MTZ earnings
MasTec Inc. (MTZ) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- MasTec Reports First Quarter 2026 Results and Increases Full Year 2026 Financial GuidanceFirst Quarter 2026 Highlights Revenue of $3.8 billion, a first quarter record, increased 34% year-over-year Record 18-month backlog as of March 31, 2026 of $20.3 billion increased $4.4 billion year-over-year and $1.4 billion from the prior quarter, led by significant 65% year-over-year growth in Clean Energy and Infrastructure Diluted EPS of $0.77 and Adjusted Diluted EPS of $1.39, increased 516% and 174% year-over-year, respectively, and exceeded guidance expectations GAAP Net Income of $69.7 million and Adjusted EBITDA of $283.6 million, both first quarter records, increased by 465% and 73% year-over-year, respectively, and exceeded guidance expectations Increased Full Year
- MasTec Schedules First Quarter 2026 Earnings Conference CallMasTec, Inc. (NYSE:MTZ) will release its first quarter financial results on Thursday, April 30, 2026 after the market close. In addition, MasTec's senior management will host a webcast to review these results on Friday, May 1, 2026, at 9:00 a.m. ET. The event will be broadcast live and can be accessed through the MasTec Investor Relations website at https://investors.mastec.com/events-presentations/events. A replay link, along with the earnings release and supporting materials, will also be posted to the website. About MasTec: MasTec, Inc. is a leading North American infrastructure engineering and construction company operating across a range of end markets. MasTec's primary activities
- MasTec Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Initial 2026 GuidanceFourth Quarter 2025 Highlights Record fourth quarter revenue of $3.9 billion, increased 16% year-over-year Record 18-month backlog of $19.0 billion, increased $2.2 billion or 13% sequentially from the third quarter of 2025 Diluted EPS of $1.81 and Adjusted Diluted EPS of $2.07, increased 92% and 44% year-over-year, respectively GAAP Net Income of $153.1 million and Adjusted EBITDA of $338.2 million, increased by 81% and 25% year-over-year, respectively Full Year 2025 Highlights Record full year revenue of $14.3 billion, increased 16% year-over-year, and exceeded guidance expectations Record 18-month backlog of $19.0 billion, increased $4.7 billion or 33% year-over-year
- MasTec Schedules Fourth Quarter and Full Year 2025 Earnings Conference CallMasTec, Inc. (NYSE:MTZ) will release its fourth quarter and full year financial results on Thursday, February 26, 2026 after the market close. In addition, MasTec's senior management will host a webcast to review these results on Friday, February 27, 2026, at 9:00 a.m. ET. The event will be broadcast live and can be accessed through the MasTec Investor Relations website here and at www.mastec.com/investors/. A replay link, along with the earnings release and supporting materials, will also be posted to the website. About MasTec: MasTec, Inc. is a leading North American infrastructure engineering and construction company operating across a range of end markets. MasTec's primary activitie
- MasTec Reports Third Quarter 2025 Results and Updates 2025 Financial GuidanceThird Quarter 2025 Highlights Revenue of $4.0 billion, a quarterly record, increased 22% year-over-year; double-digit growth contribution from all segments Record 18-month backlog as of September 30, 2025 of $16.8 billion increased 21% year-over-year and 2% versus the prior quarter, led by significant 124% year-over-year growth in Pipeline Infrastructure Diluted EPS of $2.04 and Adjusted Diluted EPS of $2.48, increased 69% and 48% year-over-year, respectively, and exceeded guidance expectations GAAP Net Income of $166.5 million and Adjusted EBITDA of $373.5 million, both quarterly records, increased by 58% and 20% year-over-year, respectively, and exceeded guidance expectations
- MasTec Schedules Third Quarter 2025 Earnings Conference CallMasTec, Inc. (NYSE:MTZ) will release its third quarter financial results on Thursday, October 30, 2025 after the market close. In addition, MasTec's senior management will host a webcast to review these results on Friday, October 31, 2025, at 9:00 a.m. ET. The event will be broadcast live and can be accessed through the MasTec Investor Relations website here and at www.mastec.com/investors/. A replay link, along with the earnings release and supporting materials, will also be posted to the website. About MasTec: MasTec, Inc. is a leading North American infrastructure engineering and construction company operating across a range of end markets. MasTec's primary activities include the eng
- MasTec Reports Second Quarter 2025 Results and Updates 2025 Financial GuidanceSecond Quarter 2025 Highlights Revenue of $3.5 billion increased 20% year-over-year, a quarterly record; strong 25% combined growth contribution from non-pipeline segments; 6% decrease from Pipeline Infrastructure due to large contract close-out last year 18-month backlog as of June 30, 2025 of $16.5 billion increased 23% year-over-year and 4% versus the prior quarter; significant second quarter new awards in Clean Energy and Infrastructure led to a record backlog level Diluted EPS of $1.09 and Adjusted Diluted EPS of $1.49, above guidance expectations and increased 153% and 49% year-over-year, respectively GAAP Net Income of $90.1 million, above expectations by $2.1 million, an
- MasTec Schedules Second Quarter 2025 Earnings Conference CallMasTec, Inc. (NYSE:MTZ) will release its second quarter financial results on Thursday, July 31, 2025 after the market close. In addition, MasTec's senior management will host a webcast to review these results on Friday, August 1, 2025, at 9:00 a.m. ET. The event will be broadcast live and can be accessed through the MasTec Investor Relations website at www.mastec.com/investors/. A replay link, along with the earnings release and supporting materials, will also be posted to the website. The dial-in number for the conference call is 888-204-4368 toll-free within the U.S. or 1-856-344-9221. The conference ID is 2129810. About MasTec: MasTec, Inc. is a leading North American infrastructur
- MasTec Reports First Quarter 2025 Results and Raises Financial Guidance for the YearFirst Quarter 2025 Highlights Revenue of $2.8 billion increased 6%; strong 21% combined growth contribution from non-pipeline segments; 44% decrease from Pipeline Infrastructure due to large contract close-out last year18-month backlog as of March 31, 2025 of $15.9 billion increased 24% year-over-year and 11% versus the prior quarter; significant first quarter additions in Pipeline InfrastructureDiluted EPS of $0.13 and Adjusted Diluted EPS of $0.51, above expectations by $0.18 and $0.17, respectivelyGAAP Net Income of $12.3 million and Adjusted EBITDA of $163.7 million, above expectations by $13.3 million and $3.7 million, respectivelyCash flow from operating activities of $78 million; Free
- MasTec Schedules First Quarter 2025 Earnings Conference CallCORAL GABLES, Fla., April 11, 2025 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) will release its first quarter financial results on Thursday, May 1, 2025 after the market close. In addition, MasTec's senior management will host a webcast and call to review these results on Friday, May 2, 2025, at 9:00 a.m. ET. The event will be broadcast live and can be accessed through the MasTec Investor Relations website at www.mastec.com/investors/. A replay, along with the earnings release and supporting materials, will also be posted to the website. The dial-in number for the conference ca
- MasTec Announces Fourth Quarter and Annual 2024 Financial Results With Record Backlog and Provides Initial 2025 GuidanceRecord Fourth Quarter and Annual Revenue of $3.4 Billion and $12.3 Billion, RespectivelyRecord Full Year 2024 Cash Flow from Operations Increased 63% to $1.1 Billion Record 18-Month Backlog of $14.3 BillionFourth Quarter Reduction in Net Debt of $318 Million, with Net Debt Leverage Ratio Reduced to 1.8x2024 Results Include GAAP Net Income of $199.4 Million, Adjusted Net Income of $348.3 Million, Adjusted EBITDA of $1.0 Billion, Diluted Earnings Per Share of $2.06 and Adjusted Diluted Earnings Per Share of $3.95Issuing Initial Annual 2025 Guidance Including Revenue of $13.45 Billion, a 9% Increase Over 2024, GAAP Net Income of $327 Million to $366 Million, Adjusted EBITDA of $1.10 Billion to
