MasTec, Inc. (NYSE:MTZ ) Q1 2024 Earnings Conference Call May 3, 2024 9:00 AM ET Company Participants Marc Lewis - Vice President-Investor Relations Jose Mas - Chief Executive Officer Paul DiMarco - Executive Vice President and Chief Financial Officer Conference Call Participants Andy Kaplowitz - Citigroup Alex Rygiel - B. Riley Sangita Jain - KeyBanc Jamie Cook - Truist Securities Brian Brophy...
MasTec lost less than expected in the first quarter, and guided for a full-year profit that is ahead of expectations. The company has an important role to play in major trends including infrastructure renewal, clean energy, and the expansion of communications and data centers.
Record First Quarter 2024 Revenue of $2.7 Billion First 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 Million First Quarter 2024 Adjusted EBITDA of $157.3 Million, a $54.8 Million Improvement Over First Quarter 2023 and Beating Consensus Estimates by $28.7 Million First Quarter 2024 Diluted Loss Per Shar...
CORAL 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.
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MasTec beat expectations in the fourth quarter and predicted growth in 2024 and beyond. In 2023, the company was plagued by customer delays, but it says demand for its services remains strong.
Record Fourth Quarter and Annual Revenue of $3.3 Billion and $12.0 Billion, Respectively Full Year 2023 Cash Flow from Operations of $687 Million, a 95% Increase Over Full Year 2022 Fourth 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...
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