---
schema_version: "secwatch.filing_event.v1"
accession: "0000861459-24-000018"
form_type: "8-K"
ticker: "GVA"
cik: "0000861459"
company_name: "GRANITE CONSTRUCTION INC"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T01:20:25.515401+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Granite Q1 revenue up 20% to $672M; net loss widens to $(0.70) EPS; adjusted EBITDA guidance raised

## Summary
- Revenue $672M (+20% YoY); net loss $31M ($0.70 diluted loss) vs $23M loss ($0.53) a year ago.
- Adjusted net loss $9M ($0.21 diluted loss) improved from $14M loss ($0.33) prior year.
- Operating cash flow $24M, up $101M YoY; CAP $5.5B (+$395M YoY).
- Guidance: revenue $3.8-4.0B; adjusted EBITDA margin raised to 9.5-11.5% (from 9.0-11.0%).
- Reorganized operations to align leadership with construction and materials reportable segments.

## SEC filing metadata
- accession: 0000861459-24-000018
- form_type: 8-K
- ticker: GVA
- cik: 0000861459
- company_name: GRANITE CONSTRUCTION INC
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/861459/000086145924000018/0000861459-24-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/861459/000086145924000018/gva-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000861459-24-000018
- JSON: https://secwatch.observer/filing/0000861459-24-000018.json
- Plain text: https://secwatch.observer/filing/0000861459-24-000018.txt

## Key facts
- Earnings Releases
  GRANITE CONSTRUCTION INC reported the quarter ended March 31, 2024 results: revenue $672 million, net income Net loss attributable to Granite Construction Incorporated totaled $31 million, EPS $(0.70) per diluted share. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2024
  - Revenue: $672 million
  - Net income: Net loss attributable to Granite Construction Incorporated totaled $31 million
  - EPS: $(0.70) per diluted share
  - Guidance: reaffirmed
  - Result: reported results
  source text: be expressly set forth by specific reference in such filing. --- EX-99.1 (EX-99.1) --- Granite Reports First Quarter 2024 Results • Q1 revenue increased 20% year-over-year to $672 million • Q1 diluted EPS of $(0.70) and adjusted diluted EPS (1) of $(0.21) • Q1 operating cash flow increased $101 million year-over-year to $24 million • Reorganized operations to
  evidence_url: https://www.sec.gov/Archives/edgar/data/861459/000086145924000018/0000861459-24-000018-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.