Ticker Symbol Changing to AIOT with July 1st Market Open
WOODCLIFF LAKE, N.J., June 10, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) today announced that they are set to join the small-cap Russell 2000® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1, 2024, according to a preliminary list of additions posted Friday, May 24, 2024.
HOUSTON, May 28, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today the election of two new independent directors, Warner L. Baxter and Jo-ann dePass Olsovsky, to the company's Board of Directors at the 2024 Annual Meeting of Stockholders, as well as the appointment of Doyle N. Beneby as the new independent Chairman of the Board.
Doyle Beneby, Quanta Services' independent Chairman of the Board, commented, "We are pleased to welcome Warner and Jo-ann to the Quanta Services Board of Directors. Warner brings extensive experience as a senior executive and director at a publicly traded regulated electric power and natural gas utility and will provide valuable customer- and industry-based insights to the board. Jo-ann brings to the Board extensive experience leading information technology, advanced technologies, large-scale systems implementation, telecommunications, field operations, and cybersecurity management functions as the chief information officer of large publicly traded and private companies in the technology and regulated industries. We look forward to working with Warner and Jo-ann and welcome the perspectives they will provide to Quanta's board and to the company."
HOUSTON, May 24, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.09 per share, or a rate of $0.36 per share on an annualized basis. The dividend is payable on July 12, 2024, to stockholders of record as of July 1, 2024.
About Quanta ServicesQuanta Services is a leading specialized contracting services company, delivering comprehensive infrastructure solutions for the utility, renewable energy, communications, pipeline and energy industries. Quanta's comprehensive services include designing, installing, repairing and maintaining energy and communications infrastructure. With operations throughout the United States, Canada, Australia and select other international markets, Quanta has the manpower, resources and expertise to safely complete projects that are local, regional, national or international in scope. For more information, visit www.quantaservices.com.
BERNSTEIN STRATEGIC DECISIONS CONFERENCE
KEYBANC CAPITAL MARKETS INDUSTRIALS & BASIC MATERIALS CONFERENCE
HOUSTON, May 21, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that company management will participate in two institutional investor conferences in May: the Bernstein Strategic Decisions Conference and the KeyBanc Capital Markets Industrials & Basic Materials Conference.
First Quarter Consolidated Revenues of $5.03 Billion*
First Quarter GAAP Diluted EPS of $0.79 and Adjusted Diluted EPS of $1.41*
Net Income Attributable to Common Stock of $118.4 Million and Adjusted EBITDA of $387.3 Million*
Cash Flow From Operations of $238.0 Million* and Free Cash Flow of $181.2 Million*
Remaining Performance Obligations of $14.9 Billion* and Total Backlog of $29.9 Billion*
Raising Full-Year 2024 Revenue and Earnings Per Share Expectations
* = Record quarterly or record first quarter result
HOUSTON, April 4, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that it will release its first quarter 2024 financial results on Thursday, May 2, 2024, before the market opens. In conjunction with the press release, Quanta has scheduled a conference call and webcast for 9:00 a.m. Eastern time on Thursday, May 2, 2024.
Earnings Call Format and Supplemental MaterialsShortly following the issuance of its first quarter 2024 earnings release, Quanta will post its First Quarter 2024 Operational and Financial Commentary on the Investor Relations section of the Quanta website (http://investors.quantaservices.com), which will provide operational and financial information, as well as industry and end-market commentary. While management intends to make brief introductory remarks during the earnings call, the Operational and Financial Commentary is intended to largely replace management's prepared remarks, allowing additional time for questions from the institutional investment community. Additionally, the company intends to post all other supplemental earnings materials on the Investor Relations section of the Quanta website shortly after the issuance of its first quarter 2024 earnings release.
HOUSTON, March 28, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.09 per share, or a rate of $0.36 per share on an annualized basis. The dividend is payable on April 17, 2024, to stockholders of record as of April 9, 2024.
About Quanta ServicesQuanta Services is a leading specialized contracting services company, delivering comprehensive infrastructure solutions for the utility, renewable energy, communications, pipeline and energy industries. Quanta's comprehensive services include designing, installing, repairing and maintaining energy and communications infrastructure. With operations throughout the United States, Canada, Australia and select other international markets, Quanta has the manpower, resources and expertise to safely complete projects that are local, regional, national or international in scope. For more information, visit www.quantaservices.com.
Raymond James 45th Annual Institutional Investors ConferenceBank of America Securities 2024 Power, Utilities and Clean Energy ConferenceDaiwa Investment Conference Tokyo 2024
HOUSTON, Feb. 27, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that company management will participate in several institutional investor conferences in March, including the Raymond James 45th Annual Institutional Investors Conference, the Bank of America Securities 2024 Power, Utilities and Clean Energy Conference and the Daiwa Investment Conference Tokyo 2024.
