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Form 8-K · Current Report · Filed 2024-08-05

Sterling Infrastructure Reports Strong Q2 2024 Results and Raises Guidance

Sterling Infrastructure, Inc. announced record second quarter 2024 results with a 12% increase in revenues and a 31% increase in diluted EPS. The company also raised its full year 2024 guidance. Sterling will host a conference call on August 6, 2024, to discuss these results.

Filer
Sterling Infrastructure Inc. STRL · NASDAQ
Filed
Accession
0000874238-24-000118
CIK
0000874238
Signal
Medium impactIndustrials

Items reported

Item 2.02

Results of Operations and Financial Condition

Earnings Beat
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$104.90

Next session

+1.2%

Since filing

+468.9%

Latest close

$596.77

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from STRL reporting the same item, with the next session's move:

Exhibits (2)

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.

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