(USD) | Dec 2023 | Q/Q |
---|---|---|
Revenue | 181.7MM | +55% |
Gross Profit | 38.7MM | - |
Cost Of Revenue | 143.1MM | +32% |
Operating Income | 30.5MM | -696% |
Operating Expenses | 8.1MM | - |
Net Income | 21.6MM | -450% |
G&A | 15.4MM | +8% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
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The company's planned bounce back in 2024 is off to a good start.
Great Lakes Dredge & Dock (GLDD) delivered earnings and revenue surprises of 416.67% and 12.59%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
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 m
Key Insights Great Lakes Dredge & Dock's Annual General Meeting to take place on 9th of May Total pay for CEO Lasse...
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
HOUSTON, April 24, 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 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 ha
Investing in stocks inevitably means buying into some companies that perform poorly. Long term Great Lakes Dredge...
Investment management company Cove Street Capital recently released its “Small Cap Value Fund” first quarter 2024 investor letter. A copy of the same can be downloaded here. In the first quarter, the fund returned 1.61% compared to 5.18% for the Russell 2000 Index and 2.90% for the Russell 2000 Value Index. The first quarter of calendar year 2024 […]
Key Insights Institutions' substantial holdings in Great Lakes Dredge & Dock implies that they have significant...
Great Lakes Dredge & Dock Corporation ( NASDAQ:GLDD ), might not be a large cap stock, but it received a lot of...