Quanta Services Reports Strong Q3 Results with Record $64 Billion Backlog
Quanta Services (NYSE: PWR) reported third-quarter financial results that significantly exceeded market expectations, driven by robust double-digit growth across key metrics including revenue, adjusted EBITDA, and adjusted earnings per share. The company also noted healthy cash flow generation during the period. The infrastructure solutions provider reached a record backlog of $64 billion, providing strong visibility into future performance. Looking ahead, management has projected 2026 revenues to fall within the range of $41.3 billion to $41.6 billion, signaling sustained long-term growth momentum.
Tickers: $PWR
Topics: backlog earnings report EBITDA revenue growth