Granite reports fourth quarter and fy 2023 results

Watsonville, calif.--(business wire)--granite construction incorporated (nyse: gva) today announced results for the quarter and year ended december 31, 2023. fourth quarter 2023 results net income totaled $26 million, or $0.55 per diluted share, compared to net income of $22 million, or $0.46 per diluted share, for the same period in the prior year. adjusted net income (1) totaled $36 million, or $0.82 per diluted share, compared to adjusted net income (1) of $25 million, or $0.56 per diluted s.
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