Reports Q2 revenue $833.8M, consensus $886.58M. “While second quarter financial results were below our expectations, we built our backlog to an all-time record of $1.3 billion and continued to invest in Knife River’s (KNF) long-term success, including two new acquisitions since the first quarter and additional process improvements,” said Knife River president and CEO Brian Gray. “We believe these investments, along with a laser focus on our Competitive EDGE strategy, our proven business model and the nation’s clear demand for infrastructure development, will continue to drive meaningful growth at Knife River for years to come.”
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