The latest research, news, and more from GeoInvesting for Great Lakes Dredge & Dock Corpo (GLDD) /companies/gldd_great_lakes_dredge_and_dock_corpo/overview en-us Sun, 05 Apr 2026 03:46:34 GMT Sun, 05 Apr 2026 03:46:34 GMT 120 36647Wed, 30 Jul 2008 04:00:00 GMTGREAT LAKES DREDGE & DOCK CORPORATION is the largest provider of dredging services in the US conducting business to maintain and deepen shipping channels, reclaim land from the ocean, and renourish storm damaged coastline. The company also conducts around 25% of its operations internationally with a strong focus in the Middle East. Projects can generally be recognized to fall within a number of categories, namely, Maintenance projects to keep shipping channels and harbors at their required depths, Capital works to excavate, deepen or widen navigable waterways, Beach restoration for storm damaged coastline and Reclamation works to restore wetlands or create new land in the ocean./companies/gldd_great_lakes_dredge_and_dock_corpo/overview37729Thu, 01 Nov 2012 04:00:00 GMTGLDD is is the largest provider of dredging services in the US conducting business to maintain and deepen shipping channels, reclaim land from the ocean, and re-nourish storm damaged coastline. In early October of 2012 GLDD was awarded a $15.6 million contract for the re-nourishment of three New Jersey beaches. Also in early October of 2012 GLDD was awarded a $16.4 million for a reconstruction project in North Carolina. GLDD reported weaker then expected results for its fiscal 2012 third quarter. However, a portion of the expected revenue and gross margin has been pushed into the fiscal fourth quarter, which the company believes will be a record strong quarter. The company believes additional work from the aftermath of Hurricane Sandy is a very strong possibility, especially as add on's to the current projects they already have. Management did mention in its third quarter 2012 conference call that additional contracts are likely but, that the timing of the contracts is uncertain. We will monitor the GLDD story to see if additional work comes their way due to the effects from Hurricane Sandy./companies/gldd_great_lakes_dredge_and_dock_corpo/research&item=37729