Great Lakes Dredge & Dock

Great Lakes Dredge & Dock Corp. engages in the provision of dredging services. It owns and operates a diverse fleet in the United States dredging industry. The company was founded by William A. Lydon and Frederick C. Drews in 1890 and is headquartered in Houston, TX.

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Great Lakes Dredge & Dock faces challenges but eyes growth

Great Lakes Dredge & Dock navigated challenges in Q4 2022, but remains optimistic about future growth opportunities.
Despite a net loss in 2022, GLDD's strong competitive position and focus on cost savings planning indicate resilience.
The company's strategic actions to adjust to market conditions and secure backlog projects position it well for future success.

Great Lakes Dredge & Dock reports improved Q1 results and eyes offshore wind market for growth

Great Lakes Dredge & Dock showed improved performance in Q1 2023 with a focus on cost management and strategic growth initiatives.
While challenges like competition and market uncertainties exist, opportunities in offshore wind and government support present avenues for growth.
Maintaining financial stability, managing capital expenditures, and seizing growth opportunities are key focus areas for the company.

Great Lakes Dredge & Dock (GLDD) reports robust Q2 performance and eyes growth opportunities

Great Lakes Dredge & Dock (GLDD) demonstrated resilience and growth potential in Q2 2023 through improved financial performance and strategic initiatives.
While facing challenges from a delayed bid market, GLDD's proactive cost-saving measures and project wins signal a positive outlook for the company.
With a strong backlog, new project opportunities, and entry into the offshore wind market, GLDD is poised for continued success and expansion.

GLDD faces challenges but maintains strong backlog and growth focus

Great Lakes Dredge & Dock navigated a challenging quarter with resilience, focusing on cost efficiency and strategic growth initiatives.
Despite operational hurdles, the company maintained a strong backlog, improved profit margins, and positioned itself for future revenue growth.
Monitoring market developments and project viability while managing financial risks are key priorities for GLDD's sustainable growth and competitiveness.
With a strategic focus on operational improvements, financial stability, and market opportunities, GLDD aims for improved results and shareholder value in the coming years.

Great Lakes Dredge & Dock reports strong Q4 performance and eyes offshore wind market for growth

Great Lakes Dredge & Dock (GLDD) had a strong Q4 2023 marked by improved performance, record backlog, and cost reductions. Despite challenges in the offshore wind market, the company is strategically positioned for growth with opportunities in diversification and new build programs.

Great Lakes Dredge & Dock excels in Q1 2024, eyes offshore wind growth

Great Lakes Dredge & Dock delivered a strong performance in Q1 2024, marked by robust financial results and successful project execution.
While facing challenges in vessel utilization and margin management, the company's strategic strengths and growth opportunities position them for continued success.
By capitalizing on the favorable market conditions and government support, GLDD aims to drive growth and profitability in the dredging and offshore wind sectors.

Great Lakes Dredge & Dock reports strong Q2 performance and growth opportunities

GLDD's Q2 performance reflects solid financial results and a positive outlook for future growth.
The company's strengths lie in securing credit support, maintaining project continuity, and high utilization expectations.
Challenges include limited vessel growth potential and scheduling constraints, while opportunities exist in various markets and projects.

Great Lakes Dredge & Dock reports strong Q3 results and eyes growth opportunities in 2025

GLDD's Q3 performance reflects solid financial results, driven by new contracts and operational advancements.
While facing capital expenditure challenges, the company's liquidity position and positive outlook for 2025 present opportunities for growth.
Strategic focus on increasing utilization, addressing margin performance, and capital allocation will be key to sustaining momentum.

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Great Lakes Dredge & Dock Corp. engages in the provision of dredging services. Its projects include channel and port maintenance, channel deepening and port expansion, coastal protection and restoration, as well as land reclamation. The company was founded by William A. Lydon and Frederick C. Drews in 1890 and is headquartered in Houston, TX.

HOUSTON, June 04, 2021 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes") (NASDAQ:GLDD), the largest provider of dredging services in the United States announced their participation in the Stifel Virtual Cross Sector Insight Conference on Wednesday, June 9, 2021.

Great Lakes to Participate in the Stifel Virtual Cross Sector Insight Conference on Wednesday, June 9th

HOUSTON, May 26, 2021 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes") (NASDAQ:GLDD), the largest provider of dredging services in the United States announced their participation in Noble Capital Markets Virtual Road Show Series, presented by Channelchek, scheduled for June 2, 2021.

Great Lakes Announces Participation in the Noble Capital Markets Virtual Road Show

HOUSTON, May 13, 2021 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes") (NASDAQ:GLDD), the largest provider of dredging services in the United States announced today the receipt of several major dredging awards totaling $112.8 million.

Great Lakes Announces Receipt of $112.8 Million in Awarded Work

HOUSTON, May 10, 2021 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) (“Great Lakes” or the “Company”) (NASDAQ: GLDD), announced today that, subject to market conditions, it plans to offer $325 million aggregate principal amount of fixed-rate, unsecured senior notes (the “New Notes”) in a proposed private offering that will not be registered under the Securities Act of 1933, as amended (the “Securities Act”).

Great Lakes Dredge & Dock Corporation Announces Private Offering of Senior Notes

Great Lakes Dredge & Dock's (GLDD) CEO Lasse Petterson on Q1 2021 Results - Earnings Call Transcript

Great Lakes Dredge & Dock (GLDD) delivered earnings and revenue surprises of -23.53% and 2.98%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Great Lakes Dredge & Dock (GLDD) Q1 Earnings Miss Estimates

Shares of Great Lakes Dredge & Dock (NASDAQ:GLDD) remained unaffected after the company reported Q1 results. Quarterly Results Earnings per share were down 75.00% over the past year to $0.13, which missed the estimate of $0.21.

