GLDD Q1 2023 Earnings — Great Lakes Dredge & Dock Corporation Revenue & Financial Results | Market Cap Arena

GLDDGreat Lakes Dredge & Dock Corporation

$1B

Q1 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$158M-18.7% YoY

Gross Profit

$12M7.7% margin

Operating Income

-$864,000-0.5% margin

Net Income

-$3M-2.0% margin

EPS (Diluted)

$-0.05

QoQ Revenue Growth

+7.8%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

-$24M

Stock-Based Comp.

$237,000

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$661M

Stockholders' Equity

$364M

Cash & Equivalents

$33M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$158M	$194M	-18.7%
Gross Profit	$12M	$33M	-63.3%
Operating Income	-$864,000	$19M	-104.6%
Net Income	-$3M	$11M	-129.2%