Granite Construction’s Materials Revenue Increases 27.5 Percent

Granite Construction reported a net loss of $8.4 million for the quarter ended June 30, compared to a net income of $14.1 million in the second quarter of 2017. Second quarter 2018 results include the impact of acquisition expenses of Layne Christensen Company and LiquiForce. Excluding the impact of these expenses, second quarter adjusted net income was $17.9 million, or $0.43…

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