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Sterling Grows 127% as Signed Backlog Dips: Rapid Earnings Reaction
Source: fool.com
Corporate EarningsCorporate Guidance & OutlookCompany FundamentalsInfrastructure & Defense
Sterling Infrastructure reported third-quarter revenue of $1.56 billion, up 127%, including 70% organic growth, and raised its 2026 guidance. However, the pipeline is softer than the headline backlog suggests.
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