secwatch.observer — SEC 8-K summary
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Issuer:     QUANTA SERVICES, INC. (PWR)
CIK:        0001050915
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001193125-23-134996
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050915/000119312523134996/0001193125-23-134996-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050915/000119312523134996/d20434d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-134996

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer