---
schema_version: "secwatch.filing_event.v1"
accession: "0000874238-24-000142"
form_type: "8-K"
ticker: "STRL"
cik: "0000874238"
company_name: "STERLING INFRASTRUCTURE, INC."
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:59:08.521372+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Sterling Q3 net income up 56% to $1.97 EPS; raises full-year profitability guidance

## Summary
- Revenue $593.7M (+6% YoY); gross margin 21.9% vs 16.4%; diluted EPS $1.97 (+56%).
- E-Infrastructure operating margin 25.8% (up >1100 bps); data center revenue +90%, now >50% of segment backlog.
- Full-year 2024 guidance raised: revenue $2.150-$2.175B; diluted EPS $5.85-$6.00.
- Backlog $2.06B; combined backlog $2.37B including $319.6M unsigned awards.
- Cash from operations $152M in Q3; net cash $326M; $20M share repurchases in Q3.

## SEC filing metadata
- accession: 0000874238-24-000142
- form_type: 8-K
- ticker: STRL
- cik: 0000874238
- company_name: STERLING INFRASTRUCTURE, INC.
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/874238/000087423824000142/0000874238-24-000142-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/874238/000087423824000142/strl-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000874238-24-000142
- JSON: https://secwatch.observer/filing/0000874238-24-000142.json
- Plain text: https://secwatch.observer/filing/0000874238-24-000142.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.