{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-011988","form_type":"8-K","ticker":"GVA","cik":"0000861459","company_name":"GRANITE CONSTRUCTION INC","filed_at":"2023-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.460486+00:00","generated_at":"2026-06-16T04:19:48.005454+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Granite Construction Q1 net loss $23M; record backlog $5.1B; reaffirms FY2023 guidance","bullets":["Net loss of $23M ($0.53 diluted EPS); adjusted diluted EPS loss of $0.41.","Revenue fell $94M to $560M, down 14% YoY; gross profit margin declined to 7.3% in Construction segment.","Record CAP (committed and awarded projects) of $5.1B, up $1.2B YoY; all regions contributed.","Weather disruptions impacted operations; two bolt-on materials acquisitions completed in Vancouver and Carson City.","Reaffirmed 2023 outlook: revenue $3.4-3.6B, adjusted EBITDA margin 7.5-9.0%, SG&A 8.0-8.5% of revenue."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-011988","json":"https://secwatch.observer/filing/0001437749-23-011988.json","markdown":"https://secwatch.observer/filing/0001437749-23-011988.md","text":"https://secwatch.observer/filing/0001437749-23-011988.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/861459/000143774923011988/0001437749-23-011988-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/861459/000143774923011988/gva20230228_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T04:19:48.005454+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}