Great Lakes Dredge & Dock (GLDD) Misses Q2 EPS by 17c

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Great Lakes Reports Second Quarter Results

August 2, 2022 8:00 AM EDT

Second quarter net loss of $4.0 millionSecond quarter adjusted EBITDA of $10.2 millionBacklog of $373.8 million at June 30, 2022

HOUSTON, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (Great Lakes or the Company) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported financial results for the quarter ended June 30, 2022.

Second Quarter 2022 Highlights

Revenue was $149.4 million in the second quarterTotal operating loss was $0.3 million in the second... More