PR Newswire
THE WOODLANDS, Texas, Nov. 20, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that management is participating in the following investor conference.
UBS Global Industrials and Transportation ConferenceDate: December 3, 2024Venue: Eau Resort & Spa – Palm Beach
Sterling's management will host one-on-one meetings with investors at this event. Those interested in attending the conference should reach out to their respective representatives or Noelle Dilts at noelle.dilts@strlco.com.
THE WOODLANDS, Texas, Nov. 15, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that Thomas M. White will retire from the company's Board of Directors (the "Board") effective December 31, 2024. Mr. White was elected Chairman of the Board in December 2019 and served as a member of the Audit, Compensation & Talent Development, and Corporate Governance & Nominating Committees after joining the Board in July 2018. Sterling's Corporate Governance & Nominating Committee is in the process of determining Mr. White's successor.
THE WOODLANDS, Texas, Nov. 6, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or the "Company") today announced financial results for the third quarter 2024.
The financial comparisons herein are to the prior year quarter, unless otherwise noted.
Third Quarter 2024 Results
Revenues of $593.7 million, an increase of 6%Gross margin of 21.9%, up from 16.4%Net Income of $61.3 million, or $1.97 per diluted share, an increase of 56% for both metricsEBITDA(1) of $100.8 million, an increase of 42%Cash flows from operations totaled $322.8 million for the nine months ended September 30, 2024Cash and Cash Equivalents totaled $648.1 million at September 30, 2024Backlog at September 30, 2024 was $2.06 billionCombined backlog(2) at September 30, 2024 was $2.37 billion
THE WOODLANDS, Texas, Nov. 6, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that management is participating in the following investor conferences:
Baird Global Industrial ConferenceDate: November 13-14, 2024Venue: The Ritz-Carlton, ChicagoCompany presentation is scheduled for November 14th from 10:15-10:45 AM CT
THE WOODLANDS, Texas, Oct. 24, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that it plans to issue its financial results for the third quarter of 2024 on Wednesday, November 6, 2024, after the stock market closes.
Sterling's management will host a conference call on Thursday, November 7, 2024, at 10:00 am ET/9:00 am CT to discuss the third quarter results, as well as the 2024 outlook. Interested parties may participate in the call by dialing (800) 836-8184. Please call in ten minutes before the conference call is scheduled to begin and ask for the Sterling Infrastructure call. To coincide with the conference call, Sterling will post a slide presentation at www.strlco.com on the Events & Presentations section of the Investor Relations tab.
THE WOODLANDS, Texas, Sept. 10, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that management is participating in the following investor conference:
D. A. Davidson 23rd Annual Diversified Industrials & Services ConferenceDate: September 19, 2024Venue: Four Seasons Hotel, Nashville, TNCompany presentation is scheduled at 8:00-8:35 am ETWebcast: https://wsw.com/webcast/dadco66/strl/1947843
THE WOODLANDS, Texas, Aug. 28, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that Charles R. Patton will retire from the company's Board of Directors (the "Board") effective September 1, 2024. Mr. Patton has served on the Board since 2013 and is a member of the Corporate Governance & Nominating Committee and the Compensation Committee.
THE WOODLANDS, Texas, Aug. 8, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced the appointment of Dan Govin as Chief Operating Officer ("COO"). In this role, Dan will be responsible for leading the execution of Sterling's strategic and operational activities.
Dan brings 30 years of experience in operations and leadership to Sterling. Since 1994, Dan has held multiple commercial and operations management roles within the energy infrastructure industry. Starting in 2007, Dan joined Quanta Services, where he most recently held the position of Regional President, and previously served as President of Par Electrical Contractors and Senior Vice President of Operations. He holds a Master of Business Administration from the Roy E. Crummer School of Business at Rollins College and a Bachelor of Science from the University of Wisconsin Green Bay.
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