GVA - Earnings announcements

Q1 revenue increased 30% year-over-year to $912 million Q1 net loss of $42 million compared to a net loss of $34 million for the same period in the prior year and adjusted net income (1) of $12 million compared to adjusted net income of $0.2 million for the same period in the prior year Q1 diluted EPS of $(0.96) compared to diluted EPS of $(0.77) for the same period in the prior year and adjusted diluted EPS (1) of $0.26 compared to adjusted diluted EPS of $0.01 for the same period in the prior year Q1 adjusted EBITDA (1) increased 106% year-over-year to $58 million Committed and Awarded Projects ("CAP") (2) increased sequentially $200 million to $7.2 billion Completed the a

Granite (NYSE:GVA) will release financial results for the quarter ended March 31, 2026, before market opens on Thursday, April 30, 2026. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, April 30, 2026. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A replay will be available after the live call throug

Committed and Awarded Projects ("CAP") (1) increased 32% year-over-year to $7.0 billion, a new record Q4 revenue increased 19% year-over-year to $1.2 billion, and fiscal year revenue increased 10% year-over-year to $4.4 billion Q4 net income and adjusted net income (2) increased 25% and 17% year-over-year to $52 million and $65 million, respectively, and fiscal year net income and adjusted net income increased 53% and 29% year-over-year to $193 million and $276 million, respectively Q4 diluted EPS and adjusted diluted EPS (2) increased 23% and 14% year-over-year to $1.03 and $1.40, respectively, and fiscal year diluted EPS and adjusted diluted EPS increased 47% and 26% year-over-y

Granite (NYSE:GVA) will release financial results for the quarter and fiscal year ended December 31, 2025, before market opens on Thursday, February 12, 2026. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, February 12, 2026. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A replay will be available a

Record Committed and Awarded Projects ("CAP") (1) increased sequentially $273 million to $6.3 billion Q3 revenue increased 12% year-over-year to $1.43 billion Q3 net income increased 30% year-over-year to $103 million and adjusted net income (2) increased 36% year-over-year to $124 million Q3 diluted EPS increased 26% year-over-year to $1.98 and adjusted diluted EPS (2) increased 32% year-over-year to $2.70 Q3 adjusted EBITDA (2) increased 44% year-over-year to $216 million Granite (NYSE:GVA) today announced results for the quarter ended September 30, 2025. Third Quarter 2025 Results Net income attributable to Granite totaled $103 million, or $1.98 per diluted share, compared t

Granite (NYSE:GVA) will release financial results for the quarter ended September 30, 2025, before market opens on Thursday, November 6, 2025. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, November 6, 2025. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A replay will be available after the live cal

2025 guidance raised to reflect acquisitions of Warren Paving and Papich Construction businesses Record Committed and Awarded Projects ("CAP") (1) increased sequentially $324 million to $6.1 billion Q2 revenue increased 4% year-over-year to $1.13 billion Q2 diluted EPS increased 87% year-over-year to $1.42 and adjusted diluted EPS (2) increased 12% year-over-year to $1.93 Granite Construction Incorporated (NYSE:GVA) today announced results for the quarter ended June 30, 2025. Second Quarter 2025 Results Net income attributable to Granite totaled $72 million, or $1.42 per diluted share, compared to net income attributable to Granite of $37 million, or $0.76 per diluted share

Granite (NYSE:GVA) will release financial results for the quarter ended June 30, 2025, before market opens on Thursday, August 7, 2025. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, August 7, 2025. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A replay will be available after the live call through

Q1 revenue increased 4% year-over-year to $700 million Q1 diluted EPS of $(0.77) and adjusted diluted EPS (1) of $0.01 Q1 operating cash flow of $4 million Committed and Awarded Projects ("CAP") (2) increased sequentially $444 million to $5.7 billion Granite Construction Incorporated (NYSE:GVA) today announced results for the quarter ended March 31, 2025. First Quarter 2025 Results Net loss attributable to Granite Construction Incorporated totaled $34 million, or $(0.77) per diluted share, compared to net loss attributable to Granite Construction Incorporated of $31 million, or $(0.70) per diluted share, for the same period in the prior year. Adjusted net income attributable to G

Granite Construction Incorporated (NYSE:GVA) will release financial results for the quarter ended March 31, 2025, before the market opens on Thursday, May 1, 2025. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, May 1, 2025. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A replay will be available aft

