Great Lakes Reports First Quarter 2024 Results
Retrieved on:
星期二, 五月 7, 2024
Vineyard Wind, Investment, Cyclone, Growth, Wind, Farm, Legislation, GAAP, Congress, Beneficial use, PIN, Annual report, Water, Water resources, Corps, Infection, Projection, Energy, Disaster, Climate change, Ecosystem, Reputational damage, Safety, Insurance, Public expenditure, Empire Wind, River, Government, Disposal, GLDD, Sale, Language, MBE, Policy, Depreciation, Power purchase agreement, Security (finance), WRDA, Professional, DBE, Acquisition, PSLRA, Adjustment, Liquefied natural gas, Sunrise, Texas Coastal Bend
HOUSTON, May 07, 2024 (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 first quarter ended March 31, 2024.
Key Points:
- Dredging backlog of $879.4 million at March 31, 2024
HOUSTON, May 07, 2024 (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 first quarter ended March 31, 2024. - Lasse Petterson, President and Chief Executive Officer commented, “Great Lakes ended the first quarter with strong financial results, including net income of $21.0 million and adjusted EBITDA of $42.9 million, which is the best adjusted EBITDA quarter since the fourth quarter of 2021, supporting a return to normalcy.
- Great Lakes cautions investors that any forward-looking statements made by Great Lakes are not guarantees or indicative of future performance.
- Great Lakes' future financial condition and results of operations, as well as any forward-looking statements, are subject to change and inherent risks and uncertainties.