Detail akcie Sterling Const online

Business Summary: Sterling Infrastructure, Inc. operates through a variety of subsidiaries, specializing in E-Infrastructure, Transportation and Building Solutions in the United States. Its segments include E-Infrastructure Solutions, Transportation Solutions, and Building Solutions. The E-Infrastructure Solutions segment is a provider of large-scale specialty site infrastructure improvement contracting services in the Southeastern, Northeastern and Mid-Atlantic United States. It serves large, blue-chip end users in the e-commerce, data center, distribution center, warehousing, energy sectors and more. The Transportation Solutions segment is comprised of heavy highway, aviation, and rail, and relies heavily on federal and state infrastructure spending. The principal markets of this segment are Arizona, Colorado, Hawaii, Nevada, Texas, and Utah. The Building Solutions segment is comprised of its residential and commercial businesses. It focuses on concrete construction of multifamily foundations.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Sterling Infrastructure Inc revenues increased 11% to $1.97B. Net income before extraordinary items increased 43% to $138.7M. Revenues reflect Transportation solutions segment increase of 16% to $630.9M, E-Infrastructure solutions segment increase of 4% to $937.4M, Commercial segment increase of 14% to $130.2M. Net income benefited from E-Infrastructure solutions segment income increase of 16% to $141M.