MasTec Announces Better than Expected First Quarter 2020 Results and Updated Annual Guidance Incorporating Potential COVID-19 Pandemic Impacts
MasTec, Inc. (MTZ)
Last mastec, inc. earnings: 4/30 05:06 pm
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US:NYSE Investor Relations:
mastec.com/en/investors
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Source: PR Newswire
CORAL GABLES, Fla., April 30, 2020 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced better than expected first quarter financial results and updated its guidance for the remainder of 2020 for the potential impacts of the COVID-19 Pandemic. First quarter 2020 revenue was $1.4 billion, and cash flow from operations was a first quarter record at $203 million, a $250 million increase over cash flow from operations during the same period last year.First quarter GAAP net income was $36.1 million, or $0.48 per diluted share. GAAP results exceeded the Company's previously announced diluted earnings per share expectation by $0.10. First quarter 2020 adjusted net income, a non-GAAP measure, was $44.9 million. Adjusted diluted earnings per share, a non-GAAP measure, was $0.60, exceeding the Company's previously announced expectation by $0.12. First quarter 2020 adjusted EBITDA, also a non-GAAP measure, was $118 million, exceeding the Company's previously announced expectat
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MTZ
Earnings
- 10/30/25 - Beat
MTZ
Sec Filings
- 11/18/25 - Form 4
- 11/18/25 - Form 4
- 11/18/25 - Form 4
- MTZ's page on the SEC website