{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-047043","form_type":"8-K","ticker":"MTZ","cik":"0000015615","company_name":"MASTEC INC","filed_at":"2023-02-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.580213+00:00","generated_at":"2026-06-19T00:42:50.071302+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"MasTec Q4 revenue up 66% to $3.0B; guides 2023 revenue ~$13.0B; discloses material weakness in internal controls","bullets":["Q4 2022: Revenue $3.0B (+66% YoY); GAAP net income $3.4M ($0.04 EPS); adjusted EPS $1.03; adjusted EBITDA $258M (8.6% margin).","Full year 2022: Revenue $9.8B (+23% YoY); GAAP net income $33.9M ($0.42 EPS); adjusted EPS $3.05; adjusted EBITDA $781M (8.0% margin).","Backlog $13.0B at Dec 31, 2022, up 31% YoY; completed IEA acquisition, reduced net debt by ~$350M in Q4.","2023 guidance: Revenue ~$13.0B; GAAP EPS $2.48-$2.70; adjusted EBITDA $1.10-$1.15B; Q1 2023 expected net loss ~$86M.","Expects to disclose material weakness in internal controls over financial reporting in 2022 10-K, related to IT controls at certain 2021 acquisitions; no financial impact."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-047043","json":"https://secwatch.observer/filing/0001193125-23-047043.json","markdown":"https://secwatch.observer/filing/0001193125-23-047043.md","text":"https://secwatch.observer/filing/0001193125-23-047043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/15615/000119312523047043/0001193125-23-047043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/15615/000119312523047043/d443161d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T00:42:50.071302+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2b50260bf9067fc7cfeb833383cdd1491a6c054e","claim":"MASTEC INC reported the year ended December 31, 2022 results: revenue $9.8 billion, net income $33.9 million, EPS $0.42 per diluted share.","evidence_excerpt":"For the year ended December 31, 2022, revenue was up 23% to $9.8 billion, compared to $8.0 billion for the prior year. GAAP net income was $33.9 million, or $0.42 per diluted share, compared to $330.7 million, or $4.45 per diluted share in 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/15615/000119312523047043/0001193125-23-047043-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Revenue","value":"$9.8 billion"},{"label":"Net income","value":"$33.9 million"},{"label":"EPS","value":"$0.42 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"5fae3513593621f81dfbce4f7dbc653599c7c4c5","claim":"MASTEC INC reported full year 2023 results: revenue $13.0 billion, net income between $194 and $212 million, EPS between $2.48 and $2.70. Guidance initiated.","evidence_excerpt":"The Company currently expects full year 2023 revenue will approximate $13.0 billion, a record level. 2023 full year GAAP net income and diluted earnings per share are expected to range between $194 and $212 million and $2.48 and $2.70, respectively.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/15615/000119312523047043/0001193125-23-047043-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2023"},{"label":"Revenue","value":"$13.0 billion"},{"label":"Net income","value":"between $194 and $212 million"},{"label":"EPS","value":"between $2.48 and $2.70"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"a6c5c6970bf845327bbb851a815ae971ae32fe52","claim":"MASTEC INC reported Fourth Quarter 2022 results: revenue $3.0 billion, net income $3.4 million, EPS $0.04 per diluted share.","evidence_excerpt":"Fourth quarter 2022 revenue was up 66.3% to $3.0 billion, compared to $1.8 billion for the fourth quarter of 2021. GAAP net income was $3.4 million, or $0.04 per diluted share, compared to $76.4 million, or $1.04 per diluted share, in the fourth quarter of 2021.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/15615/000119312523047043/0001193125-23-047043-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fourth Quarter 2022"},{"label":"Revenue","value":"$3.0 billion"},{"label":"Net income","value":"$3.4 million"},{"label":"EPS","value":"$0.04 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d3576eb0617a195b84ae6f2da7271c36a080502a","claim":"MASTEC INC reported first quarter of 2023 results: revenue approximately $2.4 billion, net income approximately $86 million, EPS $1.12 per diluted share. Guidance initiated.","evidence_excerpt":"For the first quarter of 2023, the Company expects revenue of approximately $2.4 billion. First quarter 2023 GAAP net loss is expected to approximate $86 million, with GAAP diluted loss per share expected to approximate $1.12.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/15615/000119312523047043/0001193125-23-047043-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Revenue","value":"approximately $2.4 billion"},{"label":"Net income","value":"approximately $86 million"},{"label":"EPS","value":"$1.12 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}