secwatch.observer — SEC 8-K summary
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Issuer:     STERLING INFRASTRUCTURE, INC. (STRL)
CIK:        0000874238
Form:       8-K
Filed at:   2025-11-03T23:59:59+00:00
Accession:  0000874238-25-000133
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sterling Q3 revenue $689M (+32% ex-RHB), adj. EPS $3.48 (+58%); raises FY guidance
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- Record Q3: revenue $689M (+32% ex-RHB), net income $92.1M ($2.97 EPS), adjusted EPS $3.48.
- Gross margin 24.7% vs 21.9% prior year; adjusted EBITDA $155.8M (+47%).
- Backlog $2.58B (+34% same-store); combined backlog $3.44B, book-to-burn 1.23x backlog, 1.76x combined.
- FY2025 guidance raised: revenue $2.38B, adj. EPS $10.44 midpoint, adj. EBITDA $488.5M midpoint.
- CEC acquisition contributed $41.4M revenue and $475.3M backlog; share repurchases $4.7M in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874238/000087423825000133/0000874238-25-000133-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874238/000087423825000133/strl-20251103.htm
  HTML page:      https://secwatch.observer/filing/0000874238-25-000133

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer