MasTec Reports Record Q1 Results with Strong Revenue Growth and Raised Guidance
MasTec (NYSE:MTZ) reported record first-quarter revenue of $3.829 billion, a 34% year-over-year increase, along with significant gains in adjusted EBITDA ($284 million, up 73%) and adjusted EPS ($1.39, up 174%). The company raised its full-year guidance across all key metrics due to strong performance from each of its major segments.
Tickers: $MTZ
Topics: adjusted_ebitda backlog earnings guidance_update revenue_growth