Granite backs FY24 revenue view $3.9B-$4B, consensus $4.01B

Sees FY24: Adjusted EBITDA margin in the range of 10% to 11%, narrowed from 9.5% to 11.5%. SG&A expense in a range from 8.3% to 8.5% of revenue from a range of 7.5% to 8.0% of revenue due to increased incentive compensation. Mid-20s effective tax rate for adjusted net income. Capital expenditures expected to be approximately $130 million.