Sterling Infrastructure Inc.
Sterling Infrastructure Reports Record Q4 2023 Results and Provides 2024 Guidance
Summary
Sterling Infrastructure, Inc. announced record financial results for Q4 and full-year 2023, with revenues of $486.0 million and net income of $40.2 million, or $1.28 per diluted share. The company also provided full-year 2024 guidance with revenues expected between $2.125 billion and $2.215 billion. A conference call is scheduled for February 27, 2024, to discuss these results. Sterling's management will host the call and post slides on the Investor Relations section of the company's website.
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About Sterling Infrastructure Inc.
Sterling Infrastructure Inc. is a diversified infrastructure services company primarily focused on heavy civil engineering and construction services throughout the United States. This enterprise specializes in the development of transportation and water infrastructure, site development, and remediating hazardous waste sites. With operations encompassing key areas such as highways, bridges, railways, airports, and water containment and treatment facilities, Sterling Infrastructure Inc. plays a crucial role in bolstering the nation's foundational framework. The company's projects often involve collaborations with public sector entities, reflecting its significance in executing large-scale initiatives vital to urban development and environmental sustainability. As a company listed on a major stock exchange, Sterling Infrastructure Inc. is pivotal within the construction and engineering sectors, addressing both commercial and government needs and contributing substantially to economic growth and regional connectivity.
Official SEC Documents
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