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Quanta Services Reports Fourth Quarter and Full-Year 2022 Results

Quanta Services, Inc. (NYSE: PWR) today announced results for the three and twelve months ended December 31, 2022. Revenues in the fourth quarter of 2022 were $4.42 billion compared to revenues of $3.92 billion in the fourth quarter of 2021, and net income attributable to common stock was $162.6 million, or $1.10 per diluted share, in the fourth quarter of 2022 compared to net income attributable to common stock of $104.8 million, or $0.71 per diluted share, in the fourth quarter of 2021. Adjusted diluted earnings per share attributable to common stock (a non-GAAP measure) was $1.68 for the fourth quarter of 2022 compared to $1.54 for the fourth quarter of 2021.