- MasTec Schedules Fourth Quarter 2024 Earnings Release and Conference CallCORAL GABLES, Fla., Feb. 14, 2025 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced that it will release results of operations for the quarter and year ended December 31, 2024, after the market closes on Thursday, February 27, 2025. Senior Management will also hold a conference call to discuss these results on Friday, February 28, 2025, at 9:00 a.m. Eastern time. The call-in number for the live conference call is (856) 344-9221 or (888) 394-8218, with a confirmation code of 1616296. Additionally, the call will be broadcast live over the Internet and can be accessed, along with any presentation materials, and replayed through the investor relations section of the Company's website at
- MasTec Announces Third Quarter 2024 Financial Results and Increases Guidance for the YearThird Quarter 2024 Revenue of $3.3 Billion with Significant Margin Expansion Over Last YearThird Quarter 2024 Diluted Earnings Per Share of $1.21 and Adjusted Diluted Earnings Per Share of $1.63, Above Expectations by $0.43 and $0.39, RespectivelyThird Quarter 2024 GAAP Net Income of $105.4 Million and Adjusted EBITDA of $305.9 Million, Above Expectations by $33.4 Million and $10.9 Million, RespectivelyRecord 18-month Backlog as of September 30, 2024 of $13.9 Billion Increased $1.4 Billion from the Third Quarter of 2023 Year-to-Date Cash Flow Generated by Operating Activities of $650 Million and DSO at 68 DaysCORAL GABLES, Fla., Oct. 31, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today ann
- MasTec Schedules Third Quarter 2024 Earnings Release and Conference CallCORAL GABLES, Fla., Oct. 18, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced that it will release results of operations for the quarter ended September 30, 2024, after the market closes on Thursday, October 31, 2024. Senior Management will also hold a conference call to discuss these results on Friday, November 1, 2024, at 9:00 a.m. Eastern time. The call-in number for the live conference call is (856) 344-9221or (888) 204-4368, with a confirmation code of 9237122. Additionally, the call will be broadcast live over the Internet and can be accessed, along with any presentation materials, and replayed through the investor relations section of the Company's website at www.mastec.
- MasTec Announces Second Quarter 2024 Financial Results and Updates Guidance for the YearRecord Second Quarter 2024 Revenue of $3.0 BillionSecond Quarter 2024 Diluted Earnings Per Share of $0.43 and Adjusted Diluted Earnings Per Share of $0.96, $0.08 Above ExpectationsSecond Quarter 2024 GAAP Net Income of $43.8 Million and Adjusted EBITDA of $267.8 Million, $7.8 Million Above Expectations18-month Backlog as of June 30, 2024 of $13.3 Billion Increased $501 Million Sequentially from the First Quarter of 2024 and Represents Record Levels for the Clean Energy and Infrastructure, Power Delivery and Communications SegmentsCash Flow Generated by Operating Activities of $264 Million and DSO at 69 daysCORAL GABLES, Fla., Aug. 1, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announc
- MasTec Schedules Second Quarter 2024 Earnings Release and Conference CallCORAL GABLES, Fla., July 18, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced that it will release results of operations for the quarter ended June 30, 2024, after the market closes on Thursday, August 1, 2024. Senior Management will also hold a conference call to discuss these results on Friday, August 2, 2024, at 9:00 a.m. Eastern time. The call-in number for the live conference call is (856) 344-9221 or (888) 204-4368, with a confirmation code of 3980141. Additionally, the call will be broadcast live over the Internet and can be accessed, along with any presentation materials, and replayed through the investor relations section of the Company's website at www.mastec.com. T
