WATSONVILLE, Calif., 4月25日 /PRNewswire-FirstCall/ -- Granite建设合并 (NYSE: GVA) today announced a net loss of 220万美元, or 0.05美元 per diluted share for the first quarter ended 2007年3月31日. This compares with a net loss of 140万美元 or 0.03美元 per share forthe same period last year.

总裁兼首席执行官William G. Dorey说：“各分行今年开了个好头。 盈利的积压，本季度的温和天气以及我们团队的出色执行推动了本季度的分支机构业绩。 相反，我们的重型建筑部门（“HCD”）的结果反映了这样一个事实：在我们能够充分认识到我们最近的组织重组以及我们积压的更新，更有利可图的工作的好处之前，我们有表现不佳的项目要完成。”

公司经营成果总额

The operating loss for the quarter was 560万美元 compared with 380万美元 for the first quarter ended 2006年3月31日. Revenue for the firstquarter 2007 totaled 4.877亿美元 compared with 4.96亿美元 a year ago.总毛利占收入的百分比从8.1%增加到9.9%。Backlog at 二零零七年三月三十一日 was essentially flat at 25亿美元 compared to ayear ago.

General and Administrative expenses for the quarter totaled 5430万美元or 11.1% of revenue compared with 4830万美元 or 9.7% of revenue for 2006.这一增长反映了支持我们在西方业务持续增长的成本。

各部门经营业绩

Branch Division operating income for the quarter increased slightly to1940万美元 compared with 1880万美元 a year ago. Revenue for thedivision totaled 2.814亿美元, an increase of 3030万美元 or 12.1% overthe same period in 2006. Backlog decreased 13.4% to 7.602亿美元 comparedwith 8.775亿美元 at 2006年3月31日. 分公司毛利占营收的百分比由2006年第一季度的17.4%上升至18.0%。

HCD operating loss for the quarter was 1570万美元 compared with a lossof 1210万美元 in the first quarter 2006. 损失主要反映了完成四个大型项目的估计费用的增加。 HCD revenue for the quarter totaled 2.013亿美元 versus 2.448亿美元 for the same period last year. Backlog increased to 17.4亿美元 at二零零七年三月三十一日 compared with 16.7亿美元 at 2006年3月31日. HCD的毛利率为收入的3.2%，而2006年第一季度的毛利率为收入的1.2%。

前景

“我们的分支机构在年初取得了优异的成绩，我们对今年的前景仍然乐观。 虽然现在是我们的建设季节，预测分公司将如何与去年的财务结果相比还为时过早，但我们乐观地认为，2007年将是我们在西部业务的又一个出色的一年。 我们大多数市场的公共融资渠道都非常健康。 正如预期的那样，由于住宅市场的放缓，我们的一些市场开始看到公共部门工作的竞争加剧。 在这种类型的市场中，我们的策略是在我们的投标策略中保持耐心和谨慎，这样如果我们认为今年晚些时候会有更好的机会，我们就不会承诺降低利润率的工作能力。 In addition, we are excited about theopportunities ahead, particularly in 加州 as a result of thetransportation-related Propositions passed last year. 虽然其中一些项目可能会影响我们在2007年底的积压，但它们预计在2008年之前不会对该部门的底线结果产生重大影响。”

"Our 2007 outlook for our HCD business remains guarded, particularly inlight of the losses we incurred in the first quarter, as well as our ongoingnegotiations with the 俄勒冈州运输部 to terminate ourcontract on the US 20 project. 正如我们所指出的，大多数困扰我们的表现不佳的项目将在今年完成。 在许多情况下，这些项目正被出价更保守、毛利率更高的项目所取代。 尽管2007年HCD的营业收入有可能实现盈亏平衡，但我们的预期是，我们的大型项目业务将在2008年及以后获得越来越多的正回报。”

后续事件

In a press release dated 二零零七年四月十一日, Granite announced that it hadformally requested that the 俄勒冈州运输部 ("ODOT")terminate its contract to build the US 20 Pioneer Mountain to EddyvilleDesign-Build project. The 1.3亿美元 contract was awarded in 2005年7月 toYaquina River Constructors ("YRC"), a joint venture of Granite and itsmajority-owned subsidiary, 怀尔德建筑公司. 在清理和挖掘现场时，在七英里长的工程现场发现了许多大规模的山体滑坡。 The costs and time associated with these slidesis currently estimated to be approximately 6100万美元 and would add two yearsto the duration of the project. Because of the uncertainty surrounding theultimate resolution of these issues and the ongoing termination discussions,Granite has not recorded any adjustments to the project forecast during thequarter ended 二零零七年三月三十一日. 如果公司与ODOT达成协议终止合同，Granite将调整预测，以反映与结算相关的估计成本，目前尚不确定。 如果ODOT选择不终止合同，Granite将反映与岩土技术和/或其他变化相关的额外成本，当它们是确定的和可量化的。 这些成本可能是巨大的。Granite将向modot寻求与这些问题相关的额外赔偿，但在根据我们的政策签署变更订单之前，不会确认任何收入。

The results for the quarter ended 二零零七年三月三十一日 do not include results ofoperations from the 公司’s acquisition in 2007年4月 of the 优秀集团公司 ("Superior"). Superior’s results will be included from the dateof acquisition in the second quarter ending 二零零七年六月三十日.

