Imperial Capital Reiterates Outperform on Great Lakes Dredge & Dock (GLDD) Following a 4Q Review

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Great Lakes Reports Year-End Results

February 23, 2016 8:00 AM EST

Dredging Segment Reports 54% Increase in Full Year Operating Income over Prior Year

Ends Year with Strong Backlog of $751.0 Million

OAK BROOK, Ill., Feb. 23, 2016 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD), the largest provider of dredging services in the United States and a major provider of environmental and remediation services, today reported financial results for the quarter and year ended December 31, 2015.

For the three months ended December 31, 2015, Great Lakes reported revenue of $222.6 million, net loss from continuing operations of $0.8... More