Quanta Services Earnings Reports

Quanta Services delivered a robust fourth quarter with consolidated revenues of $6.55 billion, marking a strong year-over-year increase. Net income attributable to common stock was $305.1 million, and GAAP diluted EPS came in at $2.03. Adjusted EPS was significantly higher at $2.94. The company generated $575.4 million in free cash flow and reported a record total backlog of $34.54 billion.

Quanta Services reported record third-quarter revenues of $5.62 billion, a significant increase from $4.46 billion in the same period last year. GAAP diluted EPS was $1.83, and adjusted diluted EPS was $2.24. The company's total backlog reached an all-time high of $30.1 billion. Quanta also announced the acquisition of Pennsylvania Transformer Technology, LLC.

Quanta Services reported record revenues of $5.05 billion for the second quarter of 2023, driven by strong demand for its services. The company's total backlog reached a record $27.2 billion. As a result, Quanta is raising its full-year 2023 financial expectations for revenue, adjusted EBITDA and adjusted EPS.

Quanta Services reported a strong start to 2023, with a record total backlog of $25.3 billion. First quarter revenues reached $4.43 billion, and adjusted EPS was $1.24. The company is raising full-year 2023 revenue expectations and reiterating full-year 2023 EPS expectations.

Quanta Services reported record fourth-quarter revenue of $4.42 billion, a GAAP diluted EPS of $1.10, and an adjusted diluted EPS of $1.68. The company's net income attributable to common stock was $162.6 million. The remaining performance obligations were $8.80 billion, and the total backlog reached $24.09 billion.

Quanta Services reported record third-quarter revenues of $4.46 billion, a GAAP diluted EPS of $1.06, and an adjusted diluted EPS of $1.77. The company's net income attributable to common stock was $156.0 million, and adjusted EBITDA was $467.4 million. Strong free cash flow and a total backlog of $20.9 billion were also reported, reaffirming the company's confidence in its full-year 2022 financial expectations.

Quanta Services announced record revenues of $4.23 billion for the second quarter of 2022, with GAAP diluted EPS of $0.59 and adjusted diluted EPS of $1.54. The company's net income attributable to common stock was $88.0 million, and adjusted EBITDA was $422.1 million. The remaining performance obligations reached $6.9 billion, and the total backlog was $19.9 billion.

Quanta Services reported first quarter consolidated revenues of $4.0 Billion with GAAP diluted EPS of $0.57 and adjusted diluted EPS of $1.37. The company reiterated full-year 2022 financial expectations.

Quanta Services reported strong fourth-quarter results, with record revenues, profits, and backlog. The company's success is attributed to its strategic initiatives, collaborative customer relationships, and strong end-market drivers. Quanta is positioning itself as a leader in facilitating North America's energy transition, particularly in renewable energy infrastructure solutions.

Quanta Services announced strong Q3 2021 results, achieving record third quarter consolidated revenues of $3.35 billion. The company's GAAP EPS was $1.21 and adjusted diluted EPS was $1.48. Quanta also completed the acquisition of Blattner, a renewable energy infrastructure solutions provider.

Quanta Services reported record second-quarter results, with revenues of $3.00 billion and net income attributable to common stock of $117.0 million, or $0.81 per diluted share. Adjusted diluted earnings per share were $1.06. The company's backlog reached a record $17.0 billion.

Quanta Services reported first quarter 2021 results with revenues of $2.70 billion and GAAP diluted EPS of $0.62. Adjusted diluted EPS was $0.83. The company's total backlog reached a record $15.8 billion.

Quanta Services announced Q4 2020 results with revenues of $2.91 billion and net income attributable to common stock of $170.1 million, or $1.17 per diluted share. Adjusted diluted earnings per share was $1.22. The company's utility solutions and delivery model drove the results, which exceeded expectations and completed a solid year.

Quanta Services reported strong third quarter results, with revenues of $3.02 billion and a record GAAP diluted EPS of $1.13. The company is raising its full-year 2020 net income, EBITDA, and earnings per share expectations due to the strong performance.

Quanta Services reported revenues of $2.51 billion and net income of $73.9 million, or $0.52 per diluted share, for the second quarter of 2020. Adjusted diluted earnings per share were $0.74. The company's total backlog was $13.9 billion, and it had total liquidity of $2.1 billion at the end of the quarter.

Quanta Services reported revenues of $2.76 billion and net income of $38.7 million, or $0.26 per diluted share, for the first quarter of 2020. Adjusted diluted earnings per share was $0.47. The company ended the quarter with a total backlog of $14.7 billion and total liquidity of $1.7 billion. The company has adjusted its 2020 outlook to reflect the estimated impact of COVID-19 and other factors on operations.

Quanta Services reported revenues of $3.11 billion for Q4 2019, the same as Q4 2018. Net income attributable to common stock was $118.1 million, or $0.80 per diluted share, compared to $56.8 million, or $0.38 per diluted share, in Q4 2018. Adjusted diluted EPS was $0.93, compared to $0.96 in Q4 2018. The company's full-year 2020 guidance reflects growth in revenues, net income, adjusted EBITDA, EPS, and operating cash flow.