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Earnings ·

Reports Q3 revenue of $5.2 billion and updates full-year diluted EPS guidance to $5.69-$6.01

MTZMastec Inc

MasTec reported third-quarter revenue of $5.2 billion, a quarterly record that increased 30% year-over-year, alongside Adjusted EBITDA of $486 million. Diluted earnings per share reached $1.89, while GAAP net income was $167.7 million. The company raised its full-year diluted EPS guidance to a range of $5.69 to $6.01, reflecting a 15% increase at the midpoint compared to prior estimates. Backlog grew to a record $24.5 billion, driven by strong performance in Power Delivery and Pipeline Infrastructure segments. MasTec operates as a leading North American infrastructure engineering and construction company focused on communications, energy, and utility services.

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