Great Lakes Dredge & Dock (GLDD) Misses Q3 EPS by 7c, Sales Miss

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Great Lakes Reports Third Quarter Results

November 7, 2017 8:01 AM EST

OAK BROOK, Ill., Nov. 07, 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 September 30, 2017.

For the quarter ended September 30, 2017, Great Lakes reported revenue of $163.3 million, net loss from continuing operations of $4.9 million and Adjusted EBITDA from continuing operations of $11.3 million.Chief Executive Officer Lasse Petterson commented, "As communicated in our recent Business Update, we have completed an extensive... More