- MasTec Announces First Quarter 2024 Financial Results and Raises Guidance for the YearRecord First Quarter 2024 Revenue of $2.7 BillionFirst Quarter 2024 GAAP Net Loss of $34.5 Million, a $46.0 Million Improvement over First Quarter 2023 and Beating Consensus Estimates by $33.1 MillionFirst Quarter 2024 Adjusted EBITDA of $157.3 Million, a $54.8 Million Improvement Over First Quarter 2023 and Beating Consensus Estimates by $28.7 MillionFirst Quarter 2024 Diluted Loss Per Share of $0.53 and Adjusted Diluted Loss Per Share of $0.13, Beating Consensus Estimates by $0.33 and $0.35, Respectively18-month Backlog as of March 31, 2024 of $12.8 Billion Increased $430 Million sequentially from the Fourth Quarter 2023Annual 2024 Guidance Increased to Revenue of $12.55 Billion, GAAP Net
- MasTec Schedules First Quarter 2024 Earnings Release and Conference CallCORAL GABLES, Fla., April 11, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced that it will release results of operations for the quarter ended March 31, 2024, after the market closes on Thursday, May 2, 2024. Senior Management will also hold a conference call to discuss these results on Friday, May 3, 2024, at 9:00 a.m. Eastern time. The call-in number for the live conference call is (856) 344-9221 or (888) 224-1005, with a confirmation code of 2706030. Additionally, the call will be broadcast live over the Internet and can be accessed, along with any presentation materials, and replayed through the investor relations section of the Company's website at www.mastec.com. The r
- MasTec Announces Fourth Quarter and Annual 2023 Financial Results and Provides Initial 2024 GuidanceRecord Fourth Quarter and Annual Revenue of $3.3 Billion and $12.0 Billion, RespectivelyFull Year 2023 Cash Flow from Operations of $687 Million, a 95% Increase Over Full Year 2022Fourth Quarter Reduction in Net Debt of $455 Million 2023 Results Include GAAP Net Loss of $47.3 Million, Adjusted Net Income of $156.7 Million, Adjusted EBITDA of $860.3 Million, Diluted Loss Per Share of $0.64 and Adjusted Diluted Earnings Per Share of $1.97Adjusted Diluted Earnings per Share was $0.22 Above the Prior Guidance EstimateIssuing Initial Annual 2024 Guidance Including Revenue of $12.5 Billion, a 4% Increase Over 2023, GAAP Net Income of $105 Million, Adjusted EBITDA of $955 Million, with Diluted Earn
- MasTec Schedules Fourth Quarter 2023 Earnings Release and Conference CallCORAL GABLES, Fla., Feb. 16, 2024 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced that it will release results of operations for the quarter and year ended December 31, 2023, after the market closes on Thursday, February 29, 2024. Senior Management will also hold a conference call to discuss these results on Friday, March 1, 2024, at 9:00 a.m. Eastern time. The call-in number for the live conference call is (856) 344-9221 or (888) 256-1007, with a confirmation code of 4316181. Additionally, the call will be broadcast live over the Internet and can be accessed, along with any presentation materials, and replayed through the investor relations section of the Company's website at www.
- MasTec Announces Second Quarter 2023 Financial Results with Record Revenue and Updates Guidance for the YearRecord Second Quarter 2023 Revenue Increased 25% Over Same Quarter Last Year to $2.9 BillionSecond Quarter 2023 Results Include GAAP Net Income of $16.8 Million with Adjusted Net Income of $70.7 MillionAdjusted EBITDA Increased 43% to $255.4 Million, Diluted Earnings Per Share of $0.20 and Adjusted Diluted Earnings Per Share of $0.89, with Adjusted Diluted Earnings Per Share Exceeding Guidance Expectations by $0.03.Annual 2023 Guidance Range Updated to Revenue of $12.7 Billion to $13.0 Billion, GAAP Net Income of $111 Million to $141 Million, Adjusted EBITDA of $1.05 Billion to $1.10 Billion, Diluted Earnings Per Share of $1.38 to $1.77 and Adjusted Diluted Earnings Per Share of $3.75 to $4.