Q4 revenue increased 5% year-over-year to $977 million, and fiscal year revenue increased 14% year-over-year to $4.0 billion Q4 diluted EPS of $0.84 and adjusted diluted EPS (1) of $1.23, and fiscal year diluted EPS of $2.62 and adjusted diluted EPS (1) of $4.82 Fiscal year operating cash flow of $456 million, or 11.4% of revenue Committed and Awarded Projects ("CAP") (2) of $5.3 billion Granite Construction Incorporated (NYSE:GVA) today announced results for the quarter and year ended December 31, 2024. Fourth Quarter 2024 Results Net income totaled $41 million, or $0.84 per diluted share, compared to net income of $26 million, or $0.55 per diluted share, for the same peri

Granite Construction Incorporated (NYSE:GVA) will release financial results for the quarter ended December 31, 2024, before market opens on Thursday, February 13, 2025. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, February 13, 2025. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A replay will be a

Q3 revenue increased 14% year-over-year to $1.3 billion Q3 diluted EPS of $1.57 and adjusted diluted EPS (1) of $2.05, compared to $1.13 and $1.72 in the prior year, respectively Record Committed and Awarded Projects ("CAP") (2) of $5.6 billion, a sequential increase of $44 million Year-to-date operating cash flow increased $249 million year-over-year Expanded southeast home market with acquisition of Dickerson & Bowen, Inc. Granite Construction Incorporated (NYSE:GVA) today announced results for the quarter ended September 30, 2024. Third Quarter 2024 Results Net income attributable to Granite Construction Incorporated totaled $79 million, or $1.57 per diluted share, compared

Granite Construction Incorporated (NYSE:GVA) will release financial results for the quarter ended September 30, 2024, before market opens on Thursday, October 31, 2024. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, October 31, 2024. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A replay will be ava

Q2 revenue increased 20% year-over-year to $1.1 billion Q2 diluted EPS of $0.76 and adjusted diluted EPS (1) of $1.73 Committed and Awarded Projects ("CAP") (2) of $5.6 billion, a sequential increase of $77 million Entered into an agreement, subject to customary closing conditions, to acquire Dickerson & Bowen, Inc., a leading regional aggregates, asphalt, and highway construction company serving central and southern Mississippi Granite Construction Incorporated (NYSE:GVA) today announced results for the quarter ended June 30, 2024 and the agreement to acquire Dickerson & Bowen, Inc., subject to customary closing conditions. Second Quarter 2024 Results Net income attributab

Granite Construction Incorporated (NYSE:GVA) will release financial results for the quarter ended June 30, 2024, before market opens on Thursday, August 1, 2024. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, August 1, 2024. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A replay will be available a

Q1 revenue increased 20% year-over-year to $672 million Q1 diluted EPS of $(0.70) and adjusted diluted EPS (1) of $(0.21) Q1 operating cash flow increased $101 million year-over-year to $24 million Reorganized operations to align leadership with reportable segments Granite Construction Incorporated (NYSE:GVA) today announced results for the quarter ended March 31, 2024. First Quarter 2024 Results Net loss attributable to Granite Construction Incorporated totaled $31 million, or $(0.70) per diluted share, compared to net loss attributable to Granite Construction Incorporated of $23 million, or $(0.53) per diluted share, for the same period in the prior year. Adjusted net los

Granite Construction Incorporated (NYSE:GVA) will release financial results for the quarter ended March 31, 2024, before market opens on Thursday, May 2, 2024. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, May 2, 2024. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A replay will be available after

Q4 revenue increased 18% year-over-year to $934 million Q4 diluted EPS of $0.55 and adjusted diluted EPS (1) of $0.82 Operating cash flow increased $150 million sequentially Committed and Awarded Projects ("CAP") (2) of $5.5 billion, a year-over-year increase of $1.1 billion 2024 guidance continues to align with previously provided targets Granite Construction Incorporated (NYSE:GVA) today announced results for the quarter and year ended December 31, 2023. Fourth Quarter 2023 Results Net income totaled $26 million, or $0.55 per diluted share, compared to net income of $22 million, or $0.46 per diluted share, for the same period in the prior year. Adjusted net income (1)

Granite Construction Incorporated (NYSE:GVA) will release financial results for the quarter and fiscal year ended December 31, 2023, before market opens on Thursday, February 22, 2024. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, February 22, 2024. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A

