{"schema_version":"secwatch.filing_event.v1","accession":"0000874238-22-000087","form_type":"8-K","ticker":"STRL","cik":"0000874238","company_name":"STERLING INFRASTRUCTURE, INC.","filed_at":"2022-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.806936+00:00","generated_at":"2026-06-22T20:36:24.056808+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Sterling reports record Q3 revenue $556.9M (+20% YoY), raises full-year guidance","bullets":["Net income $29.5M ($0.97 diluted EPS), up 40% YoY; EBITDA $60.2M, up 50%.","Revenue $556.9M (+20% YoY); gross margin improved 220 bps to 14.7%.","Backlog at all-time high of $1.67B (+12% vs Dec 2021); combined backlog $1.90B (+25%).","Full-year 2022 guidance raised: revenue $1.90-1.92B, EPS $3.08-3.21, EBITDA $197-205M.","E-Infrastructure Solutions drove growth; Building Solutions revenue fell on higher rates and inflation."],"urls":{"canonical":"https://secwatch.observer/filing/0000874238-22-000087","json":"https://secwatch.observer/filing/0000874238-22-000087.json","markdown":"https://secwatch.observer/filing/0000874238-22-000087.md","text":"https://secwatch.observer/filing/0000874238-22-000087.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/874238/000087423822000087/0000874238-22-000087-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/874238/000087423822000087/strl-20221031.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T20:36:24.056808+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b9bcba5fd4ca856bbd8ddd7de54daec77bc6a6a6","claim":"STERLING INFRASTRUCTURE, INC. reported the third quarter 2022 results: revenue $556.9 million, net income $29.5 million, EPS $0.97 per diluted share.","evidence_excerpt":"• Total Revenue of $556.9 million, an increase of 20% compared to the third quarter of 2021 • Net Income was $29.5 million, or $0.97 per diluted share, an increase of 40% and 35%, respectively, compared to the third quarter of 2021","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/874238/000087423822000087/0000874238-22-000087-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter 2022"},{"label":"Revenue","value":"$556.9 million"},{"label":"Net income","value":"$29.5 million"},{"label":"EPS","value":"$0.97 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e774d0c2f79d1e0465caf1b3d995f43548a06b20","claim":"STERLING INFRASTRUCTURE, INC. reported full year 2022 results: revenue $1.90 billion to $1.92 billion, net income $94 million to $98 million, EPS $3.08 to $3.21. Guidance raised.","evidence_excerpt":"Full Year 2022 Guidance: • Revenue of $1.90 billion to $1.92 billion • Net Income of $94 million to $98 million • EPS of $3.08 to $3.21 • EBITDA of $197 million to $205 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/874238/000087423822000087/0000874238-22-000087-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2022"},{"label":"Revenue","value":"$1.90 billion to $1.92 billion"},{"label":"Net income","value":"$94 million to $98 million"},{"label":"EPS","value":"$3.08 to $3.21"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}