Great Lakes Reports Third Quarter Results
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Great Lakes Dredge & Dock (GLDD) Tops Q3 EPS by 13c, Revenues Beat
November 6, 2018 8:06 AM ESTGreat Lakes Dredge & Dock (NASDAQ: GLDD) reported Q3 EPS of $0.18, $0.13 better than the analyst estimate of $0.05. Revenue for the quarter came in at $204.3 million versus the consensus estimate of $186.75 million.
Chief Executive Officer Lasse Petterson commented, Today we announced continued strong performance including a record quarter for Great Lakes Adjusted EBITDA from continuing operations. During the quarter, we saw strong results from our dredging operations, in particular on our Charleston II project where three of the largest dredges in the... More
