Granite reports fourth quarter and fiscal year 2020 results

Watsonville, calif.--(business wire)--granite construction incorporated (nyse: gva) today announced results for the fourth quarter and year ended december 31, 2020. fiscal year 2020 results fiscal year 2020 net loss totaled ($145.1) million, or ($3.18) per diluted share, compared to a net loss of ($60.2) million, or ($1.29) per diluted share, in the prior year. adjusted net income(1) for fiscal year 2020 totaled $60.0 million, or $1.30 per diluted share, compared to an adjusted net loss of ($27
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