Core Viewpoint - Great Lakes Dredge & Dock Corporation held its Q2 2025 earnings call, discussing key developments and financial performance for the quarter [1][2]. Group 1: Company Overview - The earnings call was led by Eric Birge, Vice President of Investor Relations, with participation from CEO Lasse Petterson and CFO Scott Kornblau [1][2][4]. - The company emphasized that certain statements made during the call are forward-looking and subject to various risks and uncertainties [3][4]. Group 2: Financial Performance - The call included discussions on non-GAAP financial measures, specifically adjusted EBITDA, with reconciliations available in the earnings release and on the investor website [4].

Core Insights - Great Lakes Dredge & Dock (GLDD) reported a revenue of $193.76 million for the quarter ended June 2025, reflecting a year-over-year increase of 13.9% [1] - The company's earnings per share (EPS) was $0.14, up from $0.11 in the same quarter last year, indicating a positive trend in profitability [1] - The reported revenue exceeded the Zacks Consensus Estimate of $174.33 million by 11.14%, showcasing a strong performance relative to market expectations [1] Financial Performance Metrics - Contract Revenues from Dredging - Capital reached $105.67 million, significantly surpassing the average estimate of $76 million, marking a year-over-year increase of 49.4% [4] - Contract Revenues from Dredging - Maintenance were reported at $22.85 million, slightly above the average estimate of $21.6 million, but showing a decline of 19.7% year-over-year [4] - Contract Revenues from Dredging - Coastal Protection totaled $65.23 million, falling short of the average estimate of $78.65 million, with a year-over-year decrease of 7.1% [4] Stock Performance - Over the past month, shares of Great Lakes Dredge & Dock have declined by 10.2%, contrasting with a 1% increase in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]