Welcome to our dedicated page for Quanta Services news (Ticker: PWR), a resource for investors and traders seeking the latest updates and insights on Quanta Services stock.
Quanta Services (NYSE: PWR) provides essential infrastructure solutions for energy, utilities, and communications sectors. This news hub delivers timely updates on operational milestones, strategic initiatives, and market developments impacting this leading engineering and construction specialist.
Access consolidated coverage of earnings reports, project awards, and regulatory filings. Track Quanta's progress in renewable energy infrastructure, grid modernization projects, and technology-driven service expansions. Our repository ensures investors and industry professionals stay informed about critical developments shaping North America's infrastructure landscape.
Key updates on transmission system upgrades, substation construction projects, and emergency power restoration efforts. Monitor strategic acquisitions enhancing Quanta's technical expertise and geographic reach. Discover how the company addresses evolving demands in sustainable energy and digital infrastructure through its integrated EPC solutions.
Bookmark this page for streamlined access to SEC filings, executive commentary, and partnership announcements. Verify operational updates directly from primary sources while maintaining perspective on Quanta's role in modernizing critical energy networks across multiple continents.
Quanta Services, Inc. (NYSE: PWR) will release its first quarter 2023 financial results on May 4, 2023, before market opening. Following the release, a conference call is scheduled for 9:00 a.m. Eastern time the same day, accessible via phone and webcast. Investors can view a slide presentation during the call, available on the company's Investor Relations website prior to the event. An archive of the webcast will be accessible after the call. Quanta Services is a leader in providing specialized infrastructure solutions across various sectors including energy and communications, with operations in the US, Canada, Australia, and more.
Quanta Services, Inc. (NYSE: PWR) has declared a quarterly cash dividend of $0.08 per share, translating to $0.32 annually. The dividend payment will occur on April 18, 2023, to shareholders recorded by April 10, 2023. This declaration reflects the company's ongoing commitment to returning value to its stockholders.
Quanta Services, Inc. (PWR) reported strong financial results for Q4 and full-year 2022, with revenues of $4.42 billion in Q4 and $17.07 billion for the year, both record highs. Net income for Q4 was $162.6 million, marking a significant increase from $104.8 million in Q4 2021. The company anticipates continued growth in 2023, targeting double-digit growth in net income, adjusted EBITDA, and cash flow. Despite a robust backlog of $24.09 billion, potential risks include economic uncertainties, supply chain challenges, and regulatory hurdles. Notably, Quanta has also announced multiple infrastructure projects poised to contribute to future growth.
Quanta Services (NYSE: PWR) celebrates its 25-year listing anniversary on the New York Stock Exchange by ringing The Closing Bell on February 9, 2023. Founded to enhance the nation's energy infrastructure, Quanta has grown over 100 times since its IPO in February 1998. CEO Duke Austin expressed confidence in the company’s potential for multi-year revenue and double-digit earnings per share growth, driven by support for customer programs and the energy transition. The event emphasizes Quanta’s role as a leading infrastructure provider in the utilities and energy sectors, supported by a dedicated workforce of approximately 50,000 employees.
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