Quanta Q2 revenue $5.59B record; adj EPS $1.90; raises FY guidance; closes Cupertino Electric acquisition

QUANTA SERVICES, INC.

2024-Q2 EPS reported $2.05 revenue$10,626,206,000

Q2 revenue $5.59B (record +11% YoY); GAAP EPS $1.26; adjusted EPS $1.90 vs $1.65 YoY.
Adjusted EBITDA $523.2M (record); free cash flow $439.8M YTD; total backlog $31.3B (record).
Completed Cupertino Electric acquisition (CEI); adds new service lines and customer base.
Raised full-year 2024 revenue, adjusted EBITDA and adjusted EPS guidance reflecting CEI.
Amended credit facility: revolver increased to $2.8B, maturity extended to July 2029.

item 1.01 item 2.02 item 2.03 item 7.01 item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.