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Granite Reports First Quarter 2017 Results

Granite Construction Incorporated (NYSE:GVA) today reported a net loss of $23.8 million for the quarter ended March31, 2017, compared to a loss of $10.4 million in the first quarter of 2016. Loss per diluted share in the quarter was $(0.60), compared to $(0.26) in the prior-year period.

"Despite the loss in the first quarter, we maintain our strong growth expectations for 2017. Overall outlook and direction of our business is excellent, with market improvements being seen across our portfo

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