Form 8-K · Current Report · Filed 2024-05-02
Quanta Services Reports Q1 2024 Results and Raises Full-Year Guidance
Quanta Services, Inc. announced its Q1 2024 results on May 2, 2024, reporting first quarter consolidated revenues of $5.03 billion, GAAP diluted EPS of $0.79, and adjusted diluted EPS of $1.41. The company's net income attributable to common stock was $118.4 million, and adjusted EBITDA was $387.3 million. Quanta also provided an outlook for the full year 2024, expecting revenues to range between $22.5 billion and $23.0 billion and adjusted EBITDA between $2.13 billion and $2.25 billion.
- Filer
- Quanta Services Inc. PWR · NYSE
- Filed
- Accession
- 0001193125-24-128105
- CIK
- 0001050915
- Signal
- Medium impactIndustrials
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$256.01
Next session
+0.1%
Since filing
+160.7%
Latest close
$667.36
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Precedent
Previous filings from PWR reporting the same item, with the next session's move:
Exhibits (1)
About Quanta Services Inc.
Quanta Services Inc. is a leading provider of specialized contracting services, delivering comprehensive infrastructure solutions for the electric power, oil and gas industries. With a focus on the design, installation, and maintenance of critical utility networks, Quanta Services plays a vital role in ensuring the reliability and efficiency of energy systems across North America and other international markets. Its operations are particularly crucial to the modernization of the aging power grid and the expansion of renewable energy sources, making it integral to the energy transition. The company's services span electric power transmission and distribution, natural gas pipeline construction, and telecommunications infrastructure, catering to a range of clients, including utility companies, pipeline operators, and industrial companies. Quanta Services' ability to adapt to emerging technologies and regulatory changes makes it a significant player in the infrastructure sector, providing innovative and sustainable solutions that support economic development and energy security. Its diversified service offerings and experienced workforce position Quanta Services as a key facilitator in the development of resilient, future-ready energy networks.
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