Sterling Construction (STRL) Reports Q3 EPS of 10c

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Sterling Construction Company, Inc. Reports 2016 Third Quarter Results

October 31, 2016 4:01 PM EDT

Revises Guidance to Reflect Slower than Anticipated Turnaround in Texas Sterling Division

Sterlings Four Other Businesses Performing at or Above Expectations

Average Gross Margin in Backlog Continues to Improve

Strengthened Balance Sheet and Improved Liquidity

THE WOODLANDS, Texas--(BUSINESS WIRE)-- Sterling Construction Company, Inc. (NasdaqGS: STRL) (Sterling or the Company) today announced financial results for the third quarter ended September 30, 2016.

Third Quarter 2016 Financial Results Compared to Third Quarter 2015:

Revenues grew 16.8% to $205.6 million compared to $176.0 million;... More