Skip to content
ChickenStockChickenStock
ResearchFilings

AI English summary of an SEC filing — figures as filed

Quanta Services logoQuanta Services PWR

The company said revenue for Q1 2024 (3 months) rose to $5.03 billion from $4.43 billion a year earlier, and net income attributable to common stock was $118.4 million ($0.79 per diluted share).

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said revenue for Q1 2024 (3 months) rose to $5.03 billion from $4.43 billion a year earlier, and net income attributable to common stock was $118.4 million ($0.79 per diluted share).

  2. Quanta said adjusted diluted earnings per share for Q1 2024 were $1.41 ($1.24 a year earlier) and adjusted EBITDA was $387.3 million. The company also said its adjusted items included $9.6 million in acquisition and integration costs.

  3. The company said it set its full-year 2024 revenue outlook at $22.5 billion to $23.0 billion, adjusted diluted earnings per share at $8.15 to $8.65, and adjusted EBITDA at $2.13 billion to $2.25 billion.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the opening part of the filing body and confirmed exhibits, within a length limit. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.

Q1 2024 Revenue and Earnings

The company said revenue for Q1 2024 (3 months) rose to $5.03 billion from $4.43 billion a year earlier, and net income attributable to common stock was $118.4 million ($0.79 per diluted share).

Source · Based on the filing body and exhibits

Adjusted Metrics and Adjusted Items

Quanta said adjusted diluted earnings per share for Q1 2024 were $1.41 ($1.24 a year earlier) and adjusted EBITDA was $387.3 million. The company also said its adjusted items included $9.6 million in acquisition and integration costs.

Source · Based on the filing body and exhibits

Full-Year 2024 Outlook

The company said it set its full-year 2024 revenue outlook at $22.5 billion to $23.0 billion, adjusted diluted earnings per share at $8.15 to $8.65, and adjusted EBITDA at $2.13 billion to $2.25 billion.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.