- MasTec Schedules Second Quarter 2023 Earnings Release and Conference CallCORAL GABLES, Fla., July 20, 2023 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced that it will release results of operations for the quarter ended June 30, 2023, after the market closes on Thursday, August 3, 2023. Senior Management will also hold a conference call to discuss these results on Friday, August 4, 2023, at 9:00 a.m. Eastern time. The call-in number for the live conference call is (856) 344-9221 or (888) 394-8218, with a confirmation code of 3225603. Additionally, the call will be broadcast live over the Internet and can be accessed, along with any presentation materials, and replayed through the investor relations section of the Company's website at www.mastec.com. The r
- MasTec Announces First Quarter 2023 Financial Results with Record Backlog and Updates Guidance for the YearFirst Quarter 2023 Revenue Increased 32% Over Same Quarter Last YearFirst Quarter 2023 Results Include GAAP Net Loss of $80.5 Million, Adjusted EBITDA of $102.5 Million, Diluted Loss Per Share of $1.05 and Adjusted Diluted Loss Per Share of $0.54, Exceeding Guidance Expectations by $0.07 and $0.03 Per Share, RespectivelyRecord 18-month Backlog as of March 31, 2023 of $13.9 Billion, a 31% increase Over the Same Quarter Last YearAnnual 2023 Guidance Range Includes Revenue of $13.0 to $13.2 Billion, GAAP Net Income of $165 to $200 Million, Adjusted EBITDA of $1.10 to $1.15 Billion, Diluted Earnings Per Share of $2.11 to $2.55 and Adjusted Diluted Earnings Per Share of $4.35 to $4.85CORAL GABLES
- MasTec Schedules First Quarter 2023 Earnings Release and Conference CallCORAL GABLES, Fla., April 24, 2023 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced that it will release results of operations for the quarter ended March 31, 2023, after the market closes on Thursday, May 4, 2023. Senior Management will also hold a conference call to discuss these results on Friday, May 5, 2023, at 9:00 a.m. Eastern time. The call-in number for the conference call is (856) 344-9221 or (888) 254-3590 with a confirmation code of 9075337. The replay will run for 60 days. Additionally, the call will be broadcast live over the Internet and can be accessed and replayed through the investor relations section of the Company's website at www.mastec.com. MasTec, Inc. is a lea
- MasTec Announces Fourth Quarter and Annual 2022 Financial ResultsFourth Quarter 2022 Results Include GAAP Net Income of $3.4 Million, Adjusted EBITDA of $258 Million, Diluted Earnings Per Share of $0.04 and Adjusted Diluted Earnings Per Share of $1.03Successfully Completed IEA Acquisition, with Significant Post-Acquisition Net Debt Reduction During the QuarterRecord 18-Month Backlog as of December 31, 2022 of $13.0 Billion, a 31% Increase Over 2021Annual 2023 Guidance Includes Revenue of $13.0 Billion, a 33% Increase Over 2022, GAAP Net Income Between $194 and $212 Million, Adjusted EBITDA Between $1.10 and $1.15 Billion, with Diluted Earnings Per Share Between $2.48 and $2.70, and Adjusted Diluted Earnings Per Share Between $4.64 and $4.91. CORAL GABLES,
- MasTec Schedules Fourth Quarter 2022 Earnings Release and Conference CallCORAL GABLES, Fla., Feb. 6, 2023 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced that it will release results of operations for the quarter and year ended December 31, 2022, after the market closes on Thursday, February 23, 2023. Senior Management will also hold a conference call to discuss these results on Friday, February 24, 2023, at 9:00 a.m. Eastern time. The call-in number for the conference call is (856) 344-9221 or (888) 394-8218, with a confirmation code of 1221549. Additionally, the call will be broadcast live over the Internet and can be accessed and replayed through the investor relations section of the Company's website at www.mastec.com. The webcast replay will run for
