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HOUSTON, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today that the Company's issuer credit rating has been upgraded to “B” from “B-” by S&P Global Ratings (“S&P”) with the outlook remaining stable. S&P based its ratings upgrade in part due to th...
Great Lakes Dredge & Dock (GLDD) boasts industry-leading, rising ROE, driven by productivity gains, strong backlog, and effective management. GLDD's recent debt reduction, robust project pipeline, and entry into subsea rock installation support continued profitability and financial flexibility. Valuation remains attractive, with a Buy rating justified by upside potential, operational improvemen...
Great Lakes Dredge & Dock Corporation ( GLDD ) Q3 2025 Earnings Call November 4, 2025 10:00 AM EST Company Participants Eric Birge - Vice President of Investor Relations and Finance Lasse Petterson - CEO, President & Director Scott Kornblau - Senior VP & CFO Conference Call Participants Julio Romero - Sidoti & Company, LLC Joseph Gomes - NOBLE Capital Markets, Inc., Research Division Adam Thalh...
Third quarter net inc ome of $17.7 million Third quarter Adjusted EBITDA of $39.3 million Dredging backlog o f $934.5 million at September 30 , 2025 HOUSTON, Nov. 04, 2025 (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 third quarter...
HOUSTON, Oct. 28, 2025 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three months ended September 30, 2025, on Tuesday, November 4, 2025, at 7:00 a.m. CDT. A conference call with the Company will be held the same day at 9:00 a.m.
HOUSTON, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today the receipt of seven work awards totaling over $130 million. The awarded work includes: Mississippi River, Baton Rouge to the Gulf, Head of Passes Project (Maintenance, Louisiana, $27.9 m...
HOUSTON, Aug. 20, 2025 (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 announced it took delivery of its newest Jones Act-compliant hopper dredge, the Amelia Island from the Conrad Shipyard in Morgan City, Louisiana. The Amelia Island supports the Company's vision of ...
GLDD is transitioning to a more cash-generative phase as its major capex cycle winds down, supporting a constructive outlook. A record ~$1 billion backlog, with high-margin capital and coastal projects, provides strong revenue visibility into 2025 and 2026. Fleet modernization, highlighted by the Acadia vessel, positions GLDD for growth in offshore energy, though execution risks remain beyond 2...
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