Finance2 sources
Sterling Infrastructure Reports 127% Revenue Growth in Q3
- Sterling Infrastructure reported a 127% increase in third-quarter revenue, reaching $1.56 billion.
- The company experienced 70% organic growth in its third quarter.
- Sterling Infrastructure raised its 2026 guidance following the earnings report.
- Shares opened 8% lower but recovered to close 1% higher in regular trading.
- The company used up signed contracts faster than it replaced them, affecting future pipeline growth.