分组1 - Great Lakes Dredge & Dock (GLDD) reported quarterly earnings of $0.3 per share, exceeding the Zacks Consensus Estimate of $0.2 per share, and showing an increase from $0.29 per share a year ago [1] - The company achieved an earnings surprise of +51.90% for the quarter, and has surpassed consensus EPS estimates in all four of the last quarters [2] - Revenues for the quarter reached $256.5 million, surpassing the Zacks Consensus Estimate by 17.30%, and increased from $202.77 million year-over-year [3] 分组2 - The stock has gained approximately 28.7% since the beginning of the year, significantly outperforming the S&P 500's gain of 0.9% [4] - The current consensus EPS estimate for the upcoming quarter is $0.39 on revenues of $234.13 million, and for the current fiscal year, it is $1.10 on revenues of $898.18 million [8] - The Building Products - Heavy Construction industry, to which Great Lakes Dredge & Dock belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, indicating potential challenges ahead [9]

FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the transition period from to Commission file number: 001-33225 Great Lakes Dredge & Dock Corporation (Exact name of registrant as specified in its charter) Delaware 20-5336063 (State or oth ...

On February 11, 2026, Great Lakes announced that it had entered into a definitive agreement for Saltchuk Resources, Inc. ("Saltchuk") to acquire the Company. The closing of the transaction will be subject to customary closing conditions, including the expiration of the Hart-Scott-Rodino Act waiting period and the tender of shares representing at least one share more than a majority of Great Lakes' outstanding shares of common stock, and is expected to close in Q2 2026. Offshore Energy EXHIBIT 99.1 Great Lak ...

Record full year revenue of $888.3 millionFull year net income of $73.5 million (Adjusted net income of $81.6 million)Record full year Adjusted EBITDA of $171.3 million HOUSTON, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation (“Great Lakes” or the “Company”) (Nasdaq: GLDD), the largest provider of dredging services in the United States, today reported financial results for the fourth quarter and year ended December 31, 2025 and the signing of two international offshore energy contrac ...

Core Viewpoint - Great Lakes Dredge & Dock Corporation (GLDD) is set to be acquired by Saltchuk Resources for $17 per share, with the transaction valued at approximately $1.5 billion, representing a significant premium over its recent trading prices [2][3][4]. Group 1: Acquisition Details - Saltchuk Resources announced a definitive agreement to acquire Great Lakes Dredge for $17 per share in cash, which is a 25% premium to GLDD's 90-day volume-weighted average price as of February 10, 2026 [3]. - The total equity value of the transaction is approximately $1.2 billion, with a total value of $1.5 billion [3]. - The boards of both companies have unanimously approved the acquisition agreement, and the offer is expected to close in the second quarter of 2026, pending customary conditions [4]. Group 2: Company Overview - Great Lakes Dredge & Dock Corporation provides dredging services in the United States, including port expansion, coastal restoration, land reclamation, and marine infrastructure projects [5].

Core Viewpoint - Kahn Swick & Foti, LLC is investigating the proposed sale of Great Lakes Dredge & Dock Corporation to Saltchuk Resources, Inc., focusing on whether the offered price of $17.00 per share adequately reflects the company's value and the process leading to this valuation [1]. Group 1: Proposed Sale Details - The proposed transaction involves shareholders of Great Lakes receiving $17.00 in cash for each share they own [1]. - KSF is assessing the adequacy of this consideration and the process that led to the proposed sale [1]. Group 2: Legal Rights and Contact Information - Shareholders who believe the transaction undervalues the company can discuss their legal rights with KSF without obligation or cost [1]. - KSF Managing Partner Lewis S. Kahn can be contacted via email or toll-free phone for inquiries related to the investigation [1].

