• Mon. Feb 26th, 2024

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

ByAkanksha Bakshi

Jul 27, 2022
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.



Image and article originally from www.benzinga.com. Read the original article here.