MasTec (MTZ) Tops Q2 EPS by 13c, FY EPS Guidance Tops Views
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
MasTec Announces Second Quarter 2016 Results Above Expectations and Increases 2016 Full Year Guidance
August 4, 2016 4:31 PM EDTCORAL GABLES, Fla., Aug. 4, 2016 /PRNewswire/ --Â MasTec, Inc. (NYSE: MTZ) today announced second quarter 2016 financial results, as well as increased 2016 full year guidance. The Company reported:
Second quarter 2016 revenue was $1.23 billion compared to $1.07 billion in the same period in 2015. GAAP net income was $24.4 million, or $0.30 per diluted share, compared to a net loss of $3.8 million, or a loss of $0.05 per diluted share, in the second quarter of 2015. Second quarter 2016 adjusted net income, a non-GAAP measure, was $29.9 million compared to $8.1 million in the same period in 2015. Second quarter... More