WATSONVILLE, Calif. (AP) — WATSONVILLE, Calif. (AP) — Granite Construction Inc. (GVA) on Thursday reported a loss of $31 million in its first quarter.
The Watsonville, California-based company said it had a loss of 70 cents per share. Losses, adjusted for non-recurring costs, were 21 cents per share.
The contractor and construction materials producer posted revenue of $672.3 million in the period.
Granite Construction expects full-year revenue in the range of $3.8 billion to $4 billion.
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