Great Lakes Dredge & Dock: Q1 Earnings Insights

HOUSTON, April 27, 2021 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three months ended March 31, 2021 on Tuesday, May 4, 2021 at 7:00 a.m. C.D.T. A conference call with the Company will be held the same day at 9:00 a.m. C.D.T. The call in number is (877) 377-7553 and Conference ID is 8696297. The conference call will be available by replay until Thursday, May 6, 2021 by calling (855) 859-2056 and providing Conference ID 8696297. The live call and replay can also be heard on the Company's website, www.gldd.com, under Events on the investor relations page. A copy of the press release will be available on the Company's website.

Great Lakes Dredge & Dock Corporation Schedules Announcement Of 2021 First Quarter Results

Great Lakes Dredge & Dock (GLDD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Great Lakes Dredge & Dock (GLDD) to Report a Decline in Earnings: What to Look Out for

New York, New York--(Newsfile Corp. - April 1, 2021) - Levi & Korsinsky announces it has commenced an investigation of Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) concerning possible breaches of fiduciary duty. To obtain additional information, go to:https://www.zlk.com/compensation2/great-lakes-dredge-dock-corporation-information-request-formor contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Great Lakes Dredge & Dock Corporation (GLDD)

Great Lakes Dredge & Dock is an underfollowed stock in a niche and government-protected industry.

Great Lakes Dredge & Dock: A 'Champagne And Reefer' GARP Selection

HOUSTON, March 22, 2021 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes") (NASDAQ:GLDD), the largest provider of dredging services in the United States announced today the receipt of several major dredging awards totaling $90.3 million.

Great Lakes Announces Receipt of $90.3 Million in Awarded Work

Great Lakes Dredge & Dock Corp. (GLDD) CEO Lasse Petterson on Q4 2020 Results - Earnings Call Transcript

Great Lakes Dredge & Dock (GLDD) delivered earnings and revenue surprises of -20.00% and -8.92%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Great Lakes Dredge & Dock (GLDD) Misses Q4 Earnings and Revenue Estimates

Shares of Great Lakes Dredge & Dock (NASDAQ:GLDD) remained unaffected after the company reported Q4 results. Quarterly Results Earnings per share were down 39.13% year over year to $0.14, which missed the estimate of $0.19.

Recap: Great Lakes Dredge & Dock Q4 Earnings

Fourth quarter income from continuing operations of $10.6 million

Great Lakes Reports Fourth Quarter and Full Year Results

Earnings Preview: Great Lakes Dredge & Dock (GLDD) Q4 Earnings Expected to Decline

HOUSTON, Feb. 10, 2021 (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, 2020 on Wednesday, February 17, 2021 at 7:00 a.m. C.S.T. A conference call with the Company will be held the same day at 9:00 a.m. C.S.T. The call in number is (877) 377-7553 and Conference ID is 4967097. The conference call will be available by replay until Friday, February 19, 2021 by calling (855) 859-2056 and providing Conference ID 4967097. The live call and replay can also be heard on the Company's website, www.gldd.com, under Events on the investor relations page. A copy of the press release will be available on the Company's website.

Great Lakes Dredge & Dock Corporation Schedules Announcement of 2020 Fourth Quarter Results

HOUSTON, Jan. 27, 2021 /PRNewswire/ -- Great Lakes Dredge & Dock Co. (NASDAQ: GLDD), the nation's largest provider of dredging services, announced today its appointment of industry veteran Eleni Beyko as senior vice president offshore wind – a strategic growth area for the company. Beyko,...

Great Lakes Dredge & Dock Co. names Eleni Beyko to lead its entry into offshore wind

OAK BROOK, Ill., Jan. 11, 2021 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes") (NASDAQ:GLDD), the largest provider of dredging services in the United States announced today the receipt of several major dredging awards totaling $60.9 million which will be included in the year-end 2020 backlog number.

Great Lakes Announces Receipt of $60.9 Million in Awarded Work

HOUSTON, Dec. 3, 2020 /PRNewswire/ -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) announced today the company is moving forward with the design and development of the first U.S.-flagged Jones Act compliant, inclined fallpipe vessel for subsea rock installation. The vessel...

Great Lakes Dredge & Dock Corporation Advances US Offshore Wind Energy Industry with Decision to Design First Jones Act Compliant, Purpose-built Vessel for Subsea Rock Installation

Great Lakes Dredge & Dock is a 138-year-old company specializing in coastal and harbor dredging, and coastal restoration. It is the largest US dredging company. If share prices break above $12 (currently at $11.12), the pattern will become a Spread Triple Top Breakout. This is an immensely powerful bullish trading signal.

Great Lakes Dredge & Dock: Buy This 'Rollin', Rollin', Rollin'' Infrastructure Stock

Great Lakes Dredge & Dock Corp (GLDD) CEO Lasse Petterson on Q3 2020 Results - Earnings Call Transcript

  Shares of Great Lakes Dredge & Dock (NASDAQ:GLDD) remained unaffected after the company reported Q3 results.

Great Lakes Dredge & Dock: Q3 Earnings Insights

OAKBROOK TERRACE, Ill., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three and nine months ended September 30, 2020 on Wednesday, November 4, 2020 at 7:00 a.m. C.S.T. A conference call with the Company will be held the same day at 9:00 a.m. C.S.T. The call in number is (877) 377-7553 and Conference ID is 1494155. The conference call will be available by replay until Friday, November 6, 2020 by calling (855) 859-2056 and providing Conference ID 1494155. The live call and replay can also be heard on the Company's website, www.gldd.com, under Events on the investor relations page. A copy of the press release will be available on the Company's website.

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