财务业绩

本公告中的财务信息反映了公司在完成季度审查后的初步结果。 The finalquarterly financial results will appear in Granite’s Form 10-Q, which will befiled on or before 2007年5月10日.

电话会议

Granite will conduct a conference call tomorrow, 2007年4月26日, at 11:00。 等/ 上午8点 to discuss the results for the quarter. The conferencecall will be webcast live and can be accessed at/investor-relations. The live conferencecall may be accessed by calling (877) 864-2735 in the U.S. and 加拿大 and(706) 634-7039 for international listeners. 该呼叫的会议ID为5564265。 The conference call will be recorded and available for replay fromapproximately two hours after the live call through 2007年5月17日 by calling(800) 642-1687 or (706) 645-9291. 该录音对应的会议ID为5564265。

对十大博彩正规平台

十大博彩正规平台公司 是标准普尔400中型股指数、多米尼400社会指数和罗素2000指数的成分股。 十大博彩正规平台建设公司是美国最大的多元化重型民用承包商和建筑材料生产商之一。 Granite建设公司 通过其遍布全国的办事处为公共和私营部门客户提供服务。 For more information about Granite, please visit theirwebsite at www.zkyk.net.

本新闻稿包含《1933年证券法》（经修订）第27A条和《1934年证券交易法》（经修订）第21E条所指的前瞻性陈述，这些陈述代表了我们管理层对未来事件的信念和假设，例如与公司未来业绩存在投标机会和经济条件相关的陈述。 此外，前瞻性陈述包括可以通过使用前瞻性术语，如“相信”、“预期”、“出现”、“可能”、“将”、“应该”、“寻找”或“预期”，或其否定或类似术语，或通过战略讨论来识别的陈述。 所有此类前瞻性陈述均受风险和不确定性的影响，这些风险和不确定性可能导致运营、财务状况和其他事件的实际结果，以及这些事件发生的时间，与此类前瞻性陈述中明示或暗示的内容存在重大差异。 具体的风险因素包括，但不限于，适用的联邦和州立法拨款委员会组成的变化； 联邦和州对基础设施支出的拨款变化； 经济状况：经济的总体状况； 工作效率；项目估算的准确性； 天气条件; 竞争和价格压力； 以及各州的公民投票和倡议。 您不应不相信这些前瞻性陈述，这些陈述仅在本新闻稿发布之日起发表。 您还应了解，除了本新闻稿中讨论、提及或引用的因素外，许多重要因素可能导致我们的结果与前瞻性陈述中表达的结果存在重大差异。 鉴于这些风险和不确定性，重要的是要意识到本新闻稿中讨论的前瞻性事件可能不会发生。 我们没有义务公开修订和更新任何前瞻性陈述，以使其符合实际结果或公司预期的变化。

For further information regarding risks and uncertainties associated withGranite’s business, please refer to the "Management’s Discussion and Analysisof Financial Condition and Results of Operation" and "Risk Factors" sectionsof Granite’s SEC filings, including, but not limited to, its annual report onForm 10-K and quarterly reports on Form 10-Q, copies of which may be obtainedby contacting Granite’s investor relations department at (831) 724-1011 or atGranite’s website at www.zkyk.net.

