Sterling Construction (STRL) Misses Q4 EPS by 4c; Guides FY16 EPS
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Sterling Construction Company, Inc. Reports 2015 Fourth Quarter and Full Year Results, and Announces Guidance for 2016
March 14, 2016 6:30 AM EDTTHE 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... MoreSterling Construction Company Appoints Con Wadsworth Executive Vice President & Chief Operating Officer
March 11, 2016 5:01 PM ESTTHE 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
