Granite Construction (GVA) Reports In-Line Q1 EPS

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Granite Reports First Quarter 2015 Results

May 5, 2015 8:00 AM EDT

Total Company revenues were $420.2 million1, up 10.6 percent year-over-year Total Company gross profit nearly doubled year-over-year to $40.1 million1 Total Company contract backlog increased 14.3 percent year-over-year to $2.9 billion All segments grow revenue and gross profit year-over-year fourth consecutive quarter of gross profit margin improvement across segments Construction Materials performance best in six years 16.8 percent revenue growth spurs segment Q1 profit for first time since 2008 Granite named as a 2015 World's Most Ethical Company2 for sixth straight year... More