Great Lakes Dredge & Dock Corp GLDD

Industrials Conglomerates

Great Lakes Dredge & Dock Corporation is a provider of dredging services. The Company is also engaged in developing offshore wind energy. The Company operates three types of dredging equipment: hopper dredges, hydraulic dredges, and mechanical dredges. Its dredging generally involves the enhancement or preservation of the navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand, or rock. Domestically, its work generally is performed in coastal waterways and deep-water ports. Its United States dredging market consists of four primary types of work: capital, coastal protection, maintenance and rivers and lakes. The Company's capital dredging consists primarily of port expansion projects. The Company's domestic dredging fleet is positioned on the East and Gulf Coasts, with a smaller number of vessels positioned on the West Coast, and with many of the rivers and lakes dredges on inland rivers and lakes.

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Great Lakes Dredge & Dock Corp

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Post by whytestockson May 07, 2024 10:15am

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Great Lakes Reports First Quarter 2024 Results

Just In: $GLDD Great Lakes Reports First Quarter 2024 ResultsFirst quarter net income of $21.0 million First quarter adjusted EBITDA of $42.9 million Dredging backlog of $879.4 million at March 31, 2024 HOUSTON, May 07, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the &#x201C...GLDD - Great Lakes Reports First Quarter 2024 Results

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