E-infra solutions accounted for more than 70% of its operating income. The segment's operating profit increased by 20% YoY.
The E-infra's profitability growth inflection is driving operating leverage further for the company.
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3Recent developments show strong revenue growth, operating margin expansion, and raised guidance for FY 2024, indicating bullish signs for investors. $STRL (-0,2%)
Strong financial performance, growth opportunities in e-infrastructure, and a solid capital allocation framework make Sterling Infrastructure a potential buy.
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