Granite Grows Materials Segment in Third Quarter

Granite Construction Inc. announced results for the quarter ended Sept. 30, and the first nine months of the year. Net income in the third quarter 2023 totaled $58 million, or $1.13 per diluted share, compared to net income of $69 million, or $1.36 per diluted share, for the same period in the prior year. Adjusted net income totaled $75 million,…

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Granite’s Materials Revenue, Profit Increase in Second Quarter

Granite Construction announced results for the quarter ended June 30, reporting a net loss of $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…

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Pricing in Aggregates

Arcosa Banks On Data-Driven Decision-Making In Sales: A More Methodical Price-Management Approach. By Barry Hudson This is the first in an exclusive series of articles focused on pricing in the aggregates industry. – Ed. Trey Gerik, sales manager for Arcosa Aggregates’ Texas region, knew optimizing data analysis could increase revenue from aggregate sales even amidst an uncertain market.  Arcosa Aggregates…

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