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

HOUSTON, Sept. 09, 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 announced its participation in Noble Capital Markets' C-Suite Interview Series, presented by Channelchek. Great Lakes' President and Chief Executive Officer Lasse Petterson, SVP and Chief Financial Officer Scott Kornblau, and SVP, Offshore Wind Eleni Beyko, Ph.D. recently sat down with Noble Capital Markets Research Analyst Joe Gomes for this exclusive interview. Topics covered include: An update on the Acadia vessel and expected deliveryThe Acadia's competition in the domestic marketThe

HOUSTON, Aug. 29, 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 the Company's issuer credit rating has been upgraded to "B-" from "CCC+" by S&P Global Ratings ("S&P"). S&P based its ratings upgrade in part due to the Company's improved revenue and profitability in the first half of 2024. S&P also cited that the Company's strong backlog and recent awards gives visibility into improved cash flows through 2025. The stable rating reflects S&P's expectation that the Company will continue to expand revenue and improve profitability throughout the

HOUSTON, Aug. 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 the receipt of several dredging awards totaling $256.2 million. The awarded work includes: Mobile Harbor, Alabama Deepening and Widening – Phase 2A Dredging Project (Capital, Alabama, $65.9 million) Port Everglades Sand Bypass Dredging Project (Capital, Florida, $59.8 million) Barnegat Inlet to Little Egg Inlet, Long Beach Island Beach Renourishment Project (Coastal Protection, New Jersey, $54.4 million) Fire Island Inlet Dredging Project (Coastal Pr

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

SC 13G/A - Great Lakes Dredge & Dock CORP (0001372020) (Subject)

SC 13G/A - Great Lakes Dredge & Dock CORP (0001372020) (Subject)

SC 13G/A - Great Lakes Dredge & Dock CORP (0001372020) (Subject)

SC 13G/A - Great Lakes Dredge & Dock CORP (0001372020) (Subject)

SC 13G/A - Great Lakes Dredge & Dock CORP (0001372020) (Subject)

SC 13G/A - Great Lakes Dredge & Dock CORP (0001372020) (Subject)

SC 13G/A - Great Lakes Dredge & Dock CORP (0001372020) (Subject)

SC 13G/A - Great Lakes Dredge & Dock CORP (0001372020) (Subject)

SC 13G/A - Great Lakes Dredge & Dock CORP (0001372020) (Subject)

SC 13G - Great Lakes Dredge & Dock CORP (0001372020) (Subject)

On CNBC's “Mad Money Lightning Round,” Jim Cramer said Apple Inc. (NASDAQ:AAPL) is a “buy here.” Apple's iPhone sales in China increased by 52% year-on-year in April, Reuters cited from industry reports. When asked about Palantir Technologies Inc. (NYSE:PLTR), he said, “It's very tough to understand what they really do for the government. So, therefore, I am no longer going to say that that's a stock to own.” On May 6, Palantir said first-quarter revenue increased 21% year-over-year to $634 million, which beat the consensus estimate of $625.431 million. Axcelis Technologies, Inc. (NASDAQ:ACLS) is a “very good semiconductor that's been left behind,” Cramer said. “I find that very

U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling around 0.2% on Tuesday. The Dow traded up 0.01% to 38,857.00 while the NASDAQ fell 0.20% to 16,316.79. The S&P 500 also rose, gaining, 0.03% to 5,182.40. Check This Out: Top 3 Energy Stocks That Are Ticking Portfolio Bombs Leading and Lagging SectorsMaterials shares rose by 1% on Tuesday. In trading on Tuesday, consumer discretionary shares fell by 0.8%. Top Headline Shares of Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) jumped around 24% on Tuesday following better-than-expected first-quarter financial results. Great Lakes Dredge & Dock posted quarterly earnings of 31 cents per

Shares of Beyond, Inc. (NYSE:BYON) fell sharply during Tuesday’s session following weaker-than-expected quarterly results. Beyond posted adjusted loss of $1.22 per share, versus estimates for a loss of 87 cents per share. The company’s sales came in at $382.281 million versus estimates of $389.264 million, according to data from Benzinga Pro. Beyond shares dipped 20.8% to $17.34 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Golden Sun Health Technology Group Limited (NASDAQ:GSUN) shares gained 94.7% to $5.60. Golden Sun Health Technology Group regained compliance with Nasdaq continued listing requirement. MMTec, Inc. (NASDAQ:MTC) gained

