Great Lakes Reports Second Quarter Results

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Great Lakes Dredge & Dock (GLDD) Misses Q2 EPS by 5c

August 2, 2017 8:08 AM EDT

Great Lakes Dredge & Dock (NASDAQ: GLDD) reported Q2 EPS of ($0.02), $0.05 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $176.9 million versus the consensus estimate of $201.7 million.

Chief Executive Officer Lasse Petterson commented, During my first three months as CEO, I have continued to immerse myself in company operations, meeting with various stakeholders of our business... More