{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-267468","form_type":"8-K","ticker":"MTZ","cik":"0000015615","company_name":"MASTEC INC","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.527543+00:00","generated_at":"2026-06-09T02:35:43.243253+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"MasTec reports Q3 record revenue $3.26B; cuts FY23 guidance to net loss ~$61M","bullets":["Q3 revenue $3.26B (record); GAAP EPS $0.18, adj. EPS $0.95; adj. EBITDA $271M.","FY23 guidance cut: revenue ~$12B, GAAP net loss ~$61M, adj. EPS ~$1.75 (well below prior).","Clean Energy delayed; Li-Cycle project paused; Oil & Gas Mountain Valley Pipeline ramp slower.","Net debt reduced $213M to ~$2.99B; operating cash flow $294M in Q3.","Expect mid-to-high single-digit revenue growth in 2024 with modest EBITDA margin expansion."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-267468","json":"https://secwatch.observer/filing/0001193125-23-267468.json","markdown":"https://secwatch.observer/filing/0001193125-23-267468.md","text":"https://secwatch.observer/filing/0001193125-23-267468.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/15615/000119312523267468/0001193125-23-267468-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/15615/000119312523267468/d578716d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T02:35:43.243253+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":"91d2acdb53dba1209f5a681905ba65ac87b351ff","claim":"MASTEC INC reported third quarter 2023 results: revenue $3.26 billion, net income $15 million, EPS $0.18. Guidance lowered.","evidence_excerpt":"of its third quarter earnings call now scheduled for Wednesday, November 1 st , 2023 at 8:00 AM Eastern Time. Third Quarter 2023 results are as follows: • Record Revenue of $3.26 billion • GAAP Net Income of $15 million • Adjusted Net Income of $76 million • Adjusted EBITDA of $271 million • GAAP Diluted earnings per share of $0.18 • Adjusted diluted earnings per","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/15615/000119312523267468/0001193125-23-267468-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023"},{"label":"Revenue","value":"$3.26 billion"},{"label":"Net income","value":"$15 million"},{"label":"EPS","value":"$0.18"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d5bd4d4d36d6aa121bf25b214e12fc17e242f540","claim":"MASTEC INC reported full year 2023 results: revenue $12 billion, net income $61 million (GAAP Net Loss), EPS $0.83 (GAAP Diluted loss per share). Guidance lowered.","evidence_excerpt":"MasTec is also updating its full year guidance. The Company now expects: • Revenue of approximately $12 billion • GAAP Net Loss of approximately $61 million • Adjusted Net Income of approximately $140 million • Adjusted EBITDA of approximately $850 million • GAAP Diluted loss per share of approximately $0.83 • Adjusted diluted earnings per share of approximately $1.75","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/15615/000119312523267468/0001193125-23-267468-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year 2023"},{"label":"Revenue","value":"$12 billion"},{"label":"Net income","value":"$61 million (GAAP Net Loss)"},{"label":"EPS","value":"$0.83 (GAAP Diluted loss per share)"},{"label":"Guidance","value":"lowered"},{"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"}