Great Lakes Dredge & Dock Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 181.73 million compared to USD 146.66 million a year ago. Net income was USD 21.56 million compared to net loss of USD 31.17 million a year ago. Basic earnings per share from continuing operations was USD 0.32 compared to basic loss per share from continuing operations of USD 0.47 a year ago. Diluted earnings per share from continuing operations was USD 0.32 compared to diluted loss per share from continuing operations of USD 0.47 a year ago.
For the full year, sales was USD 589.63 million compared to USD 648.78 million a year ago. Net income was USD 13.91 million compared to net loss of USD 34.06 million a year ago. Basic earnings per share from continuing operations was USD 0.21 compared to basic loss per share from continuing operations of USD 0.52 a year ago. Diluted earnings per share from continuing operations was USD 0.21 compared to diluted loss per share from continuing operations of USD 0.52 a year ago.