Sterling Construction (STRL) Misses Q4 EPS by 4c; Guides FY16 EPS
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March 14, 2016 6:30 AM EDT
THE WOODLANDS, Texas--(BUSINESS WIRE)--
Sterling Construction Company, Inc. (NasdaqGS: STRL) (Sterling or the
Company) today announced financial results for the fourth quarter and
full year ended December 31, 2015.
Fourth Quarter 2015 Financial Results Compared
to Fourth Quarter 2014:
Revenues were $152.5 million compared to $153.6 million in the prior
period;
Gross margin improved to 8.0% of revenues, up from 2.4%;
Operating income was $0.1 million compared with an operating loss of
$5.6 million;
Net loss attributable to Sterling common stockholders...
More
March 11, 2016 5:01 PM EST
THE WOODLANDS, Texas--(BUSINESS WIRE)--
Sterling Construction Company, Inc. (NasdaqGS: STRL)
(Sterling or the Company) today announced that Con Wadsworth has
been named Executive Vice President & Chief Operating Officer, effective
March 10, 2016. In this newly created role, Mr. Wadsworth will be
responsible for driving operational efficiency and improved performance
across all operating subsidiaries of the Company. He will report to Paul
Varello, Sterlings Chief Executive Officer.
Mr.... More
