Granite Construction (GVA) Tops Q4 EPS by 99c
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Granite Reports Fourth Quarter and Fiscal Year 2020 Results
March 30, 2021 6:45 AM EDTRecord full year operating cash flow of $268.5 million Year-end cash balance was $441.3 million, an increase of $146.3 million from prior year Focused on project execution, de-risking portfolio and maximizing free cash flow and returns in 2021 Initiating 2021 Adjusted EBITDA(1) margin guidance
WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite Construction Incorporated (NYSE: GVA) today announced results for the fourth quarter and year ended December 31, 2020.
Fiscal Year 2020 Results
Fiscal year 2020 net loss totaled ($145.1) million, or ($3.18) per diluted share, compared to a net loss of ($60.2) million, or ($1.29)... More
