Knife River Corporation Reports First Quarter Financial Results [Yahoo! Finance]
MDU Resources Group, Inc. (Holding Company) (MDU)
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Source: Yahoo! Finance
BISMARCK, N.D., May 07, 2024 BUSINESS WIRE )--Knife River Corporation (NYSE: KNF), an aggregates-led, vertically integrated construction materials and contracting services company, today announced financial results for the first quarter ended March 31, 2024. PERFORMANCE SUMMARY First Quarter (In millions, except per share) % Change Revenue Gross profit Net loss Net loss margin EBITDA EBITDA margin Adjusted EBITDA Adjusted EBITDA margin Net loss per share Note: EBITDA, Adjusted EBITDA, EBITDA margin and Adjusted EBITDA margin are non-GAAP financial measures. For more information on all non-GAAP measures and a reconciliation to the nearest GAAP measure, see the section entitled "Non-GAAP Financial Measures." MANAGEMENT COMMENTARY "In the first quarter of 2024, we continued to make good progress on our ‘Competitive EDGE' initiatives, including our pricing strategy, disciplined bidding to target higher-margin work and investing in growth opportunities," sa
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