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

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Great Lakes Reports Second Quarter Results

August 2, 2017 8:00 AM EDT

OAK BROOK, Ill., Aug. 02, 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 June 30, 2017.

For the three months ended June 30, 2017, Great Lakes reported revenue of $176.9 million, net loss from continuing operations of $1.1 million and Adjusted EBITDA from continuing operations of $17.6 million.

Chief Executive Officer Lasse Petterson commented, During my first three months as CEO, I have continued to immerse... More