![]() Correspondingly, we are adjusting our general and administrative, and overhead cost structures to reflect the changed market conditions and dredging fleet. We have retired the 42-year-old hopper dredge, the Terrapin Island, and we have cold stacked two major dredges as we wait for the bid market to gain momentum in 2023. We are adjusting to the current situation by taking swift and proactive action on cost reductions and fleet adjustments. Lasse Petterson, President and Chief Executive Officer commented, “The fourth quarter continued to be impacted by a significantly delayed bid market combined with high inflation, significant weather delays on projects in the Northeast, fewer high margin capital projects, dredging project production issues, higher than anticipated drydock costs, and the retirement of the Terrapin Island. Adjusted EBITDA was $17.0 million for the full year 2022. ![]() Net loss was $34.1 million for the full year 2022. ![]() Total operating loss was $27.7 million for the full year 2022.Revenue was $648.8 million for the full year 2022.All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. ![]() ![]() Factset: FactSet Research Systems Inc.2019. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Top 10 Mutual Funds Holding Great Lakes Dredge & Dock Corp Mutual fund Top 10 Owners of Great Lakes Dredge & Dock Corp Stockholder Transactions Latest Institutional Activity ĬANTON HATHAWAY LLC Bought 38.5 Thousand shares of Great Lakes Dredge & Dock.ĬREATIVE PLANNING LLC Bought 30.9 Thousand shares of Great Lakes Dredge & Dock.ĪLLWORTH FINANCIAL LP Bought 174.00 shares of Great Lakes Dredge & Dock. ![]()
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