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Sterling Construction Company's (STRL) CEO Joe Cutillo on Q4 2020 Results - Earnings Call Transcript

Mar. 03, 2021 11:49 AM ETSterling Infrastructure, Inc. (STRL)
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Sterling Construction Company, Inc. (NASDAQ:STRL) Q4 2020 Earnings Conference Call March 3, 2021 9:00 AM ET

Company Participants

Joe Cutillo - CEO

Ronald Ballschmiede - EVP & CFO

Conference Call Participants

Zane Karimi - D.A. Davidson

Alexander Dwyer - KeyBanc


Greetings and welcome to the Sterling Construction Company's Fourth Quarter and Full-Year 2020 Earnings Conference Call and Webcast.

As a reminder, this conference is being recorded and all participants are in a listen-only mode. There are accompanying slides on the Investor Relations section of the company's website.

Before turning the call over to Mr. Joe Cutillo, Sterling Construction's Chief Executive Officer, I will read the Safe Harbor statement.

Some discussions made 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 assumes no obligations to update forward-looking statements as a result of new information, future events or otherwise.

Please also note that management may refer EBITDA, adjusted EBITDA, adjusted net income or adjusted earnings per share on this call, all of which are all financial measures not recognized under US GAAP. As required by SEC rules and regulations, these non-GAAP financial measures are reconciled to the most comparable GAAP financial measures in our earnings release issued yesterday afternoon.

I'll now turn the call over to Mr. Joe Cutillo. Thank you, sir. Please go ahead.

Joe Cutillo

Thank you, Donna and good morning. I'd like to start by thanking everyone for joining today's call.

Well 2020 is over, but will not soon be forgotten. All of our market studies, all of our operational planning, and all of our risk assessments were thrown out the window. Never in our wildest dreams did we imagine

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