Q3 revenue increased 11% year-over-year to $1.1 billion Q3 diluted EPS of $1.13 and adjusted diluted EPS (1) of $1.69 Operating cash flow increased $153 million sequentially Record Committed and Awarded Projects ("CAP") (2) of $5.6 billion, a sequential increase of $147 million and year-over-year increase of $1.5 billion 2023 guidance and 2024 targets unchanged Granite Construction Incorporated (NYSE:GVA) today announced results for the quarter ended September 30, 2023. Third Quarter 2023 Results Net income totaled $58 million, or $1.13 per diluted share, compared to net income of $69 million, or $1.36 per diluted share, for the same period in the prior year. Adjusted ne

Granite Construction Incorporated (NYSE:GVA) will release third quarter financial results on Tuesday, October 31, 2023, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Tuesday, October 31, 2023. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A replay will be available after the live ca

Record Committed and Awarded Projects ("CAP") (1) of $5.4 billion, a sequential increase of $334 million and year-over-year increase of $1.2 billion Q2 revenue increased $50 million year-over-year led by the California and Mountain Groups Q2 diluted EPS of $(0.39) and adjusted diluted EPS (2) of $1.03 Granite Construction Incorporated (NYSE:GVA) today announced results for the quarter ended June 30, 2023. Second Quarter 2023 Results Net loss totaled $17 million, or $(0.39) per diluted share, compared to net income of $19 million, or $0.39 per diluted share, for the same period in the prior year. Net loss in the quarter was primarily attributable to a $51 million non-cash charg

Granite Construction Incorporated (NYSE:GVA) will release second quarter financial results on Thursday, July 27, 2023, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, July 27, 2023. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A replay will be available after the live call

Record Committed and Awarded Projects ("CAP") (1) of $5.1 billion, a sequential increase of $619 million and year-over-year increase of $1.2 billion Reiterating 2023 guidance Bolt-on materials acquisitions completed in Vancouver, British Columbia and Carson City, Nevada in 2023 Q1 comparable revenue (2) decreased $58 million year over year primarily due to the wind down of certain projects in the Central Group and the inclement weather Q1 diluted EPS of $(0.53) and adjusted diluted EPS (3) of $(0.41) Granite Construction Incorporated (NYSE:GVA) today announced results for the quarter ended March 31, 2023. First Quarter 2023 Results Net loss totaled $23 million, or $(0.53

Granite Construction Incorporated (NYSE:GVA) will release first quarter financial results on Tuesday, May 2, 2023, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Tuesday, May 2, 2023. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A replay will be available after the live call through

Fiscal year diluted EPS of $1.70 and adjusted diluted EPS(1) of $2.31 Fiscal year net income margin(2) of 2.5% and adjusted EBITDA margin(1) of 6.4% Fiscal year revenue of $3.3 billion; 2023 fiscal year guidance of $3.4 billion - $3.6 billion Committed and Awarded Projects ("CAP")(3) of $4.5 billion, led by record California group CAP of $1.7 billion Granite Construction Incorporated (NYSE:GVA) today announced results for the fourth quarter and year ended December 31, 2022. Fiscal Year 2022 Results Fiscal year 2022 net income totaled $83 million, or $1.70 per diluted share, and net income margin(2) was 2.5% compared to net income of $10 million, or $0.21 per diluted share, and ne

Granite Construction Incorporated (NYSE:GVA) will release fourth quarter and 2022 fiscal year financial results on Thursday, February 16, 2023, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, February 16, 2023. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A replay will be av

Q3 comparable revenue (1) increased year over year led by increases in the California and Mountain Groups Q3 diluted EPS of $1.44 and adjusted diluted EPS (2) of $1.41 Construction segment gross profit margin strong at 14.8% excluding the Old Risk Portfolio ("ORP") Continued overall strong market and $4.1 billion in Committed and Awarded Projects ("CAP") (3) Adjusted EBITDA margin (2) guidance for 2022 raised to 6% to 7% after inclusion of the Water Resources and Mineral Services businesses Granite Construction Incorporated (NYSE:GVA) today announced results for the quarter ended September 30, 2022. Third Quarter 2022 Results Net income totaled $73 million, or $1.44 per diluted

Granite Construction Incorporated (NYSE:GVA) will release third quarter financial results on Thursday, October 27, 2022, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, October 27, 2022. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A replay will be available after the live c

Revenue guidance is unchanged despite year-to-date revenue decrease compared to the same period in the prior year as portfolio shifts to smaller, less risky projects Old Risk Portfolio ("ORP") projected burn for 2022 remains on track but impacted gross profit margin during the period Non-ORP gross profit margin improved compared to the same period in the prior year Committed and Awarded Projects ("CAP") (1) increased $279 million sequentially ending at $4.2 billion Investments in construction materials assets completed and entered into an amended credit facility to support investment and growth plan for home markets Granite Construction Incorporated (NYSE:GVA) today announced res

