Knife River reports Q1 earnings

Knife River reports Q1 earnings

Knife River Corp. (KNF) on Tuesday reported a loss of $68.7 million in its first quarter.

Revenue up along with seasonal loss at Knife River | Pit & Quarry

Gray Knife River Corp. reported elevated first-quarter revenue along with a higher seasonal loss, but president and CEO Brian Gray remains encouraged by the outlook for the company. Quarterly revenue was up 7 percent to $353.5 million at Knife River. The company’s net loss in the quarter was $68.7 million – a mark that’s 44 percent higher than the prior-year period. Gray says the company’s seasonal loss in the first quarter was in line with expe…