Granite(GVA) - 2023 Q4 - Annual Results
GVAGranite(GVA)2024-02-22 19:48

Exhibit 99.1 Granite Reports Fourth Quarter and FY 2023 Results • Q4 revenue increased 18% year-over-year to 934millionQ4dilutedEPSof934 million • Q4 diluted EPS of 0.55 and adjusted diluted EPS (1) of 0.82Operatingcashflowincreased0.82 • Operating cash flow increased 150 million sequentially • Committed and Awarded Projects ("CAP") (2) of 5.5billion,ayearoveryearincreaseof5.5 billion, a year-over-year increase of 1.1 billion • 2024 guidance continues to align with previously provided targets WATSONVILLE, Calif. - Granite Construction Incorporated (NYSE: GVA) today announced results for ...