Great Lakes Dredge & Dock: 2Q Earnings Snapshot
OAK BROOK, Ill. (AP) _ Great Lakes Dredge & Dock Corp. (GLDD) on Wednesday reported second-quarter net income of $8.2 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Oak Brook, Illinois-based company said it had net income of 13 cents. Earnings, adjusted to account for discontinued operations, came to 18 cents per share.
The provider of dredging and dock-contracting services posted revenue of $184.8 million in the period.
Great Lakes Dredge & Dock shares have increased 59% since the beginning of the year. The stock has more than doubled in the last 12 months.