Specialized Infrastructure Solutions
Search documents
QUANTA SERVICES TO PARTICIPATE IN THE UBS GLOBAL INDUSTRIALS AND TRANSPORTATION CONFERENCE
Prnewswire· 2025-11-21 11:55
Core Viewpoint - Quanta Services, Inc. will participate in the UBS Global Industrials and Transportation Conference on December 2, 2025, where management will engage with institutional investors and participate in a live fireside chat [1] Group 1: Company Participation - Duke Austin, CEO, and Jayshree Desai, CFO, will represent the company at the conference [1] - The fireside chat will be hosted by UBS research analyst Steve Fisher at 10:30 a.m. Eastern time on the same day [1] - Live webcast links and archived replays will be available on Quanta's Investor Relations website [1] Group 2: Company Overview - Quanta Services is a leader in providing specialized infrastructure solutions across various industries, including utility, renewable energy, technology, communications, pipeline, and energy [2] - The company offers comprehensive services such as designing, installing, repairing, and maintaining energy and communications infrastructure [2] - Quanta operates in the United States, Canada, Australia, and select international markets, equipped with the necessary manpower and resources to handle projects of varying scopes [2]
Quanta Services Announced as an Official Supporter of Houston World Cup 26 Host City
Prnewswire· 2025-09-10 15:00
Company Involvement - Quanta Services, Inc. has been announced as an Official Supporter of the Houston World Cup 26 Host City, indicating its commitment to the event and the local community [1][2] - The company aims to contribute to the World Cup 2026 by promoting safety, workforce development, culture, community well-being, and sustainability [1][3] Leadership and Vision - Quanta's President and CEO, Duke Austin, emphasized the company's mission of creating connections and its dedication to building resilient communities through this partnership [2] - The collaboration aligns with the FIFA World Cup 26 Houston Host Committee's vision of delivering an extraordinary tournament while ensuring a positive legacy for the city [3] Event Overview - The FIFA World Cup 26 will be the largest sporting event ever, featuring three host countries, 16 host cities, 48 teams, and 104 matches, set to take place in June and July 2026 [4] - This tournament is designed to be the most inclusive, engaging millions of fans across various stadiums and reaching billions worldwide [4] Economic and Community Impact - The Harris County – Houston Sports Authority plays a crucial role in managing sports facilities and attracting major events, enhancing Houston's economic development and quality of life for residents [5]
QUANTA SERVICES REPORTS FIRST QUARTER 2025 RESULTS
Prnewswire· 2025-05-01 10:55
Core Insights - Quanta Services reported strong first quarter results for 2025, with revenues of $6.23 billion, a significant increase from $5.03 billion in the same period of 2024, reflecting robust double-digit growth [1][2] - The company achieved a net income attributable to common stock of $144.3 million, or $0.96 per diluted share, compared to $118.4 million, or $0.79 per diluted share, in the first quarter of 2024 [1][2] - Adjusted diluted earnings per share rose to $1.78 from $1.41 year-over-year, indicating improved profitability across segments [1][2] Financial Performance - First quarter adjusted EBITDA was reported at $503.9 million, with cash flow from operations of $243.2 million and free cash flow of $117.8 million [1] - The remaining performance obligations (RPO) stood at $17.6 billion, while total backlog reached a record $35.3 billion, showcasing strong demand for Quanta's services [1][2] - The company repurchased approximately $135 million of its outstanding common stock during the quarter, reflecting confidence in its financial position [1][11] Segment Performance - Quanta operates under two reportable segments: Electric Infrastructure Solutions and Underground Utility and Infrastructure, with the Electric segment generating $4.94 billion in revenues, up from $3.91 billion in 2024 [25][26] - The Underground and Infrastructure segment reported revenues of $1.29 billion, an increase from $1.12 billion in the previous year [26] - Both segments demonstrated improved operating income margins, with Electric at 8.3% and Underground at 6.0% for the first quarter of 2025 [26] Strategic Outlook - The company raised its full-year 2025 revenue, adjusted EBITDA, and adjusted EPS expectations, indicating a positive outlook despite macroeconomic uncertainties [2][10] - Quanta's strategic focus on expanding service lines and maintaining a customer-centric approach is expected to drive future growth [3] - The company is actively managing supply chain risks and collaborating with customers to optimize costs amid trade tariff impacts [6][7] Recent Developments - Quanta was selected for a significant electric transmission upgrade project by the Los Angeles Department of Water and Power, further enhancing its project backlog [4][5] - The company received credit rating upgrades from S&P Global Ratings, which are anticipated to lower borrowing costs and expand liquidity options [11] - Quanta's proactive measures in supply chain management and strategic acquisitions are expected to bolster its competitive position in the market [3][11]