Sterling Infrastructure(STRL) - 2024 Q2 - Quarterly Results

Exhibit 99.1 NEWS RELEASE For Immediate Release: August 5, 2024 Sterling Reports Record Second Quarter 2024 Results and Raises Full Year Guidance THE WOODLANDS, TX – August 5, 2024 – Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or the "Company") today announced financial results for the second quarter 2024. The financial comparisons herein are to the prior year quarter, unless otherwise noted. Second Quarter 2024 Results • Revenues of $582.8 million, an increase of 12% • Gross margin of 19.3%, ...