MasTec(US:MTZ)2025-10-31 13:00Financial Performance - Revenue reached $4.0 billion, a 22% year-over-year increase, and 2% above guidance, with double-digit growth across all segments[5] - Adjusted EBITDA was $373 million, a 20% year-over-year increase, and 1% above guidance, driven by double-digit growth from Communications, Power Delivery, and Clean Energy & Infrastructure[5] - Adjusted Diluted EPS was $2.48, exceeding prior year's $1.68 and surpassing guidance by $0.20, attributed to higher operating earnings, lower taxes, and reduced depreciation[5] Backlog - Total backlog increased to $16.8 billion, a sequential increase of $0.3 billion or 2%, and a year-over-year increase of $2.9 billion or 21%[5] - Pipeline Infrastructure backlog experienced a 124% year-over-year increase[5] - Clean Energy and Infrastructure backlog reached a new record of $5.0 billion, including strong additions in both renewables and infrastructure[13] Cash Flow and Leverage - Cash flow from operations was $89 million[5] - Leverage remained at 2.0x[16] - Liquidity stood at $2.0 billion[18] Guidance - Full year revenue is guided at $14.075 billion[20] - Adjusted EBITDA is projected to be $1.135 billion[20] - Adjusted Net Income is expected to be $524 million[20] - Adjusted Diluted EPS is estimated at $6.40[20]