Granite Construction Incorporated announced its Q4 2020 results, which included a net income of $8.0 million, or $0.17 per diluted share, compared to a net loss of ($19.4) million in the prior year. The Transportation segment saw increased revenue, particularly in California, while the Water segment remained flat but experienced increased gross profit due to the absence of project write-downs. The Specialty segment also saw revenue growth, and the Materials segment experienced increased revenue and gross profit due to strong sales volumes.