Sterling Infrastructure: Data Center Boom Leads to 92% Revenue Growth in Q1!

Sterling Infrastructure benefits from its high-margin E-Infrastructure segment due to the construction of new data centers and semiconductor factories. The combined order backlog increased by 131% to $5.15 billion, driven by high bidding and order activities at the beginning of the year. The first quarter delivers a rapid revenue growth of 92% and a more than doubled net profit, along with an increased forecast leading to a jump in share price. Sterling Infrastructure (STRL) has successfully transformed from a traditional construction...