Great Lakes Reports Record Full Year Results
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Great Lakes Dredge & Dock (GLDD) Tops Q4 EPS by 9c, Revenues Miss
February 19, 2020 8:02 AM ESTGreat Lakes Dredge & Dock (NASDAQ: GLDD) reported Q4 EPS of $0.23, $0.09 better than the analyst estimate of $0.14. Revenue for the quarter came in at $164.3 million versus the consensus estimate of $184.05 million.
Fourth Quarter 2019 Highlights
Revenue was $164.3 million in the fourth quarter, a decrease of $8.9 million compared with the prior year fourth quarter. Gross profit margin percentage increased to 21.0% in the fourth quarter compared with 20.6% in the prior year fourth quarter.Total operating income from continuing operations was $22.2 million, an increase of $5.5 million over the prior year fourth quarter.Net income... More