- MasTec Announces Third Quarter 2022 Financial Results with Record Backlog and Updated Annual 2022 GuidanceThird Quarter 2022 Revenue Increased to $2.5 Billion with a 38% Year Over Year Increase in Non-Oil & Gas Segment RevenueGAAP Net Income of $49.2 Million, Diluted Earnings Per Share of $0.65 and Adjusted Diluted Earnings Per Share of $1.34Adjusted EBITDA of $246 Million or 9.8% of Revenue, a 200-Basis Point Sequential Improvement Over Second QuarterRecord 18-Month Backlog as of September 30, 2022 of $11.2 Billion, a Sequential Increase of $222 Million and a $2.7 Billion Increase Over the Same Quarter Last YearAnnual 2022 Guidance Updated to $9.7 Billion in Revenue, GAAP Net Income of $50 Million, Adjusted EBITDA of $780 million and Adjusted Diluted Earnings Per Share of $3.02CORAL GABLES, Fla
- MasTec Schedules Third Quarter 2022 Earnings Release and Conference CallCORAL GABLES, Fla., Oct. 21, 2022 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced that it will release results of operations for the quarter ended September 30, 2022, after the market closes on Thursday, November 3, 2022. Senior Management will also hold a conference call to discuss these results on Friday, November 4, 2022, at 9:00 a.m. Eastern time. The call-in number for the conference call is (856) 344-9221 or (888) 882-4478 and the replay number is (719) 457-0820, with a confirmation code of 8291130. The replay will run for 30 days. Additionally, the call will be broadcast live over the Internet and can be accessed and replayed through the investor relations section of the C
- MasTec Announces Second Quarter 2022 Financial Results Confirming Annual 2022 Guidance with Record BacklogSecond Quarter 2022 Revenue Increased Approximately 17% to $2.3 Billion Over the Same Quarter Last Year GAAP Net Income of $16.3 Million, Adjusted EBITDA of $179 Million, Diluted Earnings Per Share of $0.20 and Adjusted Diluted Earnings Per Share of $0.73Record 18-Month Backlog as of June 30, 2022 of $11.0 Billion, a Sequential Increase of $360 Million and a $1.8 Billion Increase Over the Same Quarter Last Year CORAL GABLES, Fla., Aug. 4, 2022 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced 2022 second quarter financial results and its view for annual 2022 financial results, in line with previously announced guidance expectations. Second quarter 2022 revenue increased approximately 1
- Infrastructure and Energy Alternatives Announces Second Quarter 2022 ResultsINDIANAPOLIS, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Infrastructure and Energy Alternatives, Inc. (NASDAQ:IEA) ("IEA" or the "Company"), a leading infrastructure company with renewable energy and specialty civil expertise, today announced results for the second quarter 2022. SECOND QUARTER 2022 HIGHLIGHTS (As compared to the Second Quarter 2021) On July 25, 2022, Announced Agreement to be Acquired by MasTec, Inc. (NYSE:MTZ)Total Revenues of $680.6 million, +21.5% y/yRenewables Backlog of $2.4 billion, +29.2% y/yTotal Backlog of $3.5 billion, +27.1% y/yNet Income of $17.0 million, versus $4.7 millionAdjusted EBITDA of $40.5 million, +13.6% Revenue increased by 21.5% on a year-o
- MasTec to Acquire Infrastructure and Energy Alternatives, Inc. ("IEA"), a Premier Renewable Energy and Infrastructure Services ProviderSignificantly Expands MasTec's Clean Energy & Infrastructure Segment Incremental Service Capabilities and Customer Base Adding Union Based Clean Energy Power Generation Services Expanding MasTec's Clean Energy Maintenance Service Offerings Bolsters Non-Union Craft Labor and Equipment Resource Capacity Strong Cultural Alignment and Experienced Leadership Team Transaction Expected to Close Late Q4 2022 and be Accretive to MasTec's 2023 Adjusted EPS Before Synergy Benefits, with Potential Revenue and Operational Synergies in 2024 and BeyondMasTec Updates Financial Guidance for the Second Half of 2022MasTec to Host Conference Call at 8:30 AM ET Monday, July 25, 2022, to Discuss the IEA Acquisit
