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Great Lakes Dredge & Dock (GLDD) - 2024 Q1 - Quarterly Results

EXHIBIT 99.1 Great Lakes Reports First Quarter 2024 Results Management Commentary Lasse Petterson, President and Chief Executive Officer commented, "Great Lakes ended the first quarter with strong financial results, including net income of 21.0millionandadjustedEBITDAof21.0 million and adjusted EBITDA of 42.9 million, which is the best adjusted EBITDA quarter since the fourth quarter of 2021, supporting a return to normalcy. The majority of our dredges were actively engaged on projects and our new hopper dredge, the Galveston Island, ...