Sterling Infrastructure-Sterling Reports Record Third Quarter 2024 Results and Raises Full Year Profitability Guidance

THE WOODLANDS, Texas, Nov. 6, 2024 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or the "Company") today announced financial results for the third quarter 2024.The financial comparisons herein are to the prior year quarter, unless otherwise noted.Third Quarter 2024 Results Revenues of $593.7 million, an increase of 6% Gross margin of 21.9%, up from 16.4% Net Income of$ 61.3 million, or $1.97 per diluted share, an increase of 56% for both metrics EBITDA(1) of$ 100.8 million, an i ...