GLDD is transitioning to a more cash-generative phase as its major capex cycle winds down, supporting a constructive outlook. A record ~$1 billion backlog, with high-margin capital and coastal projects, provides strong revenue visibility into 2025 and 2026. Fleet modernization, highlighted by the Acadia vessel, positions GLDD for growth in offshore energy, though execution risks remain beyond 2...
Great Lakes Dredge & Dock just delivered solid Q2 results, beating earnings and revenue expectations with 14% year-over-year revenue growth. The company is repurchasing shares, is completing a new build program, and should see a large bump in FY2026 in free cash flow. Great Lake Dredge & Dock also has a large order backlog. An updated analysis of this infrastructure concern is provided in the p...
Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD ) Q2 2025 Earnings Call August 5, 2025 10:00 AM ET Company Participants Eric Birge - Vice President of Investor Relations and Finance Lasse J. Petterson - CEO, President & Director Scott Lee Kornblau - Senior VP & CFO Conference Call Participants Joseph Anthony Gomes - NOBLE Capital Markets, Inc., Research Division Julio Alberto Romero - Sidoti...
Second quarter net inc ome of $9.7 million Second quarter Adjusted EBITDA of $28.0 million Dredging backlog o f $1 billion at June 30 , 2025 HOUSTON, Aug. 05, 2025 (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 second quarter ended ...
HOUSTON, July 28, 2025 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three months ended June 30, 2025, on Tuesday, August 5, 2025, 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.
HOUSTON, July 23, 2025 (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 announced a major milestone in its Offshore Energy strategy with the recent launch of the Acadia at Hanwha Philly Shipyard. The Acadia is the first U.S flagged, Jones Act-compliant subsea rock inst...
Aug. 1 tariff deadlines and a potential firing of Fed Chair Powell, according to reports, are reintroducing uncertainty for the markets, which have been volatile in both directions, despite major US indices notching new peaks. But who will bear the brunt of tariff increases? New tariff threats on the EU, Canada, and Mexico could impact consumer spending, which accounts for roughly two-thirds of...
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