EXHIBIT 99.1 Great Lakes Reports Third Quarter 2024 Results Third quarter net income of $8.9 million Third quarter adjusted EBITDA of $27.0 million Record dredging backlog of $1.21 billion at September 30, 2024 HOUSTON, Nov. 05, 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 third quarter ended September 30, 2024. Third Quarter 2024 Highlig ...

Great Lakes Dredge & Dock Corporation (GLDD) is scheduled to report results for the third quarter of 2024 on Nov. 5, before market open.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last quarter, earnings and revenues topped the Zacks Consensus Estimate by 266.7% and 3.1%, respectively. Moreover, on a year-over-year basis, both bottom and top lines grew.Notably, the company’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average ...

HOUSTON, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) today announced that it will release the financial results for its three and nine months ended September 30, 2024 on Tuesday, November 5, 2024 at 7:00 a.m. C.S.T. A conference call with the Company will be held the same day at 9:00 a.m. C.S.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 imme ...

Great Lakes Dredge & Dock (GLDD) closed at $11.52 in the latest trading session, marking a -1.62% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.27%. On the other hand, the Dow registered a gain of 0.65%, and the technology-centric Nasdaq increased by 0.26%. Coming into today, shares of the provider of dredging and dock-contracting services had gained 11.84% in the past month. In that same time, the Construction sector lost 2.03%, while the S&P 500 gained 2%. The ...

Great Lakes Dredge & Dock (GLDD) ended the recent trading session at $11.53, demonstrating a +0.61% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.76% for the day. Elsewhere, the Dow lost 0.75%, while the tech-heavy Nasdaq lost 1.01%. Prior to today's trading, shares of the provider of dredging and dock-contracting services had gained 16.94% over the past month. This has outpaced the Construction sector's gain of 2.69% and the S&P 500's gain of 4.3 ...

Great Lakes Dredge & Dock Corporation (GLDD) is benefiting from its focus on the new build program and the ongoing demand strength for dredging services. The consistent award wins reflect the favorable market trends and the strategic initiatives undertaken by the company. Other industry players that share space with GLDD, including EMCOR Group, Inc. (EME) , Granite Construction Incorporated (GVA) and MasTec, Inc. (MTZ) , are also benefiting from the favorable market trends and solid demand for public constr ...

Great Lakes Dredge & Dock (GLDD) closed the latest trading day at $11.62, indicating a -0.09% change from the previous session's end. This change lagged the S&P 500's daily gain of 0.71%. Elsewhere, the Dow saw an upswing of 1.03%, while the tech-heavy Nasdaq appreciated by 0.6%. Heading into today, shares of the provider of dredging and dock-contracting services had gained 23.85% over the past month, outpacing the Construction sector's gain of 8.51% and the S&P 500's gain of 6.41% in that time. Analysts an ...

The most recent trading session ended with Great Lakes Dredge & Dock (GLDD) standing at $11.27, reflecting a -0.62% shift from the previouse trading day's closing. This move lagged the S&P 500's daily loss of 0.17%. Meanwhile, the Dow lost 0.44%, and the Nasdaq, a tech-heavy index, lost 0.04%. Shares of the provider of dredging and dock-contracting services witnessed a gain of 21.28% over the previous month, beating the performance of the Construction sector with its gain of 3.88% and the S&P 500's gain of ...

Great Lakes Dredge & Dock Corporation (GLDD) has announced receiving $342.3 million worth of several dredging awards, thus further enhancing its backlog and revenue visibility in the upcoming years. Besides this, the company also has approximately $350 million in low bids and options pending award. This includes three works for which GLDD was a low bidder in the past two months, thereby bringing its potential total pipeline of work to more than $1.5 billion. More on Great Lakes' New Awards The company highl ...

Shares of Great Lakes Dredge & Dock Corp (GLDD, Financial) surged 9.84% in mid-day trading on Oct 2. The stock reached an intraday high of $11.78, before settling at $11.78, up from its previous close of $10.72. This places GLDD 0.04% below its 52-week high of $11.78 and 92.56% above its 52-week low of $6.12. Trading volume was 492,764 shares, 91.7% of the average daily volume of 537,448. Wall Street Analysts Forecast Based on the one-year price targets offered by 4 analysts, the average target price for Gr ...