Granite Construction (GVA) Misses Q2 EPS by 20c
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Granite Reports Second Quarter 2015 Results
July 30, 2015 8:02 AM EDTTotal Company revenues were $569.2 million Total Company gross profit totaled $65.8 million Construction segment gross profit margin improved nearly 390 basis points year-over-year to 13.1 percent Construction Materials segment gross profit margin improved more than 410 basis points year-over-year to 13.5 percent; best performance since 2009 Large Project segment slowed by weather and project startup delays Total Company contract backlog increased 17.1 percent year-over-year to $3.0 billion; highest in Company history
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