Great Lakes Dredge & Dock (GLDD) Reports Q1 Loss of $0.27

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Go back to Great Lakes Dredge & Dock (GLDD) Reports Q1 Loss of $0.27

Great Lakes Reports First Quarter Results

May 3, 2017 8:00 AM EDT

OAK BROOK, Ill., May 03, 2017 (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, 2017.

For the three months ended March 31, 2017, Great Lakes reported revenue of $170.6 million, net loss from continuing operations of $3.7 million and Adjusted EBITDA from continuing operations of $14.2 million.

Chief Financial Officer Mark Marinko commented, The Companys first quarter 2017 results were in line with our... More