M&A
confidence high
sentiment neutral
materiality 0.50
Quanta files Blattner FY2020 financials: revenue $2.38B, net earnings $279.2M
QUANTA SERVICES, INC.
- Blattner FY2020 revenue $2.377B, gross profit $438.3M, operating income $275.4M.
- Blattner net earnings $279.2M; operating cash flow $465.6M.
- Remaining performance obligations of $1.914B at Dec 31, 2020, mostly recognized within one year.
- Unrealized gains on debt securities of $316K; total comprehensive income $279.5M.
- Pro forma combined financial statements for Quanta and Blattner as of June 30, 2021 and FY2020 provided.