WATSONVILLE, Calif. (AP) — WATSONVILLE, Calif. (AP) — Granite Construction Inc. (GVA) on Thursday reported profit of $41.5 million in its fourth quarter.
On a per-share basis, the Watsonville, California-based company said it had net income of 84 cents. Earnings, adjusted for non-recurring costs, came to $1.23 per share.
The contractor and construction materials producer posted revenue of $977.3 million in the period.
For the year, the company reported profit of $126.3 million, or $2.62 per share. Revenue was reported as $4.01 billion.
Granite Construction expects full-year revenue in the range of $4.2 billion to $4.4 billion.
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