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Sterling Rides on E-Infrastructure Boom: What's Driving the Momentum?

Key Takeaways STRL's E-Infrastructure revenue rose 18%, with adjusted margins expanding over 600 bps to reach 23%. AI-fueled data centers now make up 65% of STRL's e-infrastructure backlog, driving execution momentum. STRL posted 29% EPS growth and ended Q1 with a 1.2Bbacklogandnearly1.2B backlog and nearly 2B in future-phase visibility.Sterling Infrastructure, Inc. (STRL) is capitalizing on a powerful surge in e-infrastructure demand, delivering a standout first quarter in 2025. The company reported an 18% year-over-year ...