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Granite(GVA) - 2024 Q2 - Quarterly Results
GVAGranite(GVA)2024-08-01 10:45

Exhibit 99.1 Granite Reports Second Quarter 2024 Results and Announces Agreement to Acquire Dickerson & Bowen, Inc. • Q2 revenue increased 20% year-over-year to 1.1billionQ2dilutedEPSof1.1 billion • Q2 diluted EPS of 0.76 and adjusted diluted EPS (1) of 1.73CommittedandAwardedProjects("CAP")(2)of1.73 • Committed and Awarded Projects ("CAP") (2) of 5.6 billion, a sequential increase of $77 million • Entered into an agreement, subject to customary closing conditions, to acquire Dickerson & Bowen, Inc., a leading regional aggregates, asphalt, and highway construction comp ...