                        GRANITE CONSTRUCTION INCORPORATED                          COMPARATIVE FINANCIAL SUMMARY                (Unaudited - In Thousands, Except Per Share Data)                             Three Months Ended                                 March 31,                 Variance    Operations              2007          2006        Amount       Percent    Revenue      建设        $421,549     $434,338     $(12,789)        (2.9)      Material sales       $66,111      $61,630       $4,481          7.3        Total revenue     $487,660     $495,968      $(8,308)        (1.7)    Cost of revenue      建设        $385,516     $403,960      $18,444          4.6      Material sales       $54,108      $51,773      $(2,335)        (4.5)        Total cost of         revenue          $439,624     $455,733      $16,109          3.5    Gross profit           $48,036      $40,235       $7,801         19.4      Gross profit as a       percent of revenue     9.9%         8.1%         1.8%           --    General and     administrative     expenses              $54,337      $48,256      $(6,081)       (12.6)      G&A expenses as a       percent of revenue    11.1%         9.7%        (1.4%)          --    Gain on sales of     property and equipment   $713       $4,238      $(3,525)       (83.2)    Other income (expense)      Interest income       $6,843       $4,733       $2,110         44.6      Interest expense     $(1,086)     $(1,395)        $309         22.2      Equity in income       (loss) of       affiliates             $351         $(77)        $428         ****      Other, net             $(233)       $(606)        $373         61.6        Total other income  $5,875       $2,655       $3,220         ****    Income (loss) before     provision for     (benefit from)        income taxes and         minority interest    $287      $(1,128)      $1,415         ****    Minority interest      $(2,447)     $(1,067)     $(1,380)        ****    Net loss               $(2,249)     $(1,422)       $(827)       (58.2)    Net loss per share:      Basic                 $(0.05)      $(0.03)      $(0.02)       (66.7)      Diluted               $(0.05)      $(0.03)      $(0.02)       (66.7)    Weighted average shares     of common stock:      Basic                 40,992       40,739          253          0.6      Diluted               40,992       40,739          253          0.6    **** Represents percentages greater than 100%                        GRANITE CONSTRUCTION INCORPORATED                      CONDENSED CONSOLIDATED BALANCE SHE等S           (Unaudited - In thousands, except share and per share data)                                                    March 31,     December 31,                                                      2007           2006                           Assets    Current assets      Cash and cash equivalents                     $207,647       $204,893      Short-term marketable securities                93,313        141,037      Accounts receivable, net                       413,267        492,229      Costs and estimated earnings in       excess of billings                             25,666         15,797      Inventories                                     47,337         41,529      Real estate held for sale                       58,192         55,888      Deferred income taxes                           36,552         36,776      Equity in construction joint ventures           37,422         31,912      Other current assets                            65,930         63,144        Total current assets                         985,326      1,083,205    Property and equipment, net                      444,570        429,966    Long-term marketable securities                   49,882         48,948    Investment in affiliates                          23,585         21,471    Other assets                                      43,341         49,248         Total assets                             $1,546,704     $1,632,838            Liabilities and Shareholders’ Equity    Current liabilities      Current maturities of long-term debt           $29,962        $28,660      Accounts payable                               214,395        257,612      比林斯 in excess of costs and       estimated earnings                            270,641        287,843      Accrued expenses and other       current liabilities                           170,042        189,328         Total current liabilities                   685,040        763,443    Long-term debt                                    70,530         78,576    Other long-term liabilities                       64,315         58,419    Deferred income taxes                             19,798         22,324    Minority interest in consolidated subsidiaries    18,227         15,532    Shareholders’ equity      Preferred stock, 0.01美元 par value, authorized       3,000,000 shares; none outstanding                 --             --      Common stock, 0.01美元 par value,       authorized 150,000,000 shares; issued       and outstanding 41,942,130 shares in       2007 and 41,833,559 shares in 2006                420            418      Additional paid-in capital                      79,596         78,620      Retained earnings                              605,797        612,875      Accumulated other comprehensive income           2,981          2,631         Total shareholders’ equity                  688,794        694,544            Total liabilities and             shareholders’ equity                 $1,546,704     $1,632,838                                                     March 31,    December 31,    Financial Position                                 2007           2006       Working capital                              $300,286       $319,762       Current ratio                                    1.44           1.42       Debt to total capitalization                     0.13           0.13       Total liabilities to equity ratio                1.25           1.35                         GRANITE CONSTRUCTION INCORPORATED                           REVENUE AND BACKLOG ANALYSIS                        (Unaudited - Dollars In Thousands)                                 BY MARK等 SECTOR                                                    Revenue                               Three Months Ended March 31,      Variance                                    2007          2006        Amount  Percent      Public Sector               $338,829      $352,961     $(14,132)  (4.0)      Private Sector                77,803        81,347       (3,544)  (4.4)      总 sales               66,111        61,630        4,481    7.3      Other                          4,917            30        4,887   ****                                  $487,660      $495,968      $(8,308)  (1.7)                                                    Backlog                                         March 31,               Variance                                    2007         2006         Amount  Percent      Public Sector             $2,311,722    $2,219,442      $92,280    4.2      Private Sector               186,748       327,293     (140,545) (42.9)                                $2,498,470    $2,546,735     $(48,265)  (1.9)                                BY GEOGRAPHIC AREA                                                    Revenue                               Three Months Ended March 31,      Variance                                    2007          2006        Amount  Percent      加州                  $191,107      $212,871     $(21,764) (10.2)      West (Excl. CA)              124,274       103,928       20,346   19.6      Midwest                       18,289        12,910        5,379   41.7      Northeast                     46,556        69,442      (22,886) (33.0)      Southeast                     70,965        47,730       23,235   48.7      South                         36,469        49,087      (12,618) (25.7)                                  $487,660      $495,968      $(8,308)  (1.7)                                                    Backlog                                         March 31,               Variance                                    2007          2006       Amount   Percent      加州                  $506,628      $671,689    $(165,061) (24.6)      West (Excl. CA)              497,223       629,501     (132,278) (21.0)      Midwest                      425,836        65,111      360,725   ****      Northeast                    683,323       428,112      255,211   59.6      Southeast                    204,324       452,019     (247,695) (54.8)      South                        181,136       300,303     (119,167) (39.7)                                $2,498,470    $2,546,735     $(48,265)  (1.9)     **** Represents percentages greater than 100%

源 十大正规博彩平台公司