{"schema_version":"secwatch.filing_event.v1","accession":"0000861459-23-000014","form_type":"8-K","ticker":"GVA","cik":"0000861459","company_name":"GRANITE CONSTRUCTION INC","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.810672+00:00","generated_at":"2026-06-13T01:44:15.680407+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Granite Construction Q2 net loss $17M on $51M bond charge; adjusted EPS $1.03 vs $0.76; CAP record $5.4B","bullets":["Q2 GAAP net loss $17M ($0.39 loss per share) included $51M non-cash bond charge and $12M litigation charge.","Adjusted net income $46M, adjusted diluted EPS $1.03 (vs $0.76); revenue up $50M to $899M.","Record CAP of $5.4B, up $1.2B YoY and $334M sequentially; California group led with $2.35B.","I-64 High Rise Bridge project reduced Q2 gross profit by $21M ($10M after non-controlling interest); completion expected early Q4.","FY 2023 guidance: revenue $3.35-3.45B, adj. EBITDA margin 7.5-8.5%, capex $100-120M."],"urls":{"canonical":"https://secwatch.observer/filing/0000861459-23-000014","json":"https://secwatch.observer/filing/0000861459-23-000014.json","markdown":"https://secwatch.observer/filing/0000861459-23-000014.md","text":"https://secwatch.observer/filing/0000861459-23-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/861459/000086145923000014/0000861459-23-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/861459/000086145923000014/gva-20230727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T01:44:15.680407+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3edbe4fb8f67c301481ae9342276b118911f840c","claim":"GRANITE CONSTRUCTION INC reported three months ended June 30, 2023 results: revenue $899 million, net income net loss of $17 million, EPS $(0.39) per diluted share.","evidence_excerpt":"Second Quarter 2023 Results Net loss totaled $17 million, or $(0.39) per diluted share, compared to net income of $19 million, or $0.39 per diluted share, for the same period in the prior year. Net loss in the quarter was primarily attributable to a $51 million non-cash charge related to the refinancing of our convertible bonds and a $12 million charge for litigation. Adjusted net income (2) totaled $46 million, or $1.03 per diluted share, compared to adjusted net income (2) of $34 million, or $0.76 per diluted share, in the same period in the prior year. • Revenue increased $50 million to $899 million compared to $849 million in the same period in the prior year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/861459/000086145923000014/0000861459-23-000014-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended June 30, 2023"},{"label":"Revenue","value":"$899 million"},{"label":"Net income","value":"net loss of $17 million"},{"label":"EPS","value":"$(0.39) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}