- Sterling Infrastructure, Inc's STRL E-Infrastructure Solutions segment reported new awards totaling $215 million during 2Q22.
- Sterling's E-Infrastructure projects include large-scale site development services for warehouses, data centers, e-commerce distribution centers, multi-use facilities, and industrial.
- "Our E-Infrastructure segment continued to see strong market demand and bookings in the quarter," stated Joe Cutillo, Sterling's CEO.
- The company indicated optimism for the remainder of 2022, citing strong warehouse demand coupled with the continued need for new data centers.
- Price Action: STRL shares are trading higher by 3.04% at $24.72 on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
