Feb. 24 at 2:39 PM
Noble Capital Markets Research Report: Great Lakes Dredge & Dock (
$GLDD) – Going Out On Top
Overview. Great Lakes reported solid 4Q25 results in its likely last quarter as a public company. A full quarter of work from the Amelia Island and higher capital and offshore energy revenue drove the results. Offshore energy revenue rose to
$24.1 million in the quarter, up from
$6.1 million in 3Q25. Higher costs associated with the pending merger and increased incentive compensation impacted operating income, which rose to
$32.6 million from
$30 million in 4Q24.
Read full report here: https://www.channelchek.com/news-channel/great-lakes-dredge-dock-gldd-going-out-on-top