STRL earnings
Sterling Infrastructure Inc. (STRL) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Sterling Reports Record First Quarter Results and Raises Full Year 2026 GuidanceTHE WOODLANDS, Texas, May 4, 2026 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced strong financial results for the first quarter of 2026. The financial comparisons herein are to the prior year quarter, unless otherwise noted.First Quarter 2026 Results:Revenues of $825.7 million increased by 92%. The recently acquired CEC business contributed $156.1 million to revenue in the quarter.Net income of $96.0 million, or $3.09 per diluted share, increases of 143% and 141% respectively.EBITDA(1) of $155.2 million, an increase of 1
- Sterling Schedules 2026 First Quarter Release and Conference CallTHE WOODLANDS, Texas, April 22, 2026 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the first quarter of 2026 on Monday, May 4, 2026, after the stock market closes. Sterling's management will host a conference call on Tuesday, May 5, 2026, at 9:00 am ET/8:00 am CT to discuss the first quarter, as well as the 2026 outlook. Interested parties may participate in the call by dialing (800) 836-8184. Please call in ten minutes before the conference call is scheduled to begin and
- Sterling Reports Strong Fourth Quarter and Full Year 2025 Results and Issues Full Year 2026 GuidanceTHE WOODLANDS, Texas, Feb. 25, 2026 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced strong financial results for the fourth quarter of 2025. The financial comparisons herein are to the prior year quarter, unless otherwise noted.Fourth Quarter 2025Results:Please note that in the fourth quarter of 2024, the deconsolidation of our RHB joint venture resulted in a change in our accounting of the joint venture such that revenue and backlog are no longer included in our consolidated results. Please see the "Historical Quarterly
- Sterling Schedules 2025 Fourth Quarter and Full Year Release and Conference CallTHE WOODLANDS, Texas, Feb. 13, 2026 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the fourth quarter of 2025 on Wednesday, February 25, 2026, after the stock market closes. Sterling's management will host a conference call on Thursday, February 26, 2026, at 9:00 am ET/8:00 am CT to discuss the fourth quarter and full year, as well as the 2026 outlook. Interested parties may participate in the call by dialing (800) 836-8184. Please call in ten minutes before the conferen
- Sterling Reports Record Third Quarter 2025 Results and Increases Full Year GuidanceTHE WOODLANDS, Texas, Nov. 3, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced record financial results for the third quarter of 2025. The financial comparisons herein are to the prior year quarter, unless otherwise noted. Due to the deconsolidation of the RHB joint venture on December 31, 2024, RHB is no longer included in consolidated revenue or backlog. As such, prior-year comparisons for these metrics have been adjusted to exclude RHB. Please see the "Historical Quarterly Backlog Information" section below for r
- Sterling Schedules 2025 Third Quarter Release and Conference CallTHE WOODLANDS, Texas, Oct. 23, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the third quarter of 2025 on Monday, November 3, 2025, after the stock market closes. Sterling's management will host a conference call on Tuesday, November 4, 2025, at 9:00 am ET/8:00 am CT to discuss the third quarter, as well as the 2025 outlook. Interested parties may participate in the call by dialing (800) 836-8184. Please call in ten minutes before the conference call is scheduled t
- Sterling Infrastructure Completes Acquisition of CEC Facilities GroupAcquisition Expands Suite of E-Infrastructure Services into Mission-Critical Electrical Contracting THE WOODLANDS, Texas, Sept. 2, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it has completed its previously announced acquisition of Irving, Texas-based CEC Facilities Group, LLC, et al. ("CEC"), a leading specialty electrical and mechanical contractor. CEC will join Sterling's E-Infrastructure Solutions segment and is estimated to generate the following financial contributions in the remainder of calendar ye
- Sterling Reports Record Second Quarter 2025 Results and Increases Full Year GuidanceTHE WOODLANDS, Texas, Aug. 4, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced record financial results for the second quarter of 2025. The financial comparisons herein are to the prior year quarter, unless otherwise noted. Due to the deconsolidation of the RHB joint venture on December 31, 2024, RHB is no longer included in consolidated revenue or backlog. As such, prior-year comparisons for these metrics have been adjusted to exclude RHB. Please see the "Historical Quarterly Backlog Information" section below for
