Sterling Construction (STRL) Tops Q1 EPS by 16c, Revenues Beat; Reaffirms FY21 Revenues Outlook

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Go back to Sterling Construction (STRL) Tops Q1 EPS by 16c, Revenues Beat; Reaffirms FY21 Revenues Outlook

Sterling Reports Record First Quarter 2021 Results

May 3, 2021 4:05 PM EDT

Record 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