“Great Lakes had an outstanding 2024, with strong project performance and exceptional financial results,” said Lasse Petterson, president and CEO of Houston-headquartered Great Lakes Dredge & Dock Corporation (Nasdaq: GLDD), as the company reported financial results for the fourth quarter and year ended December 31, 2024.
Fourth quarter 2024 highlights
Revenue was $202.8 million
Total operating income was $30.0 million
Net income was $19.7 million
Adjusted EBITDA was $40.2 million
Full year 2024...
https://www.marinelog.com/inland-coastal/dredging/gldd-ended-2024-with-1-2-billion-dredging-backlog/