Great Lakes Dredge & Dock’s Cape Hatteras and Cape Canaveral Multi Cat Vessels Win Prestigious WorkBoat’s Significant Boat of the Year Award HOUSTON, Nov. 18, 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 that its newly launched Multi Cat dredge support vessels, Cape Hatteras and Cape Canaveral, have been awarded the prestigious 2024 Significant Boat of the Year title at the International WorkBoat Show. This award underscores the Company’s commitment ...
Great Lakes Reports Third Quarter 2024 Results Third quarter net income of $8.9 million Third quarter adjusted EBITDA of $27.0 millionRecord dredging backlog of $1.21 billion at September 30, 2024 HOUSTON, Nov. 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, today reported financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights Revenue was $191.2 millionTotal operating income was $16.7 millionNet income was $8.9 mil...
Great Lakes Dredge & Dock Corporation Schedules Announcement of 2024 Third Quarter Results HOUSTON, Oct. 29, 2024 (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, 2024 on Tuesday, November 5, 2024 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. Investors and analysts are encouraged to pre-register for the conference call by using the link below. Participants who pre-register will be given a unique PIN to...
Bullish Outlook Focused on Large- and Mid-Caps Considering constructive market dynamics and the recent S&P 500 (SPX) breakout above 5783 following several months of consolidation, we upgraded our outlook to bullish as of last week's U.S. Macro Vision report (10/15/24). Since late-July, we have been neutral on the SPX, preferring to buy near 5100-5200 support and sell near 5670-5783 resistance until there is a break in either direction. The verdict of the market is the only one that matters, and...
Bull Trap Still Brewing? The S&P 500 (SPX) continues to hold below 5783, which is the upper-end of an important target/resistance area (5670-5783) we have discussed since our 8/13/24 Compass, just after the SPX hit our 5100-5191 "expected pullback zone." 5670 was the prior all-time high set in July, while 5783 is 2% above 5670. The current "breakout" above 5670 is an extraordinarily weak one, which usually suggests a false breakout/bull trap is brewing; the SPX has spent nearly three weeks abov...
Great Lakes Announces Receipt of $342.3 Million in Awarded Work HOUSTON, Oct. 01, 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 the receipt of several dredging awards totaling $342.3 million. The awarded work includes: Sabine-Neches Waterway Channel Improvement, Contract 6 Project (Capital, Texas, $219.1 million)Canaveral Harbor Sand Bypass Project 5 (Coastal Protection, Florida, $40.6 million)Brigantine Inlet to Great Egg Harbor Inlet, Abseco...
Great Lakes Dredge & Dock to Present at Noble Capital Markets’ Basic Industries Emerging Growth Virtual Equity Conference on Wednesday, September 25, 2024 HOUSTON, Sept. 18, 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 Senior Vice President and Chief Financial Officer, Scott Kornblau, will present at Noble Capital Markets’ Basic Industries Emerging Growth Virtual Equity Conference on Wednesday, September 25, 2024, at 9:30 AM Eastern St...
Great Lakes Dredge & Dock to Present at Sidoti Small-Cap Virtual Investor Conference on Wednesday, September 18, 2024 HOUSTON, Sept. 11, 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 Senior Vice President and Chief Financial Officer, Scott Kornblau, will be presenting and hosting one-on-one meetings with investors at the Sidoti Small-Cap Virtual Investor Conference, taking place on Wednesday, September 18, 2024. The presentation will b...
Great Lakes Dredge & Dock Corporation Announces Participation in Noble Capital Markets’ C-Suite Interview Series HOUSTON, Sept. 09, 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 announced its participation in Noble Capital Markets’ C-Suite Interview Series, presented by Channelchek. Great Lakes’ President and Chief Executive Officer Lasse Petterson, SVP and Chief Financial Officer Scott Kornblau, and SVP, Offshore Wind Eleni Beyko, Ph.D. recently sat d...
Great Lakes Receives S&P Global Ratings Upgrade to B- HOUSTON, Aug. 29, 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 the Company’s issuer credit rating has been upgraded to “B-” from “CCC+” by S&P Global Ratings (“S&P”). S&P based its ratings upgrade in part due to the Company’s improved revenue and profitability in the first half of 2024. S&P also cited that the Company’s strong backlog and recent awards gives visibility into improved ca...
Great Lakes Announces Receipt of $256.2 Million in Awarded Work HOUSTON, Aug. 26, 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 the receipt of several dredging awards totaling $256.2 million. The awarded work includes: Mobile Harbor, Alabama Deepening and Widening – Phase 2A Dredging Project (Capital, Alabama, $65.9 million) Port Everglades Sand Bypass Dredging Project (Capital, Florida, $59.8 million) Barnegat Inlet ...
Great Lakes Reports Second Quarter 2024 Results Second quarter net income of $7.7 million Second quarter adjusted EBITDA of $25.8 million Dredging backlog of $807.9 million at June 30, 2024 HOUSTON, Aug. 06, 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 second quarter ended June 30, 2024. Second Quarter 2024 Highlights Revenue was $170.1 millionTotal operating income was $14.6 millionNet income was ...
Great Lakes Dredge & Dock Corporation Schedules Announcement of 2024 Second Quarter Results HOUSTON, July 30, 2024 (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, 2024 on Tuesday, August 6, 2024 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. Investors and analysts are encouraged to pre-register for the conference call by using the link below. Participants who pre-register will be given a unique PIN to gain i...
Great Lakes Dredge & Dock to Present at Sidoti June Virtual Conference on Thursday, June 13, 2024 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 Petterson, and its Senior Vice President, Chief Financial Officer, Scott Kornblau, will be presenting and hosting one-on-one meetings with investors at the Sidoti June Virtual Investor Conference, taking place on June 13, 2024. ...
Great Lakes Reports First Quarter 2024 Results 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 ...
Great Lakes Dredge & Dock Corporation Schedules Announcement of 2024 First Quarter Results HOUSTON, April 30, 2024 (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, 2024 on Tuesday, May 7, 2024 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. Investors and analysts are encouraged to pre-register for the conference call by using the link below. Participants who pre-register will be given a unique PIN to gain immediate ac...
Moody's Ratings (Moody's) affirmed Great Lakes Dredge & Dock Corporation's ("Great Lakes") B2 Corporate Family Rating (CFR), its B2-PD probability of default rating ("PDR"). The rating on the company's senior unsecured notes was downgraded to Caa1 from B3. The speculative grade liquidity ("SGL") rat...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.