Quanta Q2 revenue $5.05B record, beats; raises FY 2023 guidance

QUANTA SERVICES, INC.

2023-Q2 EPS reported $1.75 revenue$9,477,436,000

Q2 revenues $5.05B (record), up 19% YoY from $4.23B; GAAP EPS $1.12 vs $0.59 a year ago.
Adjusted diluted EPS $1.65, up from $1.55; adjusted EBITDA $472.1M (record Q2).
Total backlog $27.2B record; remaining performance obligations $12.5B.
Raising full-year 2023 revenue, adjusted EBITDA and adjusted EPS expectations.
New employment agreements for CEO, CFO, COO, and EVP; CEO base salary $1.3M.

item 2.02 item 5.02 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 0.99

QUANTA SERVICES, INC. reported second quarter 2023 results: revenue $5.05 billion, net income $165.9 million, EPS $1.12 per diluted share. Guidance raised.

Period: second quarter 2023
Revenue: $5.05 billion
Net income: $165.9 million
EPS: $1.12 per diluted share
Guidance: raised
Result: reported results

Exact text from the filing

Revenues in the second quarter of 2023 were $5.05 billion compared to revenues of $4.23 billion in the second quarter of 2022, and net income attributable to common stock was $165.9 million, or $1.12 per diluted share

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QUANTA SERVICES, INC. filing history →

Source: SEC EDGAR

accession 0001193125-23-202254

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