Posted on August 8, 2016
Great Lakes Dredge & Dock Corp. (GLDD) on Thursday reported a second-quarter loss of $1.7 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Oak Brook, Illinois-based company said it had a loss of 3 cents.
The provider of dredging and dock-contracting services posted revenue of $192.2 million in the period.
The company’s shares closed at $4.36. A year ago, they were trading at $5.33.
