WATSONVILLE, Calif. (AP) — WATSONVILLE, Calif. (AP) — Granite Construction Inc. (GVA) on Thursday reported a loss of $278.2 million in its second quarter.
On a per-share basis, the Watsonville, California-based company said it had a loss of $6.36. Earnings, adjusted for one-time gains and costs, came to $2.16 per share.
The contractor and construction materials producer posted revenue of $1.46 billion in the period.
Granite Construction expects full-year revenue in the range of $5.3 billion to $5.5 billion.
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