Sterling Construction (STRL) Tops Q1 EPS by 1c

Go back to Sterling Construction (STRL) Tops Q1 EPS by 1c

Sterling Construction Company, Inc. Reports Strong 2018 First Quarter Results

May 7, 2018 4:05 PM EDT

Reaffirms 2018 Outlook for Significant Top and Bottom Line Growth

THE WOODLANDS, Texas--(BUSINESS WIRE)-- Sterling Construction Company, Inc. (NasdaqGS: STRL) (Sterling or the Company) today announced financial results for the first quarter ended March 31, 2018.

Consolidated First Quarter 2018 Financial Results Compared to First Quarter 2017:

Revenues grew 45.0% to $222.5 million compared to $153.4 million; Gross margin was 9.3% of revenues compared to 6.1%; Operating income was $6.7 million compared to a loss of $1.8 million; Net income attributable to Sterling common... More