- MasTec Schedules Second Quarter 2022 Earnings Release and Conference CallCORAL GABLES, Fla., July 22, 2022 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced that it will release results of operations for the quarter ended June 30, 2022, after the market closes on Thursday, August 4, 2022. Senior Management will also hold a conference call to discuss these results on Friday, August 5, 2022, at 9:00 a.m. Eastern time. The call-in number for the conference call is (313) 209-7315 or (800) 263-0877 and the replay number is (719) 457-0820, with a pass code of 7462783. The replay will run for 30 days. Additionally, the call will be broadcast live over the Internet and can be accessed and replayed through the investor relations section of the Company's website at
- MasTec Announces First Quarter 2022 Financial Results with Record Backlog and Updates Guidance for the YearFirst Quarter 2022 Results Include GAAP Net Loss of $35.0 Million, Adjusted EBITDA of $99 Million, Diluted Loss Per Share of $0.47 and Adjusted Diluted Loss Per Share of $0.03, Exceeding Guidance Expectations by $0.09 Per Share Record 18-Month Backlog as of March 31, 2022 of $10.6 Billion, a 35% Increase Over the Same Quarter Last Year Continued Strong Balance Sheet with Ample Liquidity and Comfortable Leverage Metrics Annual 2022 Guidance Range Includes Revenue of $9.2 Billion, GAAP Net Income From $186 to $205 Million, Adjusted EBITDA of $850 to $875 Million, Diluted Earnings Per Share From $2.45 to $2.70 and Adjusted Diluted Earnings Per Share From $4.22 to $4.47 CORAL GABLES, Fla., May
- MasTec Schedules First Quarter 2022 Earnings Release and Conference CallCORAL GABLES, Fla., April 22, 2022 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced that it will release results of operations for the quarter ended March 31, 2022 after the market closes on Thursday, May 5, 2022. Senior Management will also hold a conference call to discuss these results on Friday, May 6, 2022, at 9:00 a.m. Eastern time. The call-in number for the conference call is (313) 209-5140 or (800) 304-0389 and the replay number is (719) 457-0820, with a pass code of 8743064. The replay will run for 30 days. Additionally, the call will be broadcast live over the Internet and can be accessed and replayed through the investor relations section of the Company's website at www
- MasTec Announces Fourth Quarter and Annual 2021 Financial ResultsCORAL GABLES, Fla., Feb. 24, 2022 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced strong 2021 fourth quarter and full year financial results and issued its initial 2022 guidance expectation. For the Fourth Quarter: Fourth quarter 2021 revenue was up 10.5% to $1.8 billion, compared to $1.6 billion for the fourth quarter of 2020. GAAP net income was $76.4 million, or $1.04 per diluted share, compared to $112.9 million, or $1.54 per diluted share, in the fourth quarter of 2020. Fourth quarter 2021 adjusted net income and adjusted diluted earnings per share, both non-GAAP measures, were $99.9 million and $1.35, respectively, as compared to $128.1 million and $1.75, respectively, in the
- MasTec Announces Fourth Quarter and Annual 2021 Financial ResultsCORAL GABLES, Fla., Feb. 24, 2022 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced strong 2021 fourth quarter and full year financial results and issued its initial 2022 guidance expectation. For the Fourth Quarter: Fourth quarter 2021 revenue was up 10.5% to $1.8 billion, compared to $1.6 billion for the fourth quarter of 2020. GAAP net income was $76.4 million, or $1.04 per diluted share, compared to $112.9 million, or $1.54 per diluted share, in the fourth quarter of 2020. Fourth quarter 2021 adjusted net income and adjusted diluted earnings per share, both non-GAAP measures, were $99.9 million and $1.35, respectively, as compared to $128.1 million and $1.75, respectively, in the
