Quanta Q1 revenue record $4.43B, backlog record $25.3B; raises FY revenue guidance

QUANTA SERVICES, INC.

2023-Q1 EPS reported $0.64 revenue$4,428,826,000

GAAP diluted EPS $0.64 vs $0.57 YoY; adjusted diluted EPS $1.24 vs $1.35 YoY.
Revenues $4.43B (+12% YoY); net income $95.0M; adjusted EBITDA $332.4M.
Remaining performance obligations $10.3B record; total backlog $25.3B record.
Selected for SunZia Transmission and Wind projects, largest US clean energy infrastructure project.
Raising full-year 2023 revenue expectations; reiterating EPS expectations.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

QUANTA SERVICES, INC. reported the first quarter of 2023 results: revenue $4.43 billion, net income $95.0 million, EPS $0.64 per diluted share. Guidance raised.

Period: the first quarter of 2023
Revenue: $4.43 billion
Net income: $95.0 million
EPS: $0.64 per diluted share
Guidance: raised
Result: reported results

Exact text from the filing

Revenues in the first quarter of 2023 were $4.43 billion compared to revenues of $3.97 billion in the first quarter of 2022, and net income attributable to common stock was $95.0 million, or $0.64 per diluted share, in the first quarter of 2023 compared to net income attributable to common stock of $84.6 million, or $0.57 per diluted share, in the first quarter of 2022.

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QUANTA SERVICES, INC. filing history →

Source: SEC EDGAR

accession 0001193125-23-134996

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