Sterling Infra Stock Price, News & Analysis

Sterling Infrastructure (NASDAQ: STRL) will release third-quarter 2025 financial results on Monday, November 3, 2025 after market close. Management will host a conference call on Tuesday, November 4, 2025 at 9:00 AM ET / 8:00 AM CT to discuss Q3 2025 results and the 2025 outlook.

Participants may dial (800) 836-8184 and are asked to call in 10 minutes early and request the Sterling Infrastructure call. A slide presentation will be posted in the Investor Relations > Events & Presentations section at www.strlco.com. A simultaneous webcast will be available on the company website, and the archived webcast will remain online for 30 days.

Sterling Infrastructure (NasdaqGS: STRL) announced its participation in the upcoming 24th Annual D.A. Davidson Diversified Industrials & Services Conference. The event will be held on September 18, 2025 at The Four Seasons Hotel in Nashville.

Sterling's management team will conduct one-on-one meetings with investors during the conference. Interested parties should contact their representatives or Noelle Dilts to arrange meetings.

Sterling Infrastructure (NasdaqGS: STRL) has completed its acquisition of CEC Facilities Group, a leading specialty electrical and mechanical contractor based in Irving, Texas. The acquisition will enhance Sterling's E-Infrastructure Solutions segment.

For the remainder of 2025, CEC is projected to contribute $130-138 million in revenue, $0.22-0.24 in adjusted diluted EPS, and $17-18 million in adjusted EBITDA. These projections account for reduced interest income from the cash purchase consideration and an estimated 26% tax rate, excluding purchase-accounting adjustments.

Sterling Infrastructure (NASDAQ: STRL) reported exceptional Q2 2025 financial results, with revenues reaching $614.5 million, marking a 21% increase year-over-year (excluding RHB). The company achieved record-breaking performance with net income of $71.0 million, or $2.31 per diluted share, up 37% and 38% respectively.

Key highlights include gross margin improvement to 23.3% from 19.3%, EBITDA of $116.2 million (up 34%), and strong cash position of $699.4 million. The company's backlog stands at $2.01 billion with a book-to-burn ratio of 1.4x for H1 2025.

Sterling has increased its full-year 2025 guidance, projecting revenue of $2.10-2.15 billion and adjusted diluted EPS of $9.21-9.47. The company is also progressing with its planned acquisition of CEC Facilities Group LLC, though guidance figures exclude CEC's contribution.

Sterling Infrastructure (NASDAQ:STRL) has scheduled its second quarter 2025 financial results announcement for Monday, August 4, 2025, after market close. The company will host a conference call to discuss Q2 results and 2025 outlook on Tuesday, August 5, 2025, at 9:00 am ET/8:00 am CT.

Investors can join the call by dialing (800) 836-8184. A slide presentation will be available on Sterling's website, and the webcast will be archived for 30 days at www.strlco.com.

Sterling Infrastructure (NASDAQ: STRL) has strengthened its Board of Directors with the appointment of two seasoned executives, B. Andrew Rose and David Schulz, effective July 10, 2025.

Rose, former CEO of Worthington Enterprises, brings over 30 years of experience in finance, private equity, and industrial manufacturing. He will serve on the Compensation and Talent Development Committee and the Corporate Governance and Nominating Committee. Schulz, currently EVP and CFO at Wesco International, brings over 25 years of leadership experience in finance and operations and will serve on the Compensation and Talent Development Committee and the Audit Committee.

Sterling Infrastructure has signed a definitive agreement to acquire CEC Facilities Group for $505 million, comprising $450 million in cash and $55 million in Sterling Common Stock, with additional earn-out opportunities through 2029. CEC, a leading specialty electrical contractor, will join Sterling's E-Infrastructure Solutions segment. The acquisition targets high-growth, mission-critical markets, with over 80% of CEC's revenue coming from semiconductor, data center, and manufacturing sectors. CEC is projected to generate 2025 revenues of $390-415 million and EBITDA of $51-54 million. The transaction is expected to close in Q3 2025 and will be accretive to Sterling's earnings, adding approximately $0.63-$0.70 per share to adjusted EPS in 2025. CEC's management team will remain, with Founder Ray Waddell leading Sterling's electrical services platform growth and CEO Daniel Williams continuing to lead operations.

Sterling Infrastructure (STRL) has appointed Nicholas Grindstaff as its new Chief Financial Officer, effective July 10, 2025. Grindstaff brings over 30 years of finance and leadership experience, succeeding Ron Ballschmiede who served as Executive VP, CFO and CAO from 2015-2024 and Interim CFO since March 2025. Grindstaff's most recent roles include CFO positions at Cinterra and Orbital Infrastructure Group. He previously spent over 20 years at Quanta Services in senior financial roles, including Treasurer and VP of Finance. His expertise spans financial strategy, M&A, financial planning, capital markets, and investor relations. Grindstaff holds MS in Accounting and BS in Finance degrees from the University of Houston.

Sterling Infrastructure (STRL) has secured an amendment to its 2019 credit agreement, extending and expanding its credit facility. The amended facility includes a $300M term loan and $150M revolving credit facility, maturing in June 2028. Key improvements include reduced quarterly repayment obligations from $6.56M to $3.75M, a 25 basis point reduction in applicable margin rates, and less restrictive covenants. The company maintains a strong cash position of $785M, with the revolving facility currently undrawn. The amendment allows for potential facility increases up to $400M or 100% of EBITDA, plus unlimited amounts up to 2.0X Total Net Leverage, providing significant flexibility for future growth through organic expansion and M&A opportunities.