MasTec (MTZ) Tops Q2 EPS by 2c

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MasTec Announces Second Quarter 2022 Financial Results Confirming Annual 2022 Guidance with Record Backlog

August 4, 2022 5:14 PM EDT

Second 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... More