Houston-headquartered dredging giant Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD) yesterday reported financial results for the quarter and year ended December 31, 2023. The numbers seemed to please investors, with the company’s share price up by 17.8% at the end of the trading day.
HIGHLIGHTS
Fourth quarter 2023 results
- Revenue was $181.7 million
- Total operating profit was $30.5 million
- Net income was $21.6 million (includes $5.6 million gain related to the termination of an offshore wind...
https://www.marinelog.com/inland-coastal/dredging/gldd-ends-year-with-1-04-billion-backlog/