- Sterling Schedules 2025 Second Quarter Release and Conference CallTHE WOODLANDS, Texas, July 24, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the second quarter of 2025 on Monday, August 4, 2025, after the stock market closes. Sterling's management will host a conference call on Tuesday, August 5, 2025, at 9:00 am ET/8:00 am CT to discuss the second quarter, as well as the 2025 outlook. Interested parties may participate in the call by dialing (800) 836-8184. Please call in ten minutes before the conference call is scheduled to
- Sterling Announces Agreement to Acquire CEC Facilities GroupAcquisition Expands Suite of E-Infrastructure Services into Mission-Critical Electrical Contracting Conference Call with Accompanying Slide Deck: June 17, 2025 at 11:00 AM ET/ 10:00 AM CT THE WOODLANDS, Texas, June 17, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it has signed a definitive agreement to purchase substantially all of the assets of Irving, Texas-based CEC Facilities Group, LLC ("CEC") a leading specialty electrical and mechanical contractor. The upfront purchase price at closing totals $505 million, consisting of $450 million in cash (subject to certain adjustments) and $55 million in Sterling Common Stock
- Sterling Reports First Quarter 2025 Results and Increases Full Year GuidanceTHE WOODLANDS, Texas, May 5, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the first quarter of 2025. The financial comparisons herein are to the prior year quarter, unless otherwise noted. Due to the deconsolidation of the RHB joint venture on December 31, 2024, RHB is no longer included in consolidated revenue or backlog. As such, prior-year comparisons for these metrics are on an adjusted, pro forma basis to exclude RHB. Please see the "Historical Quarterly Backlog Information" section be
- Sterling Schedules 2025 First Quarter Release and Conference CallTHE WOODLANDS, Texas, April 24, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the first quarter of 2025 on Monday, May 5, 2025, after the stock market closes. Sterling's management will host a conference call on Tuesday, May 6, 2025, at 9:00 am ET/8:00 am CT to discuss the first quarter, as well as the 2025 outlook. Interested parties may participate in the call by dialing (800) 836-8184. Please call in ten minutes before the conference call is scheduled to begin a
- Sterling Reports Record Fourth Quarter and Full Year 2024 Results and Provides Full Year 2025 GuidanceTHE WOODLANDS, Texas, Feb. 25, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the fourth quarter and full year 2024 and provided full year 2025 guidance. The financial comparisons herein are to the prior year quarter, unless otherwise noted. Due to the deconsolidation of our RHB joint venture on December 31, 2024, RHB is not included in year-end 2024 consolidated backlog. As such, our prior-year comparisons for these metrics are on an adjusted basis to exclude RHB. Please see the "Historical
- Sterling Schedules 2024 Fourth Quarter and Full Year Release and Conference CallTHE WOODLANDS, Texas, Feb. 13, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the fourth quarter and full year 2024 on Tuesday, February 25, 2025, after the stock market closes. Sterling's management will host a conference call on Wednesday, February 26, 2025, at 9:00 am ET/8:00 am CT to discuss the fourth quarter and full year 2024 results, as well as the 2025 outlook. Interested parties may participate in the call by dialing (800) 836-8184. Please call in ten minu
- Sterling Reports Record Third Quarter 2024 Results and Raises Full Year Profitability GuidanceTHE WOODLANDS, Texas, Nov. 6, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the third quarter 2024. The financial comparisons herein are to the prior year quarter, unless otherwise noted. Third Quarter 2024 Results Revenues of $593.7 million, an increase of 6%Gross margin of 21.9%, up from 16.4%Net Income of $61.3 million, or $1.97 per diluted share, an increase of 56% for both metricsEBITDA(1) of $100.8 million, an increase of 42%Cash flows from operations totaled $322.8 million for the nin