Core Insights - Great Lakes Dredge & Dock Corporation (GLDD) is expected to report its fourth-quarter 2025 financial results on February 17, 2026, before the market opens [1] - The company's adjusted earnings per share (EPS) in the last reported quarter exceeded the Zacks Consensus Estimate by 52.9%, while revenues fell short by 3.1% but showed year-over-year growth [1] Earnings Performance - GLDD has consistently surpassed earnings estimates in the last four quarters, with an average surprise of 65.5% [2] - The Zacks Consensus Estimate for the upcoming quarter's EPS has decreased to 20 cents from 22 cents over the past month, indicating a 31% year-over-year decline from the adjusted EPS of 29 cents [3] Revenue Expectations - The consensus estimate for revenues in the upcoming quarter is $218.7 million, reflecting a 7.8% year-over-year increase [3] - The fourth-quarter performance is anticipated to be bolstered by a strong backlog and increased dredging volumes across various projects, including capital, coastal protection, and maintenance work [4] Project and Market Dynamics - Continued funding from the U.S. Army Corps of Engineers and sustained activity in coastal resilience and infrastructure projects are expected to support demand for dredging services [5] - Capital dredging, which accounted for 64.7% of total revenues in the third quarter of 2025, is the primary growth driver, supported by major port-deepening and LNG-related projects [6] Revenue Breakdown - The Zacks Consensus Estimate for Dredging Capital revenues is $104.2 million, a 5.5% increase from $98.8 million in the previous year [7] - Dredging Maintenance revenues are estimated at $23.4 million, indicating a 16.4% decrease from $28 million a year ago, while Dredging Coastal Protection revenues are expected to grow by 10.9% to $83.5 million [7] Margin Considerations - Profitability in the fourth quarter may face pressure from costs associated with a heavy dry-docking schedule, labor, and fuel expenses [10] - However, improved fleet utilization and project execution are expected to partially offset these challenges, supported by a favorable project mix [10]

Core Viewpoint - Texas Capital analyst Alex Rygiel downgraded Great Lakes Dredge (GLDD) to Hold from Buy following Saltchuk Resources' announcement of a definitive agreement to acquire Great Lakes for $17 per share in cash [1] Group 1 - The acquisition price is set at $17 per share in cash [1] - The downgrade reflects the impact of the acquisition announcement on the stock's outlook [1]

Core Viewpoint - Johnson Fistel, PLLP has initiated an investigation into the board members of Great Lakes Dredge & Dock Corporation regarding potential breaches of fiduciary duties related to the proposed sale of the company to Saltchuk Resources, Inc. [1] Group 1: Proposed Transaction - On February 11, 2026, Great Lakes announced a definitive merger agreement with Saltchuk Resources, Inc., where shareholders are expected to receive $17.00 per share in cash [3] - The investigation by Johnson Fistel aims to determine if the proposed transaction reflects the company's intrinsic value and if the board took steps to maximize shareholder value [3] Group 2: Shareholder Participation - Shareholders who believe the proposed transaction undervalues their investment are encouraged to join the investigation [2] - Interested parties can find more information through a provided link or by contacting lead analyst Jim Baker [2] Group 3: Firm Achievements - In 2024, Johnson Fistel was recognized as one of the Top 10 Plaintiff Law Firms by ISS Securities Class Action Services, having recovered approximately $90.725 million for clients in cases where it served as lead or co-lead counsel [4] - This recognition marks the eighth time the firm has been acknowledged as a top plaintiffs' securities law firm in the United States based on total dollar value of recoveries [4]

Core Viewpoint - The M&A Class Action Firm is investigating Great Lakes Dredge & Dock Corporation regarding its proposed sale to Saltchuk Resources, Inc., where shareholders are set to receive $17.00 per share in cash, raising questions about the fairness of the deal [1]. Group 1: Company Overview - Great Lakes Dredge & Dock Corporation is involved in a transaction where it will be sold to Saltchuk Resources, Inc. [1]. - The proposed transaction offers Great Lakes shareholders a cash payment of $17.00 per share [1]. Group 2: Legal Investigation - The M&A Class Action Firm, led by attorney Juan Monteverde, is conducting an investigation into the fairness of the proposed sale [1]. - The firm has a successful track record in recovering millions for shareholders and is recognized in the 2024 ISS Securities Class Action Services Report [1].