reports
Moody's Ratings announces completion of a periodic review of ratings o...
Moody's Ratings (Moody's) has completed a periodic review of the ratings of Great Lakes Dredge & Dock Corporation and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 11 December 2025 in which we reassessed the appropriateness of the ra...
Great Lakes Dredge & Dock to Present at NobleCon21
Great Lakes Dredge & Dock to Present at NobleCon21 HOUSTON, Nov. 26, 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, announced today that its Senior Vice President and Chief Financial Officer, Scott Kornblau, will present at NobleCon21 - Noble Capital Markets’ Twenty First Annual Emerging Growth Equity Conference at Florida Atlantic University, Executive Education Complex, in Boca Raton, FL on Wednesday, December 3rd at 12:00 PM Eastern Standard Time. A high-def...
Great Lakes Receives S&P Global Ratings Upgrade to B
Great Lakes Receives S&P Global Ratings Upgrade to B HOUSTON, Nov. 25, 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, announced today that the Company’s issuer credit rating has been upgraded to “B” from “B-” by S&P Global Ratings (“S&P”) with the outlook remaining stable. S&P based its ratings upgrade in part due to the Company’s improved revenues, earnings and expanding margins along with decreasing capital expenditures that will support healthy free cash ...
Great Lakes Reports Third Quarter 2025 Results
Great Lakes Reports Third Quarter 2025 Results Third quarter net income of $17.7 millionThird quarter Adjusted EBITDA of $39.3 millionDredging backlog of $934.5 million at September 30, 2025 HOUSTON, Nov. 04, 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 third quarter ended September 30, 2025. Third Quarter 2025 Highlights Revenue was $195.2 millionTotal operating income was $28.1 millionNet income was $17.7 millionA...
Great Lakes Dredge & Dock Corporation Schedules Announcement of 2025 T...
Great Lakes Dredge & Dock Corporation Schedules Announcement of 2025 Third Quarter Results HOUSTON, Oct. 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 September 30, 2025, on Tuesday, November 4, 2025, at 7:00 a.m. CDT. A conference call with the Company will be held the same day at 9:00 a.m. CDT. 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 immed...
Great Lakes Announces Amendment to Upsize and Extend Maturity of Revol...
Great Lakes Announces Amendment to Upsize and Extend Maturity of Revolving Credit Facility and Repayment of Second Lien Notes HOUSTON, Oct. 27, 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, announced that on October 24, 2025, it completed an amendment to its existing Revolving Credit Facility, upsizing the facility by $100 million to $430 million and extending its maturity to October 2030. As part of this transaction, the Company utilized the increased revolve...
Great Lakes Announces Receipt of $134 million in Awarded Work
Great Lakes Announces Receipt of $134 million in Awarded Work HOUSTON, Oct. 01, 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, announced today the receipt of seven work awards totaling over $130 million. The awarded work includes: Mississippi River, Baton Rouge to the Gulf, Head of Passes Project (Maintenance, Louisiana, $27.9 million)South Atlantic Division (SAD) Regional Harbor Dredging Contract (Maintenance, North Carolina, $26.9 million)Baltimore Harbor an...
Great Lakes Dredge & Dock to Present at Sidoti Small Cap Virtual Confe...
Great Lakes Dredge & Dock to Present at Sidoti Small Cap Virtual Conference on Thursday September 18, 2025 HOUSTON, Sept. 10, 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, 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 Conference on Thursday September 18, 2025. The presentation will begin at 12:15 PM ET on Thursday Se...
Great Lakes Announces the Delivery of its Newest Hopper Dredge, the Am...
Great Lakes Announces the Delivery of its Newest Hopper Dredge, the Amelia Island HOUSTON, Aug. 20, 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 it took delivery of its newest Jones Act-compliant hopper dredge, the Amelia Island from the Conrad Shipyard in Morgan City, Louisiana. The Amelia Island supports the Company’s vision of continued modernization and diversification of our fleet. The Amelia Island is specially designed for efficie...
Great Lakes Reports Second Quarter 2025 Results
Great Lakes Reports Second Quarter 2025 Results Second quarter net income of $9.7 millionSecond quarter Adjusted EBITDA of $28.0 millionDredging backlog of $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 June 30, 2025. Second Quarter 2025 Highlights Revenue was $193.8 millionTotal operating income was $17.1 millionNet income was $9.7 millionAdjusted EBI...
Great Lakes Dredge & Dock Corporation Schedules Announcement of 2025 S...
Great Lakes Dredge & Dock Corporation Schedules Announcement of 2025 Second Quarter Results 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. 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 immediat...
Great Lakes Announces the Launch of the Acadia, the First U.S. Flagged...
Great Lakes Announces the Launch of the Acadia, the First U.S. Flagged, Jones Act Subsea Rock Installation Vessel 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 installation (SRI) vessel. The Acadia is engineered to transport and precisely instal...
Great Lakes Announces Receipt of Four Dredging Awards including Woodsi...
Great Lakes Announces Receipt of Four Dredging Awards including Woodside Louisiana LNG HOUSTON, June 30, 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, announced today the receipt of four work awards. The awarded work includes: Woodside Louisiana LNG (Capital, Louisiana, amount undisclosed)Galveston Entrance Channel and Houston Ship Channel from Bolivar to Redfish (Maintenance, Texas, $36.2 million)Mississippi River Hopper Dredge Contract No. 3 (Rental, Lo...
Great Lakes Reports First Quarter 2025 Results
Great Lakes Reports First Quarter 2025 Results First quarter net income of $33.4 millionFirst quarter Adjusted EBITDA of $60.1 millionDredging backlog of $1 billion at March 31, 2025 HOUSTON, May 06, 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 first quarter ended March 31, 2025. First Quarter 2025 Highlights Revenue was $242.9 millionTotal operating income was $49.9 millionNet income was $33.4 millionAdjusted...
Great Lakes Dredge & Dock Corporation Schedules Announcement of 2025 F...
Great Lakes Dredge & Dock Corporation Schedules Announcement of 2025 First Quarter Results HOUSTON, April 29, 2025 (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, 2025, on Tuesday, May 6, 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. 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...
Moody's Ratings announces completion of a periodic review of ratings o...
Moody's Ratings (Moody's) has completed a periodic review of the ratings of Great Lakes Dredge & Dock Corporation and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 19 March 2025 in which we reassessed the appropriateness of the ratin...
Great Lakes Announces $50 Million Share Repurchase Program
Great Lakes Announces $50 Million Share Repurchase Program HOUSTON, March 14, 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 that its Board of Directors has authorized a share repurchase program pursuant to which the Company may repurchase up to $50 million of its common stock. “Our business is strong, as we delivered in 2024 the second best results in our Company’s history,” said Lasse Petterson, President and Chief Executive Officer. “The outl...
Great Lakes Dredge & Dock to Present at Sidoti Small Cap Virtual Confe...
Great Lakes Dredge & Dock to Present at Sidoti Small Cap Virtual Conference on Wednesday, March 19, 2025 HOUSTON, March 12, 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, 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 Conference on Wednesday, March 19, 2025. The presentation will begin at 10:00 AM ET on Wednesday, Ma...
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