- Sterling Schedules 2024 Third Quarter Release and Conference CallTHE WOODLANDS, Texas, Oct. 24, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the third quarter of 2024 on Wednesday, November 6, 2024, after the stock market closes. Sterling's management will host a conference call on Thursday, November 7, 2024, at 10:00 am ET/9:00 am CT to discuss the third quarter results, as well as the 2024 outlook. Interested parties may participate in the call by dialing (800) 836-8184. Please call in ten minutes before the conference call i
- Sterling Reports Record Second Quarter 2024 Results and Raises Full Year GuidanceTHE WOODLANDS, Texas, Aug. 5, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the second quarter 2024. The financial comparisons herein are to the prior year quarter, unless otherwise noted. Second Quarter 2024 Results Revenues of $582.8 million, an increase of 12%Gross margin of 19.3%, an increase from 17.7%Net Income of $51.9 million, or $1.67 per diluted share, an increase of 31% for both metrics.EBITDA(1) of $87.0 million, an increase of 18%Cash flows from operations totaled $170.6 million
- Sterling Schedules 2024 Second Quarter Release and Conference CallTHE WOODLANDS, Texas, July 25, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the second quarter of 2024 on Monday, August 5, 2024, after the stock market closes. Sterling's management will host a conference call on Tuesday, August 6, 2024, at 9:00 am ET/8:00 am CT to discuss the second quarter results, as well as the 2024 outlook. Interested parties may participate in the call by dialing (800) 836-8184. Please call in ten minutes before the conference call is sched
- Sterling Reports Record First Quarter 2024 ResultsTHE WOODLANDS, Texas, May 6, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the first quarter 2024. The financial comparisons herein are to the prior year quarter, unless otherwise noted. First Quarter 2024 Results Revenues of $440.4 million, an increase of 9%Gross margin of 17.5%, an increase from 15.3%Net Income of $31.0 million, or $1.00 per diluted share, an increase of 58% and 56%, respectivelyEBITDA(1) of $55.7 million, an increase of 21%Cash flows from operations totaled $49.6 million
- Sterling Schedules 2024 First Quarter Release and Conference CallTHE WOODLANDS, Texas, April 25, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the first quarter of 2024 on Monday, May 6, 2024, after the stock market closes. Sterling's management will host a conference call on Tuesday, May 7, 2024, at 9:00 am ET/8:00 am CT to discuss the first quarter results, as well as the 2024 outlook. Interested parties may participate in the call by dialing (800) 836-8184. Please call in ten minutes before the conference call is scheduled to
- Sterling Reports Record Fourth Quarter and Full Year 2023 ResultsProvides 2024 Full Year Guidance THE WOODLANDS, Texas, Feb. 26, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the fourth quarter and full year 2023 and provided full year 2024 guidance. The financial information herein is from continuing operations and comparisons are to the prior year quarter, unless otherwise noted. Fourth Quarter 2023 Results Revenues of $486.0 million, an increase of 8%Gross margin of 18.9%, an increase from 15.4%Net Income of $40.2 million, or $1.28 per diluted share, a
- Sterling Schedules 2023 Fourth Quarter and Full Year Release and Conference CallTHE WOODLANDS, Texas, Feb. 15, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the fourth quarter and full year 2023 on Monday, February 26, 2024, after the stock market closes. Sterling's management will host a conference call on Tuesday, February 27, 2024, at 9:00 am ET/8:00 am CT to discuss the 2023 fourth quarter and full year results, as well as the 2024 outlook. Interested parties may participate in the call by dialing (800) 836-8184. Please call in ten minutes
- Sterling Reports Second Quarter 2023 Record ResultsIncreases 2023 Full Year Guidance Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the second quarter 2023. The financial information herein is from continuing operations and comparisons are to the prior year quarter, unless otherwise noted. Second Quarter 2023 Results Revenues of $522.3 million, an increase of 13.1% Gross margin of 17.7%, an increase from 15.4% Net Income of $39.5 million, or $1.27 per diluted share, an increase of 40% and 37%, respectively EBITDA(1) of $73.5 million, an increase of 29% Cash flows from operations totaled $181.1 million for the six months ended June 30, 2023 Cash and Cash
