{"schema_version":"secwatch.filing_event.v1","accession":"0000874238-23-000115","form_type":"8-K","ticker":"STRL","cik":"0000874238","company_name":"STERLING INFRASTRUCTURE, INC.","filed_at":"2023-11-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.203606+00:00","generated_at":"2026-06-08T21:42:14.396266+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 Q3 EPS $1.26, up 25% YoY; raises FY23 EPS guidance to $4.10-$4.23","bullets":["Revenue $560.3M (+13.7%); net income $39.4M ($1.26 diluted EPS), up 28% and 25% YoY.","Backlog $2.01B (+42% vs year-end 2022); combined backlog $2.39B (+41%).","Cash from operations $331M YTD; cash & equivalents $409.4M at quarter end.","Raised FY23 diluted EPS guidance to $4.10-$4.23 (from $4.00-$4.20).","E-Infrastructure backlog $891M (+48%); Building Solutions revenue +41% (29% organic); Transportation revenue +23%."],"urls":{"canonical":"https://secwatch.observer/filing/0000874238-23-000115","json":"https://secwatch.observer/filing/0000874238-23-000115.json","markdown":"https://secwatch.observer/filing/0000874238-23-000115.md","text":"https://secwatch.observer/filing/0000874238-23-000115.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/874238/000087423823000115/0000874238-23-000115-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/874238/000087423823000115/strl-20231106.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T21:42:14.396266+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":"51a4fea3e676aaa793e870543f1a8fa81b05fd04","claim":"STERLING INFRASTRUCTURE, INC. reported third quarter 2023 results: revenue $560.3 million, net income $39.4 million, EPS $1.26 per diluted share.","evidence_excerpt":"Third Quarter 2023 Results • Revenues of $560.3 million, an increase of 13.7% • Gross margin of 16.4%, an increase from 16.1% • Net Income of $39.4 million, or $1.26 per diluted share, an increase of 28% and 25%, respectively","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/874238/000087423823000115/0000874238-23-000115-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023"},{"label":"Revenue","value":"$560.3 million"},{"label":"Net income","value":"$39.4 million"},{"label":"EPS","value":"$1.26 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"547dfbb79189e39daa87f84d4a13f55af781fbe2","claim":"STERLING INFRASTRUCTURE, INC. reported full year 2023 results: revenue $1.99 billion to $2.05 billion, net income $128 million to $132 million, EPS $4.10 to $4.23. Guidance raised.","evidence_excerpt":"Full Year 2023 Guidance • Revenue of $1.99 billion to $2.05 billion • Net Income of $128 million to $132 million • Diluted EPS of $4.10 to $4.23","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/874238/000087423823000115/0000874238-23-000115-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2023"},{"label":"Revenue","value":"$1.99 billion to $2.05 billion"},{"label":"Net income","value":"$128 million to $132 million"},{"label":"EPS","value":"$4.10 to $4.23"},{"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"}