Great Lakes Dredge & Dock (GLDD) Reports In-Line Q1 EPS
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Great Lakes Reports First Quarter Results -- Earnings Per Share Meets Consensus Estimate & Backlog Remains Robust at $710 Million
May 3, 2016 8:03 AM EDTOAK BROOK, Ill., May 03, 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 infrastructure services, today reported financial results for the quarter ended March 31, 2016.
For the three months ended March 31, 2016, Great Lakes reported revenue of $163.1 million, net loss of $4.0 million and Adjusted EBITDA of $13.0 million.
Chief Executive Officer Jonathan Berger commented, The Companys first quarter 2016 results were driven by the domestic dredging business, including strong performances on several coastal... More
