secwatch.observer — SEC 8-K summary
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Issuer:     MASTEC INC (MTZ)
CIK:        0000015615
Form:       8-K
Filed at:   2022-08-05T23:59:59+00:00
Accession:  0001193125-22-212852
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MasTec Q2 revenue up 17% to $2.3B, GAAP EPS $0.20; reaffirms FY guidance with record backlog $11.0B
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- Q2 revenue $2.3B (+17% YoY); GAAP net income $16.3M, diluted EPS $0.20; adjusted EPS $0.73.
- Record 18-month backlog $11.0B, up 20% YoY; non-Oil & Gas segments all set records.
- FY2022 guidance reaffirmed: revenue ~$9.2B, adjusted EBITDA ~$750M, adjusted EPS $3.09.
- Clean Energy & Infrastructure segment posted negative adjusted EBITDA (-$5.2M) due to inflation and integration costs.
- IEA acquisition expected to close late Q4 2022; strong H2 free cash flow anticipated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/15615/000119312522212852/0001193125-22-212852-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/15615/000119312522212852/d368609d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-212852

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