Granite Construction: Q4 Earnings Snapshot

WATSONVILLE, Calif. (AP) — WATSONVILLE, Calif. (AP) — Granite Construction Inc. (GVA) on Thursday reported fourth-quarter net income of $22.1 milli...

February 23, 2023
9:26 PM

WATSONVILLE, Calif. (AP) — WATSONVILLE, Calif. (AP) — Granite Construction Inc. (GVA) on Thursday reported fourth-quarter net income of $22.1 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Watsonville, California-based company said it had net income of 46 cents. Earnings, adjusted for non-recurring costs, came to 56 cents per share. The contractor and construction materials producer posted revenue of $789.2 million in the period. For the year, the company reported profit of $83.