- MasTec to Acquire Henkels & McCoy, a Premier Utility Services ProviderCORAL GABLES, Fla., Dec. 20, 2021 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced that it has entered into a definitive agreement to acquire Henkels & McCoy Group Inc. (Henkels), one of the largest U.S. private electrical power transmission and distribution utility services firm and the 14th largest U.S. specialty contractor according to the recent 2021 Engineering News-Record ranking. Founded in 1923, Henkels has been in operation for over 98 years, with approximately $1.5 billion in fiscal 2021 revenue primarily with long tenured relationships across a diverse blue chip customer base, with expansive geographic operations across the United States. Jose Mas, MasTec's Chief Executi
- MasTec Announces Strong Third Quarter 2021 Earnings Results and Updates Annual GuidanceCORAL GABLES, Fla., Nov. 4, 2021 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced third quarter 2021 financial results and updated its guidance for the remainder of 2021. Third quarter 2021 revenue was a record $2.4 billion, compared to $1.7 billion for the prior year period, a 42% increase. Third quarter 2021 GAAP net income was $112.5 million, or $1.50 per diluted share, $0.13 above expectation. Third quarter 2021 adjusted net income and adjusted diluted earnings per share, both non-GAAP measures, were $135.6 million and $1.81, respectively, with adjusted diluted earnings per share exceeding the Company's previously announced expectation by $0.10. Third quarter 2021 adjusted EBI
- MasTec Schedules Third Quarter 2021 Earnings Release and Conference CallCORAL GABLES, Fla., Oct. 25, 2021 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced that it will release results of operations for the quarter ended September 30, 2021 after the market closes on Thursday, November 4, 2021. Senior Management will also hold a conference call to discuss these results on Friday, November 5, 2021, at 9:00 a.m. Eastern time. The call-in number for the conference call is (334) 323-0501 or (800) 353-6461 and the replay number is (719) 457-0820, with a pass code of 8886034. The replay will run for 30 days. Additionally, the call will be broadcast live over the Internet and can be accessed and replayed through the investor relations section of the Company's w
- MasTec Announces Second Quarter 2021 Results with Record Backlog and Updates Annual GuidanceCORAL GABLES, Fla., Aug. 5, 2021 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced strong second quarter 2021 financial results and updated its guidance for the remainder of 2021. Second quarter 2021 revenue was $2.0 billion, compared to $1.6 billion for the prior year period, a 25% increase. Second quarter 2021 GAAP net income increased 33% to $75.8 million, or $1.02 per diluted share, compared to $56.8 million, or $0.78 per diluted share in the prior year. Second quarter 2021 adjusted net income and adjusted diluted earnings per share, both non-GAAP measures, increased significantly to $96.7 million, and $1.30, respectively. Second quarter 2021 adjusted EBITDA, also a non-GAAP meas
- MasTec Schedules Second Quarter 2021 Earnings Release and Conference CallCORAL GABLES, Fla., July 22, 2021 /PRNewswire/ -- MasTec, Inc. (NYSE:MTZ) today announced that it will release results of operations for the quarter ended June 30, 2021 after the market closes on Thursday, August 5, 2021. Senior Management will also hold a conference call to discuss these results on Friday, August 6, 2021, at 9:00 a.m. Eastern time. The call-in number for the conference call is (323) 794-2423 or (888) 254-3590 and the replay number is (719) 457-0820, with a pass code of 8854706. The replay will run for 30 days. Additionally, the call will be broadcast live over the Internet and can be accessed and replayed through the investor relations section of the Company's website at ww