Sterling Infrastructure, Inc. (STRL) Q1 2025 Earnings Call Transcript


Sterling Infrastructure, Inc. (NASDAQ:STRL) Q1 2025 Earnings Conference Call May 6, 2025 9:00 AM ET

Company Participants

Noelle Dilts – VP, IR and Corporate Strategy
Joseph Cutillo – Chief Executive Officer
Ronald Ballschmiede – Interim Principal Financial Officer and Principal Accounting Officer

Conference Call Participants

Brent Thielman – D.A. Davidson
Julio Romero – Sidoti
Adam Thalhimer – Thompson Davis
Noah Levitz – William Blair

Operator

Good morning ladies and gentlemen and welcome to the Sterling Infrastructure First Quarter Webcast and Conference Call. At this time all lines are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. [Operator Instructions] This call is being recorded on Tuesday, May 6, 2025.

I would now like to turn the conference over to Noelle Dilts. Please go ahead.

Noelle Dilts

Good morning to everyone joining us, and welcome to Sterling Infrastructure’s 2025 first quarter earnings conference call and webcast. I’m pleased to be here today to discuss our results with Joe Cutillo, Sterling’s Chief Executive Officer and Ron Ballschmiede, Sterling’s Chief Financial Officer. Joe will open the call with an overview of the company and its performance in the quarter. Ron will then discuss our financial results and guidance, after which Joe will provide a market and full year outlook. We will then open the call up for questions.

As a reminder, there are accompanying slides on the Investor Relations section of our website. These slides include details on our full year 2025 financial guidance. Before turning the call over to Joe, I will read the Safe Harbor Statement.

The discussion today may include forward-looking statements. Actual results could differ materially from the statements made today. Please refer to Sterling’s most recent 10-K and 10-Q filings for a more complete description of risk factors that could affect these projections and assumptions. The company



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