Sterling Construction (STRL) Tops Q2 EPS by 12c, Offers Guidance
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Sterling Reports Record Second Quarter 2022 Results
August 1, 2022 4:06 PM EDTEarnings Continue to Outpace Expectations
Increases 2022 Full Year Guidance
THE WOODLANDS, Texas--(BUSINESS WIRE)-- Sterling Infrastructure, Inc. (NasdaqGS: 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... More