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GLDD - Great Lakes Dredge Dock Corporation Stock Trading
Great Lakes Dredge & Dock Corporation Company Name:
GLDD Stock Symbol:
NASDAQ Market:
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HOUSTON, Aug. 24, 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 today the receipt of several major dredg...
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Corrected Model. An incorrect Income Statement model was attached to our second quarter update entitled "When It Rains..." and published August 3, 2022. A corrected version is attached. The error involves our full year 2022 revenue and adjusted EBITDA. The correct numbers are $692.8 million an...
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2Q22 Operating Results. Revenue of $149.3 million fell short of our $185 million estimate and consensus $181 million. Gross margin declined to 7.0% versus our 21.6% expectation. Adjusted EBITDA for the quarter was $10.15 million versus our $35.8 million estimate. The Company reported a loss of...
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