Sterling Construction (STRL) Misses Q3 EPS by 2c, Revenues Miss

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Go back to Sterling Construction (STRL) Misses Q3 EPS by 2c, Revenues Miss

Sterling Reports Strong 2018 Third Quarter Results

November 5, 2018 4:26 PM EST

Delivers Year-Over-Year Net Income Growth of 25%

Combined Backlog Reaches $1.175 billion, Up 18% over December 31, 2017

THE WOODLANDS, Texas--(BUSINESS WIRE)-- Sterling Construction Company, Inc. (NasdaqGS: STRL) (Sterling or the Company) today announced financial results for the third quarter and nine months ended September30, 2018.

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

Revenues were $291.3 million compared to $304.2 million; Gross margin was 10.8% of revenues compared to 10.1%; Operating income was $14.4 million compared to $12.6 million; Net income attributable to... More