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Granite(GVA) - 2024 Q3 - Quarterly Results
GVAGranite(GVA)2024-10-31 10:46

Exhibit 99.1 Granite Reports Third Quarter 2024 Results • Q3 revenue increased 14% year-over-year to 1.3billionQ3dilutedEPSof1.3 billion • Q3 diluted EPS of 1.57 and adjusted diluted EPS (1) of 2.05,comparedto2.05, compared to 1.13 and 1.72intheprioryear,respectivelyRecordCommittedandAwardedProjects("CAP")(2)of1.72 in the prior year, respectively • Record Committed and Awarded Projects ("CAP") (2) of 5.6 billion, a sequential increase of 44millionYeartodateoperatingcashflowincreased44 million • Year-to-date operating cash flow increased 249 million year-over-year • Expanded southeast home market with acquisition of Dickerson & Bowen, Inc. WATSONVILLE, Cali ...