GLDD Climbs 9% As Q2 Results And Record Federal Spending Boost Outlook

GLDD Climbs 9% As Q2 Results And Record Federal Spending Boost Outlook

GLDD's Q2 showed a 28.2% increase in contract revenue, driven by higher-margin projects. Operating margin surged to 8.58% from 2.77% with earnings tripling. Backlog shift to capital projects and robust bid market indicate continued growth.

Read More

Did you find this insightful?