Great Lakes Dredge & Dock (GLDD) Misses Q4 EPS by 11c

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Great Lakes Reports Strong Fourth Quarter and Full Year Results

February 20, 2019 8:02 AM EST

Full year net income from continuing operations $11.0 million

Full year Adjusted EBITDA from continuing operations, excluding restructuring $109.8 million

Net debt reduction of $115 million for the full year

Backlog of over $707 million as of year-end 2018, up nearly $200 million from the prior year

Expects to divest Environmental and Infrastructure business in 2019 to focus on core dredging operations

OAK BROOK, Ill., Feb. 20, 2019 (GLOBE NEWSWIRE) -- Great Lakes... More