Granite Construction Incorporated (NYSE:GVA) will release second quarter financial results on Thursday, July 28, 2022, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, July 28, 2022. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A replay will be available after the live call t

Revenue of $548 million, a decrease of 3.3% compared to the prior year Diluted net loss per share from Continuing Operations of ($0.42); adjusted diluted net loss per share from Continuing Operations of ($0.28) (1) Cash and marketable securities of $398 million, debt lower ending at $299 million following partial pay down of term loan Committed and Awarded Projects ("CAP") (2) relatively flat at $3.9 billion reflecting continued increases in California and Mountain groups offset by expected decreases in Central group Completed the sale of Granite Inliner, LLC Granite Construction Incorporated (NYSE:GVA) today announced results for the quarter ended March 31, 2022. First Quarter

Granite Construction Incorporated (NYSE:GVA) will release first quarter financial results on Thursday, April 28, 2022, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, April 28, 2022. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A replay will be available after the live call

Committed and Awarded Projects ("CAP") (1) of $4.0 billion Year-end cash and marketable securities of $411.2 million Reorganized California, Mountain and Central operating groups and Construction and Materials reportable segments Former Water and Minerals Services operating group is now presented as held for sale and discontinued operations Granite Construction Incorporated (NYSE:GVA) today announced results for the fourth quarter and year ended December 31, 2021. Fiscal Year 2021 Results Fiscal year 2021 net income totaled $10.1 million, or $0.22 per diluted share, compared to a net loss of ($145.1) million, or ($3.14) per diluted share, in the prior fiscal year. Fiscal year 202

Granite Construction Incorporated (NYSE:GVA) will release fourth quarter and annual 2021 financial results on Friday, February 25, 2022, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Friday, February 25, 2022. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-877-328-5503; international callers may dial 1-412-317-5472. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A replay will be available a

Enters into definitive agreement to sell trenchless and pipe rehabilitation services business ("Inliner") Discloses intent to sell water supply, treatment, delivery and maintenance business ("Water Resources") and mineral exploration drilling business ("Mineral Services") Increases share repurchase program to $300 million Reorganizes operating groups and changes reportable segments Granite Construction Incorporated (NYSE:GVA) today announced several actions designed to position the Company to focus on efficiently growing its core civil construction and materials business. Strategic Actions On February 2, 2022, we entered into a definitive agreement with Inland Pipe Rehabilitatio

Q3 revenue of $1.1 billion, essentially flat compared to the same period last year Q3 diluted net income per share of $0.73, Q3 adjusted diluted net income per share of $0.93 (1) Cash and marketable securities of $475 million, debt of $340 million Committed and Awarded Projects ("CAP") up $135.4 million compared to the same period last year Continued progress burning through the Old Risk Portfolio ("ORP") (2) reducing ORP CAP by $100 million during the quarter Granite Construction Incorporated (NYSE:GVA) today announced results for the third quarter ended September 30, 2021. Third Quarter 2021 Results Net income increased to $35.0 million, or $0.73 per diluted share, compared t

Granite Construction Incorporated (NYSE:GVA) will release third quarter 2021 financial results on Thursday, October 28, 2021, before the market opens. The Company will host an investor conference call at 8:00 a.m. PT, Thursday, October 28, 2021. The Company invites investors to listen to a live audio webcast of the investor conference call on its Investor Relations website, investor.graniteconstruction.com. The investor conference call will also be available by calling 1-866-807-9684; international callers may dial 1-412-317-5415. An archive of the webcast will be available on Granite's Investor Relations website approximately one hour after the call. A replay will be available after the l

Q2 revenue of $964.2 million, up 5.3% for the same period year-over-year Q2 diluted net income per share of $1.14, Q2 adjusted diluted net income per share of $0.91 (1) Strong project execution in the Old Risk Portfolio (2) with Q2 gross profit of $2.5 million Cash and marketable securities of $404.0 million, debt of $339.9 million Committed and Awarded Projects ("CAP") up $280.3 million for the same period year-over-year, and slightly down sequentially reflecting Old Risk Portfolio progression Closed on the sale of an office building resulting in $40.8 million of proceeds and gain on sale of $29.7 million during the quarter Granite Construction Incorporated (NYSE:GVA) today an