Great Lakes Dredge & Dock (GLDD) Tops Q1 EPS by 25c

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Go back to Great Lakes Dredge & Dock (GLDD) Tops Q1 EPS by 25c

Great Lakes Reports Strong First Quarter

April 30, 2019 8:02 AM EDT

First quarter net income from continuing operations $20.5 million

First quarter adjusted EBITDA from continuing operations $43.8 million

Cash borrowings reduced to zero; Cash position of $123 million

OAK BROOK, Ill., April 30, 2019 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD), the largest provider of dredging services in the United States, today reported financial results for the quarter ended March 31, 2019.

First Quarter 2019 Highlights

Revenue was $192.6 million in... More