Sterling Construction (STRL) Misses Q1 EPS Views

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Go back to Sterling Construction (STRL) Misses Q1 EPS Views

Sterling Construction Company, Inc. Reports 2015 First Quarter Results

May 11, 2015 6:30 AM EDT

HOUSTON--(BUSINESS WIRE)-- Sterling Construction Company, Inc. (NasdaqGS: STRL) (Sterling or the Company) today announced financial results for the first quarter ended March 31, 2015.

First Quarter 2015 Financial Results Compared to First Quarter 2014:

Revenues were $117.7 million compared to $134.5 million; Gross margin was (5.8%) of revenues compared to gross margin of 5.8%; General and administrative expenses as a percentage of revenues were 9.9% compared to 6.3%; Operating loss was $16.7 million compared to operating income of $0.4 million; Net... More