Nov. 5 at 4:42 PM
Noble Capital Markets Research Report: Great Lakes Dredge & Dock (
$GLDD) – A Solid Third Quarter
3Q25 Results. Revenue was
$195.2 million, up
$4.X million y-o-y, although slightly below our
$200 million estimate. Adjusted EBITDA totaled
$39.3 million, or a 20.1% margin, up from
$27 million in 3Q24, and above our
$30.5 million estimate. Great Lakes reported EPS of
$0.26, up from
$0.13 in 3Q24 and our
$0.16 projection. Results were driven by high equipment utilization and strong project execution.
Read more: https://www.channelchek.com/news-channel/great-lakes-dredge-dock-gldd-a-solid-third-quarter