Sterling Infrastructure's (NASDAQ: STRL) third-quarter revenue rose 127% to $1. 56 billion, including 70% organic growth, and it raised 2026 guidance. Shares opened about 8% lower in regular trading Thursday, then recovered to about 1% higher. The data center growth is real, but Sterling used up signed contracts faster than it replaced them, so pipeline growth now rests on awards it hasn't signed.
POLARIS INSIGHTS