Great Lakes Dredge & Dock Corporation provides dredging services in the United States. The company engages in capital dredging that consists of port expansion projects, coastal restoration and land reclamations, trench digging for pipelines, tunnels and cables, and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures. It is also involved in coastal protection projects, which involves moving sand from the ocean floor to shoreline locations where erosion threatens shoreline assets; maintenance dredging, which consists of the re-dredging of previously deepened waterways and harbors to remove silt, sand and other accumulated sediments; land reclamations, channel deepening, and port infrastructure development; lake and river dredging, inland levee and construction dredging, environmental restoration and habitat improvement, and other marine construction projects. The company serves federal, state, and local governments; foreign governments; and domestic and foreign private concerns, such as utilities, oil, and other energy companies. It operates a fleet of 20 dredges, 17 material transportation barges, 1 drillboat, and various other support vessels. The company was formerly known as Lydon & Drews Partnership and changed its name to Great Lakes Dredge & Dock Corporation in 1905. Great Lakes Dredge & Dock Corporation was founded in 1890 and is headquartered in Houston, Texas.
IPO Year:
Exchange: NASDAQ
Website: gldd.com
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HOUSTON, Jan. 08, 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 that Dana Armstrong was elected to its Board of Directors. Her election as a new independent director was effective January 5, 2025, and increases the number of Board members to seven. Lawrence R. Dickerson, Chairman of the Board, commented, "On behalf of the Board, it is my great pleasure to welcome Dana Armstrong to the Great Lakes Board of Directors. Dana's election demonstrates the Company's commitment to Board refreshment and depth of knowledge and her wide-ranging experience and lead
HOUSTON, Jan. 08, 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 its Senior Vice President and Chief Financial Officer, Scott Kornblau, will be presenting and hosting one-on-one meetings with investors at the at CJS Securities 25th Annual New Ideas for the New Year Virtual Conference on Tuesday, January 14, 2025. The presentation will begin at 3:05 PM ET on Tuesday, January 14, 2025, and can be accessed live https://wsw.com/webcast/cjs7/gldd/1579725. The Company Great Lakes Dredge & Dock Corporation ("Great Lakes" or the
HOUSTON, Dec. 19, 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, announced today the receipt of several dredging awards totaling $182 million. The awarded work includes: Manasquan Inlet to Barnegat Inlet Ocean City Beach Renourishment Project (Coastal Protection, New Jersey, $73.6 million)Myrtle Beach Renourishment Project (Coastal Protection, South Carolina, $72.3 million) Sagaponack and Bridgehampton Beach Erosion Control District Nourishment Project (Coastal Protection, New York, $19.6 million)Phipps Ocean Park Beach Nourishment Project (Coastal Protection, F
HOUSTON, Nov. 26, 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, announced today that its President and Chief Executive Officer, Lasse Petterson, and Senior Vice President and Chief Financial Officer, Scott Kornblau, will present at NobleCon20 - Noble Capital Markets' Twentieth Annual Emerging Growth Equity Conference at Florida Atlantic University, Executive Education Complex, in Boca Raton, Florida on Tuesday, December 3, 2024, at 10:30 AM Eastern Standard Time. A high-definition video webcast of the presentation will be available the following day on the Compa
HOUSTON, Nov. 18, 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, announced that its newly launched Multi Cat dredge support vessels, Cape Hatteras and Cape Canaveral, have been awarded the prestigious 2024 Significant Boat of the Year title at the International WorkBoat Show. This award underscores the Company's commitment to safety, innovation, and operational excellence in the dredging and maritime sectors. The Cape Hatteras and Cape Canaveral, built by Conrad Shipyard in Morgan City, Louisiana, are 99-foot Damen 3013 Multi Cat vessels equipped with cutting-edg
Third quarter net income of $8.9 million Third quarter adjusted EBITDA of $27.0 millionRecord dredging backlog of $1.21 billion at September 30, 2024 HOUSTON, Nov. 05, 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 third quarter ended September 30, 2024. Third Quarter 2024 Highlights Revenue was $191.2 millionTotal operating income was $16.7 millionNet income was $8.9 millionAdjusted EBITDA was $27.0 millionRecord dredging backlog of $1.21 billion Management Commentary Lasse Petterson, President and Chief Executive Of
HOUSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) today announced that it will release the financial results for its three and nine months ended September 30, 2024 on Tuesday, November 5, 2024 at 7:00 a.m. C.S.T. A conference call with the Company will be held the same day at 9:00 a.m. C.S.T. Investors and analysts are encouraged to pre-register for the conference call by using the link below. Participants who pre-register will be given a unique PIN to gain immediate access to the call. Pre-registration may be completed at any time up to the call start time. To pre-register, go to https://register.vevent.com/register/BI597f0aa2b02d4d84a95557b7
