{"schema_version":"secwatch.filing_event.v1","accession":"0000874238-23-000103","form_type":"8-K","ticker":"STRL","cik":"0000874238","company_name":"STERLING INFRASTRUCTURE, INC.","filed_at":"2023-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.834902+00:00","generated_at":"2026-06-12T05:22:48.324492+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Sterling Q2 net income $39.5M ($1.27 EPS) beats; raises FY guidance","bullets":["Revenue $522.3M (+13.1% YoY); gross margin expanded 230 bps to 17.7%.","Net income $39.5M, diluted EPS $1.27 (+37% YoY); EBITDA $73.5M (+29%).","Backlog $1.74B (+23% vs Dec 2022); combined backlog $2.39B (+42%).","Operating cash flow $181.1M for six months; cash balance $278.1M.","FY2023 guidance raised: revenue $1.95-2.05B, EPS $4.00-4.20, EBITDA $250-260M."],"urls":{"canonical":"https://secwatch.observer/filing/0000874238-23-000103","json":"https://secwatch.observer/filing/0000874238-23-000103.json","markdown":"https://secwatch.observer/filing/0000874238-23-000103.md","text":"https://secwatch.observer/filing/0000874238-23-000103.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/874238/000087423823000103/0000874238-23-000103-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/874238/000087423823000103/strl-20230807.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T05:22:48.324492+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":"21124804349bc603af45b99871e3ec3f103134b5","claim":"STERLING INFRASTRUCTURE, INC. reported second quarter 2023 results: revenue $522.3 million, net income $39.5 million, EPS $1.27 per diluted share. Guidance raised.","evidence_excerpt":"Second Quarter 2023 Results • Revenues of $522.3 million, an increase of 13.1% • Gross margin of 17.7%, an increase from 15.4% • Net Income of $39.5 million, or $1.27 per diluted share, an increase of 40% and 37%, respectively","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/874238/000087423823000103/0000874238-23-000103-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter 2023"},{"label":"Revenue","value":"$522.3 million"},{"label":"Net income","value":"$39.5 million"},{"label":"EPS","value":"$1.27 per diluted share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}