One of the largest providers of dredging services in the United States, Great Lakes Dredge & Dock Corporation (GLDD) yesterday reported financial results for the quarter ended September 30, 2021.

According to Lasse Petterson , President and Chief Executive Officer, GLDD ended the third quarter with improved results and a solid backlog. The company ended the quarter with net income of $13.8 million and Adjusted EBITDA of $32.2 million compared to the third quarter of 2020 that ended with $12.5 million of net income and $32.2 million in Adjusted EBITDA.