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Large award in New York out. Late Friday, a $47.5 million award (W912DS21C0018) was posted on the DoD web site. GLDD was one of two bidders for work to be performed in New York, New York, with an estimated completion date of March 31, 2022. We don't have any additional details, but the short-t...
2Q2021 EBITDA of $20 million was dragged down by higher costs and downtime/delays due to COVID-19. For the second consecutive quarter, 2Q2021 operating results were softer than expected due to COVID-19 disruptions and unexpected downtime. Despite increasing vaccination rates amongst crews, ext...
Great Lakes Dredge & Dock Corp (GLDD) Q2 2021 Earnings Conference Call August 03, 2021, 10:00 ET Company Participants Tina Baginskis - Director, IR Lasse Petterson - CEO, President & Director Mark Marinko - SVP & CFO Conference Call Participants Adam Thalhimer - Thompson Davis Jon...
Great Lakes Dredge & Dock (NASDAQ:GLDD): Q2 GAAP EPS of $0.03 misses by $0.16. Revenue of $169.91M (+1.2% Y/Y) misses by $9.74M. Press Release For further details see: Great Lakes Dredge & Dock EPS misses by $0.16, misses on revenue
Second quarter net income of $2.1 million First half net income of $10.9 million Second quarter adjusted EBITDA of $20.2 million First half adjusted EBITDA $47.1 million HOUSTON, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Doc...
Senators were back on Capitol Hill on Sunday as a bipartisan group of lawmakers put the finishing touches on a $1T infrastructure package. Touting the long-term economic benefits of the bill, key Democratic Senator Joe Manchin said the 2,702-page measure was likely to pass before the end of t...
HOUSTON, July 27, 2021 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three and six months ended June 30, 2021 on Tuesday, August 3, 2021 at 7:00 a.m. C.D.T. A conference call with the Company w...
Morgan City, LA: Conrad Shipyard hosted a Steel Cutting Ceremony for Great Lakes Dredge & Dock Company (GLDD) at its shipyard in Morgan City, Louisiana. The ceremony signifies the start of construction of two Damen-designed Multi-Cat vessels, the first Multi-Cats to be built in the U.S. De...
The Biden Administration is set to turn its attention seriously towards a massive infrastructure bill with hopes of passing legislation this summer. While most of the obvious names have rallied sharply, many are reasonably valued and recently have fallen off their highs providing an o...
USACE award announced. Last week, GLDD was low bidder on a project related to maintenance dredging in Louisiana. A fully crewed and equipped hopper dredge will be leased out for $24.3 million for work that should be completed in early 4Q2022. Environmental litigation will cost up to $3 mi...
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2024-07-01 22:48:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
HOUSTON, June 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, announced today that its President and Chief Executive Officer, Lasse Pette...