![]() And in addition, we ended the quarter with $516.9 million in low bids and options pending award. We ended the quarter with $327.1 million of dredging backlog, which does not include approximately $50 million of performance obligation related to offshore wind contracts. In the first quarter of 2023, we had a total bid market that reached over $300 million, which is approximately $125 million greater than the first quarter of 2022, and we were low bidder on 41% of this market. Fortunately, we have started to see positive developments in 2023 with both a larger number of projects coming out to bid and a better mix of projects coming to the market. Our fleet utilization in the first quarter was strong, but project revenues came primarily from maintenance projects, which typically provide lower margin work. We ended the quarter with revenues of $158 million and EBITDA of $10.2 million. And as in the previous quarter, we had a lower-than-normal amount of capital work due to the delay in the bid market for large port deepenings and coastal protection projects in 2022. ![]() In this winter quarter, we continued to face weather challenges on projects in the Northeast. The company showed improvements in gross profit margins and adjusted EBITDA compared to each of the prior three quarters. As stated in our press release, we reported improved results in the first quarter of 2023. With that, I will turn the call over to Lasse. Certain risk factors inherent in our business are set forth in our earnings release and in filings with the SEC, including our 2022 Form 10-K and subsequent filings.ĭuring this call, we also refer to certain non-GAAP financial measures, including adjusted EBITDA, which are explained in the net income to adjusted EBITDA reconciliation attached to our earnings release and posted on our Investor Relations website, along with certain other operating data. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from our expectations. Following their comments, there will be an opportunity for questions.ĭuring this call, we will make certain forward-looking statements to help you understand our business. Lasse will conclude with an update on the outlook for the business and market. Then Scott will continue with an update on our financial results for the quarter. Lasse will provide an update on the events of the quarter. Joining me on the call this morning is our President and Chief Executive Officer, Lasse Petterson and our Chief Financial Officer, Scott Kornblau. Good morning, and welcome to our first quarter 2023 conference call. I would now like to hand the conference over to your speaker today, Tina Baginskis, Director of Investor Relations. Please be advised that today's conference is being recorded. After the speakers' presentation, there will be a question-and-answer session. At this time, all participants are in a listen-only mode. Welcome to the Q1 2023 Great Lakes Dredge & Dock Corporation Earnings Conference Call. Jonathan Tanwanteng - CJS Securities, Inc. Scott Kornblau - Senior Vice President and Chief Financial OfficerĪdam Thalhimer - Thompson, Davis & Company, Inc. Lasse Petterson - President and Chief Executive Officer Tina Baginskis - Director of Investor Relations ![]() Great Lakes Dredge & Dock Corporation ( NASDAQ: GLDD) Q1 2023 Earnings Conference Call 10:00 AM ET
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![]() ![]() The physical release of My Friend Pedro is set to release on the Switch on Novemwhile the digital version is currently available for the PC and Switch.įollow Gaming Instincts via Twitter, YouTube and Facebook for the latest gaming news. The beautifully chaotic side-scrolling game My Friend Pedro is bringing blood, bullets and bananas to retail with a special Nintendo Switch physical package. Race to the Top – A global leaderboard is primed and ready for everyone to rack up points landing hits, kills and elaborate acrobatics.My Friend Pedro Nintendo Switch gameplayPrice 19.99Release Date Jun 20, 2019https. Parkour! – While battling through each level, the number of points earned can be increased by incorporating acrobatic flips, wall jumps and rolls into enemy takedowns. My Friend Pedro Nintendo Switch gameplayPrice 19.99Release Date Jun 20, 2019https.Slow Motion Braggadocio – When the action amps up to a frenzy, players bring it all into focus by shifting into slow motion to calm the nerves and steady the aim.Mix It Up – To break up the high octane running and gunning, dynamic sequences are introduced to offer new challenges, such as thrilling motorcycle chases and slower paced physics-based puzzles.They’ll twist and turn through the air while aiming both hands at priority threats, or line up a perfect bullet ricochet to drop an unsuspecting gangster from behind. ![]() Full Throttle Gun Ballet – Players can unleash a graceful torrent of destruction with an incredible level of control over weapons and body.Retail Exclusive Content – Everyone can go bananas with a specially created 11-by-17-inch poster, sticker pack, reversible cover art and the game’s full, gritty soundtrack in this retail edition.A PlayStation 4 port of the game was released on 2 April 2020. The game was released for Nintendo Switch and Windows on 20 June 2019 and for Xbox One on 5 December 2019. My Friend Pedro is now available on the Nintendo eShop for Nintendo Switch worldwide on June 20th, and will release at retail on November 12th priced at 29.99. Nighthawk Interactive’s Nintendo Switch retail edition of My Friend Pedro includes: My Friend Pedro is a shoot 'em up video game developed by Swedish developer DeadToast Entertainment and published by Devolver Digital. My Friend Pedro PC Switch Release: JDeveloper: UndeadScout Publisher: Devolver Digital Genre: Action, Platformer, Run and Gun Read Our Review Reviews Reviews Review: My. The strategic use of split aiming, slow motion, and the ol’ stylish window breach create one sensational action sequence after another in an explosive battle through the violent underworld. My Friend Pedro is a violent ballet about friendship, imagination, and one man’s struggle to obliterate anyone in his path at the behest of a sentient banana. ![]() ![]() on the frames enhance the quality of the optical path content being viewed. This text can be edited at Content Manager -> Footer in the backend. Eyeglasses for personal and commercial use including reuse in 3d theater and. Availability: We tested only speakers that people can buy directly through online and/or brick-and-mortar stores, rather than models available exclusively through custom installation companies. BERLIN EYEWEAR - THEATER DES WESTENS C 5 NEW.Styling: Although you can find outdoor speakers shaped like rocks or concealed in outdoor lighting, we focused our search on conventional speaker designs.While we have tested more expensive models, we’ve found only one or two that offered a significant step up in sound quality to justify the higher price. 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The Optical Vacuum makes a stunning contribution to the vibrant field of Screen Studies, arguing that design can never be divorced from the viewing experiences imagined by cinephiles as well as the doyens of modernism." - Alison Griffiths, The City University of New York "Szczepaniak-Gillece's book on exhibition history tells an utterly captivating and theoretically complex story of the architectonics of theatrical space and its impact on spectatorial attention and absorption. Oxford Research Encyclopedias: Global Public Health.The European Society of Cardiology Series.Oxford Commentaries on International Law. |