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Sterling Construction Company Inc (STRL.OQ)

STRL.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Sterling Construction reports Q3 earnings per share $0.26
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Sterling Construction Company Inc :Sterling Construction Company Inc reports 2017 third quarter results.Q3 revenue $304.2 million versus I/B/E/S view $262.3 million.Q3 earnings per share $0.26.Q3 earnings per share view $0.22 -- Thomson Reuters I/B/E/S.Sterling Construction Company Inc - ‍increases 2017 guidance​.Sterling Construction Company Inc sees ‍fy 2017 revenues of $915 million to $935 million​.Sterling Construction Company Inc - sees fy net income attributable to sterling common stockholders of $11.0 million to $12.5 million.  Full Article

Sterling Construction Q2 earnings per share $0.09
Monday, 1 Aug 2016 

Sterling Construction Company Inc : Sterling Construction Company, Inc. reports 2016 second quarter results . Q2 earnings per share $0.09 . Q2 earnings per share view $0.10 -- Thomson Reuters I/B/E/S . Q2 revenue $189.6 million versus i/b/e/s view $180.8 million . Rains in texas, slower construction ramp-up of awards booked in late 2015 and early 2016 caused lower revenue, net income for Q2 . Sees full-year 2016 revenue $670 million to $690 million . Do not anticipate any slowdown in project lettings for balance of 2016 and 2017 . Total backlog at June 30, 2016 of $810 million was up 6.4 percent from December 31, 2015 and was up 9.0 percent from Q2 of 2015 . Now expects net income to be $2 million to $5 million for full year 2016 . Full-year 2016 revenue view $712.7 million -- Thomson Reuters I/B/E/S . For full-year 2016, expect continued gross margin improvement and tight g&a cost controls . Intend to refinance current asset-based credit facility with a "lower cost, higher capacity, revolving credit line" .Currently targeting first half of 2017 to have refinancing accomplished.  Full Article

Sterling Construction Company announces pricing of common stock offering
Wednesday, 4 May 2016 

Sterling Construction Company:Says pricing of its public offering of 4,500,000 shares of its common stock at $4.00 per share.Sterling has granted the underwriters a 30-day option to purchase up to an additional 675,000 shares of common stock to cover over-allotments, if any.Paul Varello, Sterling's CEO, intends to purchase $500,000 of common stock in this offering at the public offering price.Company intends to use the net proceeds of the offering for working capital, to repay indebtedness outstanding under the revolving loan portion of its equipment-based credit facility and for general corporate purposes.  Full Article

Sterling Construction Company Inc announces public offering of 4,500,000 shares
Monday, 2 May 2016 

Sterling Construction Company Inc:Intends to offer 4,500,000 shares of its common stock, par value $0.01 per share, in an underwritten public offering.Intends to use the net proceeds of the offering for working capital, to repay indebtedness outstanding under the revolving loan portion of its equipment-based credit facility and for general corporate purposes.  Full Article

Sterling Construction Company Inc reaffirms FY 2016 guidance
Monday, 2 May 2016 

Sterling Construction Company Inc:Says the co remain confident that it will be within range of revenue and earnings guidance that was offered in last earnings report.Expects FY 2016 revenues in range of $700 million to $735 million; net earnings attributable to Sterling stockholders in the range of $5 million to $8 million; and net income per share attributable to Sterling common stockholders in range of $0.25 to $0.40.  Full Article

Sterling Construction Company Inc gives FY 2016 guidance
Monday, 14 Mar 2016 

Sterling Construction Company Inc:Anticipates FY 2016 revenues to be between $700 million and $735 million and net income per share attributable to Sterling common stockholders to be in the range of $0.25 to $0.40.  Full Article

BRIEF-Sterling Construction appoints Richard E. Chandler, Jr. Executive VP, general counsel and secretary

* Sterling Construction appoints Richard E. Chandler, Jr. Executive vice president, general counsel and secretary Source text for Eikon: Further company coverage: