Sterling Construction Company, Inc. Reports 2016 First Quarter Results and Reaffirms Guidance for 2016
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Sterling Construction (STRL) Announces 4.5M Share Common Stock Offering
May 2, 2016 7:56 AM EDTSterling Construction Company, Inc. (Nasdaq: STRL) announced that, subject to market and other conditions, it intends to offer, subject to market and other conditions, 4,500,000 shares of its common stock, par value $0.01 per share, in an underwritten public offering. In connection with this offering, the Company expects to grant the underwriters a 30-day option to... More
Sterling Construction (STRL) Misses Q1 EPS Expectations
May 2, 2016 7:15 AM EDTSterling Construction (NASDAQ: STRL) reported Q1 EPS of ($0.37), $0.34 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $126.6 million versus the consensus estimate of $142.54 million.
Backlog at March 31, 2016 of $854 million was up 12% from December 31, 2015. Including $68 million of projects... More
