Welcome to our dedicated page for Sterling Infra news (Ticker: STRL), a resource for investors and traders seeking the latest updates and insights on Sterling Infra stock.
Sterling Infra (STRL) delivers essential heavy civil construction services across transportation networks, data center developments, and residential building projects. This news hub provides investors and industry stakeholders with timely updates on the company's operational milestones, financial performance, and market positioning.
Access official press releases and curated news coverage spanning STRL's three core segments: Transportation Solutions (highway/bridge construction), E-Infrastructure Solutions (data center/e-commerce site development), and Building Solutions (residential/commercial foundations). Track project awards, technology implementations, and partnership announcements that demonstrate the company's engineering capabilities across public and private sector contracts.
This resource consolidates earnings reports, leadership updates, and strategic initiatives while maintaining strict editorial neutrality. Regular updates ensure visibility into STRL's role in modernizing North American infrastructure through advanced construction techniques and large-scale project execution.
Bookmark this page for streamlined monitoring of Sterling Infra's developments in critical sectors including transportation connectivity, data center expansion, and sustainable building practices. Verify time-sensitive details through linked source documents and regulatory filings.
Sterling Construction Company (STRL) announced that CEO Joe Cutillo and CFO Ronald Ballschmiede will participate in the D.A. Davidson Diversified Industrials and Services Virtual Conference on September 22, 2021, presenting at 2:45 PM ET. The event will include virtual meetings with investors. A live webcast of the presentation will be available, with an archived recording accessible for 90 days on the company's investor relations website. Sterling operates in Heavy Civil, Specialty Services, and Residential segments, primarily across the southern U.S., the Rocky Mountains, California, and Hawaii.
Sterling Construction Company, Inc. (NASDAQ: STRL) has elected Julie Dill to its Board of Directors, expanding the Board to eight members. Effective immediately, Dill will also serve on the Audit Committee and the Compensation and Talent Development Committee, with her term ending at the next Annual Meeting of Stockholders. Dill brings 36 years of executive experience from companies such as Shell and Duke Energy, holding various leadership roles, including Chief Communications Officer. CEO Joe Cutillo expressed confidence in her ability to provide valuable insights to the Board.
Sterling Construction Company (NASDAQ: STRL) announces that CEO Joe Cutillo and CFO Ronald Ballschmiede will present at the Sidoti August Microcap Conference on August 19, 2021, at 11:30 AM ET. Management will be available for one-on-one meetings throughout the day. Interested parties can contact Sidoti’s institutional sales representative for scheduling. A live webcast of the presentation can be accessed at this link, with an archived recording available for 90 days on their website.
Sterling Construction Company (NasdaqGS: STRL) reported a strong second quarter 2021, with revenues of $401.7 million, up from $400.0 million in Q2 2020. Net income rose to $20.1 million, with diluted EPS at $0.69. The company’s backlog increased to $1.57 billion, and combined backlog reached a record margin of 12.2%. Sterling also raised its full-year net income guidance to $55-58 million. Despite challenges from inflation and supply chain issues, all segments showed strong bottom-line results, reinforcing the company's positive outlook and liquidity improvement.
Sterling Construction Company, Inc. (NasdaqGS: STRL) announced a substantial achievement, securing projects worth $159 million in the second quarter of 2021 within its Specialty Services segment. The portfolio includes important projects such as distribution centers, data centers, and industrial warehouses. CEO Joe Cutillo expressed optimism regarding market growth and the company's geographic expansion, underscoring their competitive advantage in handling complex projects. These developments contribute to a robust backlog, positioning Sterling for sustained growth in the latter half of 2021 and beyond.
Sterling Construction Company (NasdaqGS: STRL) announced that CEO Joe Cutillo and CFO Ronald Ballschmiede will present at the Jefferies Virtual Industrials Conference on August 4, 2021, at 2:00 PM ET. A live webcast of their presentation is scheduled from 2:00 to 2:25 PM ET, with an archived recording available for 30 days on the company’s website. Sterling operates through subsidiaries specializing in Heavy Civil, Specialty Services, and Residential projects across the U.S., focusing on infrastructure, land development, and concrete foundations.
Sterling Construction Company (NasdaqGS: STRL) plans to release its Q2 2021 financial results on August 2, 2021, after market close. A conference call is scheduled for August 3, 2021, at 9:00 am ET to discuss the results and outlook. The call will be accessible via phone at (201) 493-6744 or (877) 445-9755. A slide presentation will accompany the call and be available on www.strlco.com. The company operates in heavy civil, specialty services, and residential projects primarily in the U.S.
Sterling Construction Company (NasdaqGS: STRL) has amended its credit agreement with BMO Harris Bank, resulting in significant financial benefits. The interest rate on borrowings is reduced by two percentage points and mandatory quarterly payments drop from $12.5 million to $4.1 million. These changes, approved by all ten banks in the lending syndicate, are expected to lower pre-tax interest expenses by approximately $1.6 million per quarter for the remainder of 2021. The amendment reflects strong operational performance and aims to enhance growth and shareholder value.
Sterling Construction Company (NasdaqGS: STRL) announced that CEO Joe Cutillo and CFO Ronald Ballschmiede will present at the Stifel 2021 Virtual Cross Sector Insight Conference on June 9, 2021, at 10:00 AM EDT. The company’s management will also hold one-on-one meetings throughout the day. Interested parties can schedule meetings via their Stifel representative or Fred Buonocore. A live webcast of the presentation is available from 10:00 - 10:30 AM EDT, with an archived version accessible for 90 days on the company's investor relations webpage.