- Sterling Schedules 2023 Second Quarter Release and Conference CallSterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the second quarter on Monday, August 7, 2023, after the stock market closes. Sterling's management will host a conference call on Tuesday, August 8, 2023, at 9:00 am ET/8:00 am CT to discuss the 2023 second quarter, as well as the 2023 outlook. Interested parties may participate in the call by dialing (201) 493-6744 or (877) 445-9755. Please call in ten minutes before the conference call is scheduled to begin and ask for the Sterling Infrastructure call. To coincide with the conference call, Sterling will post a slide presentation at www.strlco.com on
- Sterling Reports Record First Quarter 2023 ResultsSterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the first quarter 2023. The financial information herein is from continuing operations and comparisons are to the prior year quarter, unless otherwise noted. First Quarter 2023 Results Revenues of $403.6 million, an increase of 10% Gross margin of 15.3%, an increase from 15.1% Net Income of $19.6 million, or $0.64 per diluted share, an increase of 11% and 8%, respectively EBITDA(1) of $45.9 million, an increase of 14%; Adjusted EBITDA(1) of $46.1 million, an increase of 13% Cash flows from operations of $49.1 million for the first quarter Cash and Cash Equiva
- Sterling Schedules 2023 First Quarter Release and Conference CallSterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the first quarter of 2023 on Monday, May 1, 2023, after the stock market closes. Sterling's management will host a conference call on Tuesday, May 2, 2023, at 9:00 am ET/8:00 am CT to discuss the 2023 first quarter results, as well as the 2023 outlook. Interested parties may participate in the call by dialing (201) 493-6744 or (877) 445-9755. Please call in ten minutes before the conference call is scheduled to begin and ask for the Sterling Infrastructure call. To coincide with the conference call, Sterling will post a slide presentation at www.strlco
- Sterling Reports Record Fourth Quarter and Full Year 2022 ResultsProvides 2023 Full Year Guidance Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the fourth quarter and full year 2022 and provided full year 2023 guidance. Fourth Quarter 2022 Results (compared with prior year period) (The financial information herein is from continuing operations unless otherwise noted) Revenues of $448.6 million, an increase of 26% Gross margin of 15.4%, an increase from 14.8% Net Income was $20.2 million, or $0.66 per diluted share, an increase of 80% and 74%, respectively EBITDA(1) of $49.9 million, an increase of 78%; Adjusted EBITDA(1) of $50.1 million, an increase of 58% Cash flows from ope
- Sterling Schedules 2022 Fourth Quarter and Full Year Release and Conference CallSterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the fourth quarter and full year 2022 on Monday, February 27, 2023, after the stock market closes. Sterling's management will host a conference call on Tuesday, February 28, 2023, at 9:00 am ET/8:00 am CT to discuss the 2022 fourth quarter and full year results, as well as the 2023 outlook. Interested parties may participate in the call by dialing (201) 493-6744 or (877) 445-9755. Please call in ten minutes before the conference call is scheduled to begin and ask for the Sterling Infrastructure call. To coincide with the conference call, Sterling will p
- Sterling Reports Record Third Quarter 2022 ResultsResults Continue to Outpace Expectations Increases 2022 Full Year Guidance Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the third quarter 2022. Third Quarter 2022 Results Total Revenue of $556.9 million, an increase of 20% compared to the third quarter of 2021 Net Income was $29.5 million, or $0.97 per diluted share, an increase of 40% and 35%, respectively, compared to the third quarter of 2021 EBITDA(1) of $60.2 million, an increase of 50% compared to the third quarter of 2021 Cash flows from operations was $96.1 million and $130.6 million for the third quarter and nine months ended September 30, 2022, respective
- Sterling Schedules 2022 Third Quarter Release and Conference CallSterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the third quarter of 2022 on Monday, October 31, 2022, after the stock market closes. Sterling's management will host a conference call on Tuesday, November 1, 2022, at 9:00 am ET/8:00 am CT to discuss the 2022 third quarter results, as well as the 2022 outlook. Interested parties may participate in the call by dialing (201) 493-6744 or (877) 445-9755. Please call in ten minutes before the conference call is scheduled to begin and ask for the Sterling Infrastructure call. To coincide with the conference call, Sterling will post a slide presentation at w
