FILING ANALYSIS · THURSDAY, OCTOBER 29
GRANITE CONSTRUCTION INC GVA — 8-K: Results of Operations and Financial Condition
positive
Granite Construction's Q3 revenue increased 23% year-over-year to $1.8 billion, and adjusted EBITDA increased 32% year-over-year to $283 million, but net income was impacted by $162 million of net non-operating charges associated with settling convertible notes conversions, and the company introduced 2029 financial targets reflecting an expected organic revenue CAGR of 10% to 12%
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