- Sterling Infrastructure, Inc’s (NASDAQ: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.
Bridge Investment Group Q4 EPS $(0.04) Down From $0.52 YoY, Sales $95.47M Down From $107.32M YoY
Bridge Investment Group (NYSE:BRDG) reported quarterly losses of $(0.04) per share. This is a 107.69 percent decrease over earnings of $0.52 per share from the same period last year. The company reported $95.47 million