- Sterling Reports Record Second Quarter 2022 ResultsEarnings Continue to Outpace Expectations Increases 2022 Full Year Guidance Sterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the second quarter 2022. Second Quarter 2022 Results Total Revenue of $510.6 million, an increase of 27% compared to the second quarter of 2021 Net Income was $26.0 million, or $0.86 per diluted share, an increase of 29% and 25%, respectively, compared to the second quarter of 2021 EBITDA(1) of $54.3 million, an increase of 33% compared to the second quarter of 2021 Cash and Cash Equivalents totaled $72.9 million at June 30, 2022 Backlog at June 30, 2022 was $1.54 billion, an increase of 3
- Sterling Schedules 2022 Second Quarter Release and Conference CallSterling Infrastructure, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the second quarter of 2022 on Monday, August 1, 2022, after the stock market closes. Sterling's management will host a conference call on Tuesday, August 2, 2022, at 9:00 am ET/8:00 am CT to discuss the 2022 second quarter results, as well as the 2022 outlook. Interested parties may participate in the call by dialing (201) 493-6744 or (877) 445-9755. Please call in ten minutes before the conference call is scheduled to begin and ask for the Sterling Infrastructure call. To coincide with the conference call, Sterling will post a slide presentation at www
- Sterling Aligns Company Name to Reflect Leadership in Infrastructure SolutionsSterling Construction Company, Inc. (NASDAQ:STRL) ("Sterling" or "the company") announced that the company will change its name to "Sterling Infrastructure, Inc.", which the company expects to take effect on June 1, 2022. The new name, logo and branding elements were introduced to better reflect the company's position as an industry leader specializing in E-Infrastructure, Building and Transportation Solutions. Once primarily a highway and bridge construction company, Sterling is now an infrastructure solutions provider with a portfolio of diversified, value-added services and an expanded footprint in high-growth end markets. Sterling's growth strategy remains focused on delivering value-a
- Sterling Reports Record First Quarter 2022 ResultsEarnings Continue to Outpace Expectations Petillo Delivers Immediately Accretive Earnings Sterling Construction Company, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the first quarter 2022. First Quarter 2022 Results (as compared to First Quarter 2021) Total Revenue of $410.3 million, an increase of 30% Net Income was $19.3 million, or $0.64 per diluted share, an increase of 82% and 73%, respectively EBITDA(1) of $39.8 million, an increase of 33% Cash and Cash Equivalents totaled $80.4 million at March 31, 2022 Total backlog at March 31, 2022 was $1.53 billion, an increase of 2% For the three months ended March 31, 2022, the Compa
- Sterling Schedules 2022 First Quarter Release and Conference CallSterling Construction Company, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the first quarter of 2022 on Monday, May 2, 2022, after the stock market closes. Sterling's management will host a conference call on Tuesday, May 3, 2022, at 9:00 am ET/8:00 am CT to discuss the 2022 first quarter results, as well as the 2022 outlook. Interested parties may participate in the call by dialing (201) 493-6744 or (877) 445-9755. Please call in ten minutes before the conference call is scheduled to begin and ask for the Sterling Construction call. To coincide with the conference call, Sterling will post a slide presentation at www.str
- Sterling Reports Record Fourth Quarter and Full Year 2021 ResultsEPS Continues to Outpace Expectations Delivered Record Full Year Operating Cash Flow Provides 2022 Full Year Revenue and Net Income Guidance Sterling Construction Company, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the fourth quarter and full year 2021. Fourth Quarter 2021 Results (as compared to Fourth Quarter 2020) Total Revenue of $401.3 million, an increase of 15.6% Net Income was $10.9 million, or $0.37 per diluted share, an increase of 87.3%; Adjusted Net Income(1) of $13.9 million or $0.47 per diluted share, an increase of 137.5% EBITDA(2) of $28.1 million, a decrease of 2.7%; Adjusted EBITDA(2) of $32.0 million, an increase of 10.7
- Sterling Schedules 2021 Fourth Quarter Release and Conference CallSterling Construction Company, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the fourth quarter of 2021 on Monday, February 28, 2022, after the stock market closes. Sterling's management will host a conference call on Tuesday, March 1, 2021, at 9:00 am ET/8:00 am CT to discuss the 2021 fourth quarter results, as well as the 2022 outlook. Interested parties may participate in the call by dialing (201) 493-6744 or (877) 445-9755. Please call in ten minutes before the conference call is scheduled to begin and ask for the Sterling Construction call. To coincide with the conference call, Sterling will post a slide presentation