HOUSTON, Oct. 01, 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, announced today the receipt of several dredging awards totaling $342.3 million. The awarded work includes: Sabine-Neches Waterway Channel Improvement, Contract 6 Project (Capital, Texas, $219.1 million)Canaveral Harbor Sand Bypass Project 5 (Coastal Protection, Florida, $40.6 million)Brigantine Inlet to Great Egg Harbor Inlet, Absecon Island Beach Renourishment Project (Coastal Protection, New Jersey, $38.2 million)Captiva Island Beach Renourishment Project (Coastal Protection, Florida, $26.7 milli
HOUSTON, Sept. 18, 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, announced today that its Senior Vice President and Chief Financial Officer, Scott Kornblau, will present at Noble Capital Markets' Basic Industries Emerging Growth Virtual Equity Conference on Wednesday, September 25, 2024, at 9:30 AM Eastern Standard Time. The broadcasted formal presentation will feature a fireside style Q&A. Scheduled 1x1 meetings on Thursday, September 26, 2024, with Scott Kornblau are also available for registered, qualified investor attendees. Attendees interested in viewing t
HOUSTON, Sept. 11, 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, announced today that its Senior Vice President and Chief Financial Officer, Scott Kornblau, will be presenting and hosting one-on-one meetings with investors at the Sidoti Small-Cap Virtual Investor Conference, taking place on Wednesday, September 18, 2024. The presentation will begin at 3:15 PM ET on Wednesday, September 18, 2024, and can be accessed live here https://sidoti.zoom.us/webinar/register/WN_Y17CJ-7-S7-naOdvjdrdoA . Great Lakes will also host virtual one-on-ones with investors on Wedne
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Ascent Industries Co. (NASDAQ:ACNT) ("Ascent" or the "Company"), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, today announced the appointment of Bill Steckel as chief financial officer, effective today. He succeeds Aaron Tam, who has resigned as CFO. Mr. Steckel brings to Ascent more than two decades of extensive experience in operational finance, financial planning and analysis and treasury across a wide range of industries, as well as expertise in capital markets and M&A. Prior to joining Ascent, he spent over five years in multiple CFO assignments for manufacturing, distribution and technology companies. Durin
HOUSTON, June 23, 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 announced today that its Chief Operating Officer, David E. Simonelli, will retire effective September 16, 2022. After his retirement, he will provide consulting services to the Company. Mr. Simonelli, who has spent forty-four years with Great Lakes, became the President of the Company's Dredging Division in 2010, and Chief Operating Officer in 2018. His commitment to project and employee safety, environmental protection, and successful project completion has contributed significantly to the Company's
HOUSTON, Oct. 01, 2021 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Co. (NASDAQ:GLDD), the nation's largest provider of dredging servicers, has appointed Scott Kornblau as its Senior Vice President and Chief Financial Officer effective immediately. In his role, Kornblau will be responsible for overseeing the company's financial operations including investor relations and strategic and profitable growth opportunities, while managing various accounting functions and information technology. Based in Houston, he will serve on the company's executive team and report to the President and Chief Executive Officer, Lasse Petterson. He succeeds Mark Marinko who has left the company to pursue other
HOUSTON, Jan. 27, 2021 /PRNewswire/ -- Great Lakes Dredge & Dock Co. (NASDAQ: GLDD), the nation's largest provider of dredging services, announced today its appointment of industry veteran Eleni Beyko as senior vice president offshore wind – a strategic growth area for the company. (PRNewsfoto/Great Lakes Dredge & Dock Co.) Beyko, who started on Jan. 25, brings more than 20 years' experience in program engineering, business leadership and project management in the automobile and offshore oil and gas markets. At GLDD, she is responsible for developing its offshore wind operations, including strategy and business development, tendering and project execution. Her app
Third quarter net income of $8.9 million Third quarter adjusted EBITDA of $27.0 millionRecord dredging backlog of $1.21 billion at September 30, 2024 HOUSTON, Nov. 05, 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 third quarter ended September 30, 2024. Third Quarter 2024 Highlights Revenue was $191.2 millionTotal operating income was $16.7 millionNet income was $8.9 millionAdjusted EBITDA was $27.0 millionRecord dredging backlog of $1.21 billion Management Commentary Lasse Petterson, President and Chief Executive Of
HOUSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) today announced that it will release the financial results for its three and nine months ended September 30, 2024 on Tuesday, November 5, 2024 at 7:00 a.m. C.S.T. A conference call with the Company will be held the same day at 9:00 a.m. C.S.T. Investors and analysts are encouraged to pre-register for the conference call by using the link below. Participants who pre-register will be given a unique PIN to gain immediate access to the call. Pre-registration may be completed at any time up to the call start time. To pre-register, go to https://register.vevent.com/register/BI597f0aa2b02d4d84a95557b7
Second quarter net income of $7.7 million Second quarter adjusted EBITDA of $25.8 million Dredging backlog of $807.9 million at June 30, 2024 HOUSTON, Aug. 06, 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 second quarter ended June 30, 2024. Second Quarter 2024 Highlights Revenue was $170.1 millionTotal operating income was $14.6 millionNet income was $7.7 millionAdjusted EBITDA was $25.8 million Management Commentary Lasse Petterson, President and Chief Executive Officer, commented, "De
HOUSTON, July 30, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) today announced that it will release the financial results for its three and six months ended June 30, 2024 on Tuesday, August 6, 2024 at 7:00 a.m. C.D.T. A conference call with the Company will be held the same day at 9:00 a.m. C.D.T. Investors and analysts are encouraged to pre-register for the conference call by using the link below. Participants who pre-register will be given a unique PIN to gain immediate access to the call. Pre-registration may be completed at any time up to the call start time. To pre-register, go to https://register.vevent.com/register/BI42711de8d7e8491e97341de99dae6b10
First quarter net income of $21.0 millionFirst quarter adjusted EBITDA of $42.9 millionDredging 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. First Quarter 2024 Highlights Revenue was $198.7 millionTotal operating profit was $31.5 millionNet income was $21.0 millionAdjusted EBITDA was $42.9 million Management Commentary Lasse Petterson, President and Chief Executive Officer commented, "Great Lakes ended the first quarter
HOUSTON, April 30, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) today announced that it will release the financial results for its three months ended March 31, 2024 on Tuesday, May 7, 2024 at 7:00 a.m. C.D.T. A conference call with the Company will be held the same day at 9:00 a.m. C.D.T. Investors and analysts are encouraged to pre-register for the conference call by using the link below. Participants who pre-register will be given a unique PIN to gain immediate access to the call. Pre-registration may be completed at any time up to the call start time. To pre-register, go to https://register.vevent.com/register/BId503a795e3a349eebb1ee1d193639e14 The liv
Fourth quarter net income of $21.6 millionFourth quarter adjusted EBITDA of $40.8 millionFull year net income of $13.9 millionFull year adjusted EBITDA of $73.0 millionRecord dredging backlog of $1.04 billion at December 31, 2023 HOUSTON, Feb. 14, 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 quarter and year ended December 31, 2023. Fourth Quarter 2023 Results Revenue was $181.7 millionTotal operating profit was $30.5 millionNet income was $21.6 million (includes $5.6 million gain related to the termination of an offs
HOUSTON, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) today announced that it will release the financial results for its three and twelve months ended December 31, 2023 on Wednesday, February 14, 2024 at 7:00 a.m. C.S.T. A conference call with the Company will be held the same day at 9:00 a.m. C.S.T. Investors and analysts are encouraged to pre-register for the conference call by using the link below. Participants who pre-register will be given a unique PIN to gain immediate access to the call. Pre-registration may be completed at any time up to the call start time. To pre-register, go to https://register.vevent.com/register/BIc85228ed2c3145ec8bfc
Third quarter net loss of $6.2 millionThird quarter adjusted EBITDA of $5.3 millionDredging backlog of $1.03 billion at September 30, 2023 HOUSTON, Nov. 07, 2023 (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 September 30, 2023. Third Quarter 2023 Highlights Revenue was $117.2 million for the third quarterTotal operating loss was $5.1 million for the third quarterNet loss was $6.2 million for the third quarterAdjusted EBITDA was $5.3 million for the third quarter Management Commentary Lass
HOUSTON, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) today announced that it will release the financial results for its three and nine months ended September 30, 2023 on Tuesday, November 7, 2023 at 7:00 a.m. C.S.T. A conference call with the Company will be held the same day at 9:00 a.m. C.S.T. Investors and analysts are encouraged to pre-register for the conference call by using the link below. Participants who pre-register will be given a unique PIN to gain immediate access to the call. Pre-registration may be completed at any time up to the call start time. To pre-register, go to https://register.vevent.com/register/BI92cc852803b34f5b8e1bcd9