Sterling Construction (STRL) Tops Q1 EPS by 16c, Revenues Beat; Reaffirms FY21 Revenues Outlook
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Sterling Reports Record First Quarter 2021 Results
May 3, 2021 4:05 PM EDTRecord First Quarter Revenue, Earnings, and Operating Cash Flow
Backlog Reaches an All-Time High of $1.64 Billion
THE WOODLANDS, Texas--(BUSINESS WIRE)-- Sterling Construction Company, Inc. (NasdaqGS: STRL) (Sterling or the Company) today announced financial results for the first quarter 2021.
Consolidated First Quarter 2021 Financial Results Compared to First Quarter 2020:
Revenues were $315.3 million compared to $296.7 million; Gross margin was 14.3% of revenues compared to 11.9%; Operating income was $22.8 million compared to $12.1 million; Net Income was $10.6 million compared to $3.1 million; EPS was $0.37 compared to $0.11;... More