secwatch.observer — SEC 8-K summary
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Issuer:     QUANTA SERVICES, INC. (PWR)
CIK:        0001050915
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001193125-24-190572
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 2.02, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050915/000119312524190572/0001193125-24-190572-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050915/000119312524190572/d850925d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-190572

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