Sterling Infrastructure Records Solid Demand & Bookings In E-Infrastructure Segment

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.

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