Gainers Pineapple Energy (NASDAQ:PEGY) shares increased by 48.7% to $0.08 during Tuesday's regular session. The company's market cap stands at $7.1 million. Graphex Gr (AMEX:GRFX) shares moved upwards by 35.2% to $0.41. The market value of their outstanding shares is at $18.2 million. Gaucho Group Holdings (NASDAQ:VINO) stock rose 23.27% to $5.74. The market value of their outstanding shares is at $4.3 million. Great Lakes Dredge & Dock (NASDAQ:GLDD) stock rose 23.1% to $8.67. The company's market cap stands at $578.3 million. The company's, Q1 earnings came out today. Air Transport Services Gr (NASDAQ:ATSG) shares rose 14.56% to $15.18. The company's market cap stands at $997.0 million

U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 75 points on Tuesday. The Dow traded up 0.20% to 38,928.11 while the NASDAQ rose 0.24% to 16,388.57. The S&P 500 also rose, gaining, 0.29% to 5,195.98. Check This Out: Top 3 Energy Stocks That Are Ticking Portfolio Bombs Leading and Lagging SectorsReal estate shares rose by 1.1% on Tuesday. In trading on Tuesday, information technology shares fell by 0.2%. Top Headline Shares of UBS Group AG (NYSE:UBS) gained around 7% on Tuesday after the company reported strong first-quarter earnings. UBS posted GAAP earnings of 52 cents per share, beating market estimates of 24 cents per share.

U.S. stocks were higher, with the Dow Jones gaining over 80 points on Tuesday. Shares of Tempur Sealy International, Inc. (NYSE:TPX) rose sharply during Tuesday's session following upbeat quarterly earnings. Tempur Sealy reported a first-quarter FY24 sales decline of 1.5% year-on-year to $1.189 billion, missing the analyst consensus estimate of $1.213 billion. Adjusted EPS of 50 cents beat the analyst consensus of 48 cents, according to data from Benzinga Pro. Tempur Sealy International shares gained 6.6% to $53.48 on Tuesday. Here are some other big stocks recording gains in today's session. Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) shares jumped 31.5% to $9.26 fol

Great Lakes Dredge & Dock (NASDAQ:GLDD) reported quarterly earnings of $0.31 per share which beat the analyst consensus estimate of $0.07 by 342.86 percent. This is a 720 percent increase over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $198.66 million which beat the analyst consensus estimate of $173.50 million by 14.50 percent. This is a 25.70 percent increase over sales of $158.04 million the same period last year.

Great Lakes Dredge & Dock Corporation ("Great Lakes" or the "Company") (NASDAQ:GLDD), the largest provider of dredging services in the United States, announced that it has entered into a $150,000,000 5-year, senior secured second-lien credit agreement ("Second Lien Credit Agreement") with Guggenheim Credit Funding, LLC, on behalf of one or more clients. The Company borrowed $100,000,000 under the Second Lien Credit Agreement on the Closing Date and has the option to draw an additional $50,000,000 for a period of 12 months following the closing date of the initial loan. The loans under the Second Lien Credit Agreement funded on the Closing Date were used to repay amounts outstanding under the

Shares of Sony Group Corporation (NYSE:SONY) fell during Wednesday’s session after the company reported third-quarter financial results and revised guidance above estimates and shared plans to list its financial arm in October 2025. Sony Group reported third-quarter FY23 sales growth of 22% year-on-year to $25.34 billion (¥3.75 trillion), beating the consensus of $24.62 billion. Adjusted EPS of $1.99 beat the consensus of $1.65. Sony revised its FY23 sales outlook to $86.62 billion (¥12.4 trillion), down from a prior forecast of ¥12.3 trillion versus the consensus of $87.32 billion. Sony Group shares fell 6.3% to $89.86 on Wednesday. Here are some other stocks moving in today's mid-day