GR Engineering Services Limited announced a revision to its expected earnings for the financial year ending June 30, 2017. Due to departures from anticipated progress claim timing on recently awarded projects, revenue which was expected to materialise in the fiscal year 2017 has been deferred into the fiscal year 2018. As a result, the company expects revenue for the fiscal year 2017 to be in the range $215.0 million to $220.0 million (Fiscal 2016 $255.3 million). EBITDA is now expected to be in the range of $16.0 million to $17.0 million (Fiscal 2016 $26.1 million). The company now expect revenue in the fiscal year 2018 to be in the range of $300 million to $330 million.