U.S. Markets closed

Great Lakes Dredge & Dock: 1Q Earnings Snapshot

OAK BROOK, Ill. (AP) _ Great Lakes Dredge & Dock Corp. (GLDD) on Tuesday reported first-quarter net income of $17.2 million, after reporting a loss in the same period a year earlier.

The Oak Brook, Illinois-based company said it had net income of 27 cents per share. Earnings, adjusted to account for discontinued operations, came to 32 cents per share.

The provider of dredging and dock-contracting services posted revenue of $192.6 million in the period.

Great Lakes Dredge & Dock shares have climbed 42% since the beginning of the year. The stock has more than doubled in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GLDD at https://www.zacks.com/ap/GLDD