GLDD) Q4 2022 Earnings Conference Call February 15, 2023, 10:00 AM ET Company Participants Tina Baginskis - Director, IR Lasse Petterson - President and CEO Scott Kornblau - CFO Conference Call Participants Adam Th...

The largest U.S. dredging company fell short of expectations in terms of both revenue and earnings, and the stock is taking on water as a result. Shares of Great Lakes Dredge & Dock (NASDAQ: GLDD) traded down more than 20% on Wednesday morning following its fourth-quarter earnings rel...

Great Lakes Dredge & Dock ( NASDAQ: GLDD ) -21.1% Wednesday to its lowest in more than four years after reporting a much larger than expected Q4 loss while revenues fell 20% Y/Y to $146M. Great Lakes Dredge ( GLDD ) swung to a Q4 loss of $16.2M, or $0.47/share, from a ...

Great Lakes Dredge & Dock press release ( NASDAQ: GLDD ): Q4 GAAP EPS of -$0.47. Revenue of $146.66M (-30.1% Y/Y) misses by $14.79M . For further details see: Great Lakes Dredge & Dock GAAP EPS of -$0.47, revenue of $146.66M misses by $14.79M

Fourth quarter net loss of $31.2 million Fourth quarter negative adjusted EBITDA of $24.2 million Full year net loss of $34.1 million Full year adjusted EBITDA of $17.0 million Net loss and adjusted EBITDA include $8.1 million charge for retirement of the T...

HOUSTON, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three and twelve months ended December 31, 2022 on Wednesday, February 15, 2023 at 7:00 a.m. C.S.T. A conference call with the Com...

HOUSTON, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced that it will be presenting at the 23rd Annual CJS S...

HOUSTON, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced an update on its fourth quarter 2022 operations. ...

Summary Great Lakes Dredge & Dock is the only publicly traded US dredging firm and has a substantial market share. USACE controls the majority of dredging contracts and is supported by $5.4+ billion of annual gov’t spending. The firm’s Sept 2022 TTM bid opportunities a...

HOUSTON, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, provided today an update on their fleet renewal program. ...