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Granite Construction records $1.77 billion in Q3 revenue and reaches $7.5 billion backlog

Construction Dive · ·by G4L

GVA
GVA Granite Construction Inc
$124.92 +3.65%
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  1. 1Granite Construction reported Q3 revenue of $1.77 billion.
  2. 2Granite Construction's Q3 net income decreased to $3.2 million.
  3. 3Granite Construction recorded a Q3 backlog of $7.5 billion.

So what's the key point?

Granite Construction generated $1.77 billion in revenue during the third quarter. While profits decreased, there is a $7.5 billion backlog of work to be completed in the future.

Source Construction Dive · View original ↗

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