Great Lakes Reports First 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
First quarter net income of $21.0 millionFirst quarter adjusted EBITDA of $42.9 millionDredging backlog of $879.4 million at March 31, 2024 HOUSTON, May 07, 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 first quarter ended March 31, 2024. First Quarter 2024 Highlights Revenue was $198.7 millionTotal operating profit was $31.5 millionNet income was $21.0 millionAdjusted EBITDA was $42.9 million Management Commentary Lasse Petterson, President and Chief Executive Officer commented, “Great Lakes ended the first quarter with strong financial results, including net income of $21.0 million and adjusted EBITDA of $42.9 million, which is the best adjusted EBITDA quarter since the fourth quarter of 2021, supporting a return to normalcy. The majority of our dredges were actively engaged on projects and our new hopper
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News
- Great Lakes Dredge & Dock Co. (NASDAQ: GLDD) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- New Strong Buy Stocks for May 13th [Yahoo! Finance]Yahoo! Finance
- Great Lakes Dredge & Dock Co. (NASDAQ: GLDD) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Great Lakes Dredge & Dock First Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
GLDD
Earnings
- 5/7/24 - Beat
GLDD
Analyst Actions
- 2/21/24 - TheStreet
GLDD
Sec Filings
- 5/14/24 - Form 8-K
- 5/13/24 - Form 8-K
- 5/7/24 - Form 10-Q
- GLDD's page on the SEC website