Full-Year 2024 Guidance Reflects Solid Growth in Revenues and Opportunity for Double-Digit Growth in Net Income, Adjusted EBITDA, Cash Flow From Operations and Earnings Per Share
Fourth Quarter 2023 Results Include:
Consolidated Revenues of $5.78 Billion*GAAP Diluted EPS of $1.42* and Adjusted Diluted EPS of $2.04*Net Income Attributable to Common Stock of $210.9 Million*Adjusted EBITDA of $550.2 Million*Cash Flow From Operations of $1.00 Billion* and Strong Free Cash FlowYear-End Remaining Performance Obligations of $13.89 Billion* and Total Backlog of $30.11 Billion*Updating Earnings Call Format and Supplemental Materials to Enhance Transparency
HOUSTON, Feb. 7, 2024 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that it will release its fourth quarter and full-year 2023 financial results on Thursday, February 22, 2024, before the market opens. In conjunction with the press release, Quanta has scheduled a conference call and webcast for 9:00 a.m. Eastern time on Thursday, February 22, 2024.
HOUSTON, Dec. 6, 2023 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.09 per share, or a rate of $0.36 per share on an annualized basis, which represents an approximately 12.5% increase from Quanta's last quarterly cash dividend paid in October 2023. The dividend is payable on January 12, 2024, to stockholders of record as of January 2, 2024.
Third Quarter Consolidated Revenues of $5.62 Billion*
Third Quarter GAAP Diluted EPS of $1.83* and Adjusted Diluted EPS of $2.24*
Net Income Attributable to Common Stock of $272.8 Million* and Adjusted EBITDA of $592.5 Million*
Cash Flow From Operations of $406.6 Million* and Strong Free Cash Flow*
Remaining Performance Obligations of $13.6 Billion* and Total Backlog of $30.1 Billion*
Raising Full-Year 2023 Revenue and Adjusted EBITDA Expectations
* = Record quarterly or record third quarter result
HOUSTON, Oct. 12, 2023 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that it will release third quarter 2023 financial results on Thursday, November 2, 2023, before the market opens. In conjunction with the press release, Quanta has scheduled a conference call and webcast for 9:00 a.m. Eastern time on Thursday, November 2, 2023. Quanta will utilize a slide presentation to accompany its prepared remarks, which will be viewable through the webcast and available on the Investor Relations section of the Quanta website prior to the conference call (http://investors.quantaservices.com).
Details Progress Across Key Sustainability Pillars and Highlights Our Leading Role in Enabling the Energy Transition
HOUSTON, Sept. 14, 2023 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today the release of its 2022 Sustainability Report. This report provides additional information about our sustainability strategy and how we are measuring the continued progress we made in 2022. Titled "Building Momentum," the report discusses Quanta's leading role in enabling the energy transition and our vision to leave a measurable, sustainable legacy on people and our planet by focusing on our customers, employees and communities. Please visit https://sustainability.quantaservices.com to access the microsite and report.
HOUSTON, Aug. 31, 2023 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.08 per share, or a rate of $0.32 per share on an annualized basis. The dividend is payable on October 13, 2023, to stockholders of record as of October 2, 2023.
About Quanta ServicesQuanta Services is a leading specialized contracting services company, delivering comprehensive infrastructure solutions for the utility, renewable energy, communications, pipeline and energy industries. Quanta's comprehensive services include designing, installing, repairing and maintaining energy and communications infrastructure. With operations throughout the United States, Canada, Australia and select other international markets, Quanta has the manpower, resources and expertise to safely complete projects that are local, regional, national or international in scope. For more information, visit www.quantaservices.com.
Second Quarter Consolidated Revenues of $5.05 Billion*
Second Quarter GAAP Diluted EPS of $1.12* and Adjusted Diluted EPS of $1.65*
Net Income Attributable to Common Stock of $165.9 Million* and Adjusted EBITDA of $472.1 Million*
Remaining Performance Obligations of $12.5 Billion* and Total Backlog of $27.2 Billion*
Raising Full-Year 2023 Revenue, Adjusted EBITDA and EPS Expectations
* = Record quarterly or record second quarter result
HOUSTON, Aug. 3, 2023 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) today announced results for the three months ended June 30, 2023. Revenues in the second quarter of 2023 were $5.05 billion compared to revenues of $4.23 billion in the second quarter of 2022, and net income attributable to common stock was $165.9 million, or $1.12 per diluted share, in the second quarter of 2023 compared to net income attributable to common stock of $88.0 million, or $0.59 per diluted share, in the second quarter of 2022. Adjusted diluted earnings per share attributable to common stock (a non-GAAP financial measure) was $1.65 for the second quarter of 2023 compared to $1.55 for the second quarter of 2022.
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