Sterling Construction (STRL) Tops Q3 EPS by 2c; Appoints New CFO
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Sterling Construction Company, Inc. Reports 2015 Third Quarter Results
November 9, 2015 6:30 AM ESTTHE WOODLANDS, Texas--(BUSINESS WIRE)-- Sterling Construction Company, Inc. (NasdaqGS: STRL) (Sterling or the Company) today announced financial results for the third quarter ended September 30, 2015.
Third Quarter 2015 Financial Results Compared to Third Quarter 2014:
Revenues were $176.0 million compared to $189.3 million; Gross margin improved to 8.2% of revenues from 4.4%; Operating income was $2.4 million compared with an operating loss of $1.6 million in the prior year period; Net income attributable to Sterling common stockholders was $0.3 million ($0.01 per diluted share),... MoreSterling Construction Company Appoints Ronald A. Ballschmiede Executive Vice President & Chief Financial Officer
November 9, 2015 6:30 AM ESTTHE WOODLANDS, Texas--(BUSINESS WIRE)-- Sterling Construction Company, Inc. (NasdaqGS:STRL) (Sterling or the Company) today announced that Ronald A. Ballschmiede has been named Executive Vice President & Chief Financial Officer effective November 9, 2015 and that Kevan Blair will resume his role as Senior Vice President, Corporate Finance.
Mr. Ballschmiede brings nearly 40 years of accounting and financial management experience to Sterling, most recently with Chicago Bridge... More
