Granite reports second quarter 2023 results

Watsonville, calif.--(business wire)--granite construction incorporated (nyse: gva) today announced results for the quarter ended june 30, 2023. second quarter 2023 results net loss totaled $17 million, or $(0.39) per diluted share, compared to net income of $19 million, or $0.39 per diluted share, for the same period in the prior year. net loss in the quarter was primarily attributable to a $51 million non-cash charge related to the refinancing of our convertible bonds and a $12 million charge.
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