GLDD posts first quarter results – $177.6M revenue
May 5, 2021,
by
Eldin Ganic
Great Lakes Dredge & Dock Corporation (GLDD) yesterday reported financial results for the quarter ended March 31, 2021, saying that the revenue was $177.6 million in the first quarter.
Commenting the latest report,
Lasse Petterson, President and Chief Executive Officer, said: “During 2020 as the COVID-19 pandemic hit our nation, Great Lakes was able to adjust and navigate the difficulties and challenges the pandemic posed to our operations. However, as the 3
rd wave of the pandemic spread through our population, we started to see significant additional direct costs and operational interruptions in the first quarter of 2021.”