- Sterling Acquires Petillo, an Industry Leading Specialty Site Development CompanyOne of the largest specialty site development companies in the Northeast Expansion of geographic footprint to cover blue chip e-commerce customers in all major East Coast markets Positions Sterling to be an industry leader in E-infrastructure specialty site development Strong cultural alignment Pro forma Total Leverage Ratio increases modestly from 2.14 to 2.35 times, remaining comfortably within our target range and providing ample liquidity Accretive day one Conference Call with Accompanying Slide Presentation, Thursday, January 6, 2022 at 9:00 am ET Sterling Construction Company, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") entered into a Stock Purchase Agreement a
- Sterling Reports Third Quarter 2021 ResultsEPS Continues to Outpace Expectations Increases 2021 Full Year Revenue and Net Income Guidance Delivered Record YTD Operating Cash Flow Sterling Construction Company, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the third quarter 2021. Consolidated Third Quarter 2021 Financial Results Compared to Third Quarter 2020: Revenues were $463.4 million compared to $383.5 million. Net Income was $21.1 million compared to $15.2 million. Diluted EPS was $0.72 compared to $0.54. Consolidated Financial Position and Liquidity: Cash and Cash Equivalents were $117.7 million at September 30, 2021. Cash provided by operating cash flow was a record $135.
- Sterling Schedules 2021 Third Quarter Release and Conference CallSterling Construction Company, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the third quarter of 2021 on Tuesday, November 2, 2021 after the stock market closes. Sterling's management will host a conference call on Wednesday, November 3, 2021, at 9:00 am ET/8:00 am CT to discuss the 2021 third quarter results, as well as the 2021 outlook. Interested parties may participate in the call by dialing (201) 493-6744 or (877) 445-9755. Please call in ten minutes before the conference call is scheduled to begin and ask for the Sterling Construction call. To coincide with the conference call, Sterling will post a slide presentatio
- Sterling Reports Second Quarter 2021 ResultsExceeds EPS Expectations Delivers Record Cash Flow from Operating Activities Increases 2021 Full Year Net Income Guidance Sterling Construction Company, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the second quarter 2021. Consolidated Second Quarter 2021 Financial Results Compared to Second Quarter 2020: Revenues were $401.7 million compared to $400.0 million. Net Income was $20.1 million compared to $18.2 million. Diluted EPS was $0.69 compared to $0.65. Consolidated Financial Position and Liquidity: Cash and Cash Equivalents were $93.6 million at June 30, 2021. Cash provided by operating activities was a record $91.5 million for t
- Sterling Construction Schedules 2021 Second Quarter Release and Conference CallSterling Construction Company, Inc. (NASDAQ:STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the second quarter of 2021 on Monday, August 2, 2021 after the stock market closes. Sterling's management will host a conference call on Tuesday, August 3, 2021, at 9:00 am ET/8:00 am CT to discuss the 2021 second quarter results, as well as the 2021 outlook. Interested parties may participate in the call by dialing (201) 493-6744 or (877) 445-9755. Please call in ten minutes before the conference call is scheduled to begin and ask for the Sterling Construction call. To coincide with the conference call, Sterling will post a slide presentation at
- Sterling Reports Record First Quarter 2021 ResultsRecord First Quarter Revenue, Earnings, and Operating Cash Flow Backlog Reaches an All-Time High of $1.64 Billion Sterling Construction Company, Inc. (NASDAQ:STRL) ("Sterling" or the "Company") today announced financial results for the first quarter 2021. Consolidated First Quarter 2021 Financial Results Compared to First Quarter 2020: Revenues were $315.3 million compared to $296.7 million; Gross margin was 14.3% of revenues compared to 11.9%; Operating income was $22.8 million compared to $12.1 million; Net Income was $10.6 million compared to $3.1 million; EPS was $0.37 compared to $0.11; and, EBITDA(1) was $29.9 million compared to $20.3 million. Consolidated Financial