Granite Construction (GVA) Misses Q4 EPS by 49c, Revenues Miss
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Granite Reports Fiscal Year 2018 Results
February 20, 2019 6:55 AM ESTFiscal Year 2018 Financial Highlights
Revenue up 11.0 percent year-over-year to $3.32 billion Gross profit increased 23.6 percent year-over-year to $389.2 million Gross profit margin up 119 basis points year-over-year to 11.7 percent Net income totaled $42.4 million, compared to $69.1 million in 2017 Adjusted net income1 increased 48.8 percent year-over-year to $102.8 million Adjusted EBITDA1 increased 39.0 percent year-over-year to $236.5 million Adjusted EBITDA margin1 increased 144 basis points to 7.1 percentWATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite Construction Incorporated (NYSE:... More
