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Granite Construction gross profit up 166.1% year-over-year – New Business Ethiopia

First Quarter 2021 Results
Results for the first quarter of 2021 were a net loss of ($66.2) million, or ($1.45) per diluted share, compared to a net loss of ($65.4) million, or ($1.44) per diluted share, in the prior year.
Adjusted net loss(2) for the first quarter of 2021, which excludes other costs(3), non-cash impairments of goodwill, Transaction costs(4), and amortization of debt discount related to our 2.75% convertible notes, was ($4.9) million, or ($0.11) per diluted share, compared to an adjusted net loss(2) of ($31.6) million, or ($0.69) per diluted share, in the prior year.
– Revenue increased 5.3% to $669.9 million compared to $635.9 million in the prior year.
– Gross profit increased 166.1% to $63.3 million compared to $23.8 million in the prior year. Gross profit margin increased to 9.5% compared to 3.7% in the prior year. ....

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Wedbush Securities Welcomes Veteran Corporate Wealth Strategist Andrew Hutcheson as Senior Vice President and Branch Manager

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LOS ANGELES, Dec. 15, 2020 /PRNewswire/ Wedbush Securities, one of the nation s leading independent financial services providers, is pleased to announce Andrew Hutcheson, has joined Wedbush Securities as Senior Vice President and Branch Manager. The veteran corporate wealth strategist is based at the firm s Los Angeles headquarters in advance of expansion into the Pasadena market and reports into Southern Pacific Regional Executive, Frank Epinger.
Andrew Hutcheson, Wedbush Securities
In his more than 20 years in the financial services business, Andrew has become a subject matter expert as it pertains to executive compensation and planning, advising wealthy families, large and small corporations both privately held and publicly traded, their principals and their advisors. Prior to joining Wedbush, he served as a Managing Director with Alex Brown, a division of Raymond James. Andrew was with UBS before Alex Brown, where he was ....

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