Mastec announces third quarter 2024 financial results and increases guidance for the year

Third quarter 2024 revenue of $3.3 billion with significant margin expansion over last year third quarter 2024 diluted earnings per share of $1.21 and adjusted diluted earnings per share of $1.63, above expectations by $0.43 and $0.39, respectively third quarter 2024 gaap net income of $105.4 million and adjusted ebitda of $305.9 million, above expectations by $33.4 million and $10.9 million, respectively record 18-month backlog as of september 30, 2024 of $13.9 billion increased $1.4 billion from the third quarter of 2023 year-to-date cash flow generated by operating activities of $650 million and dso at 68 days coral gables, fla. , oct. 31, 2024 /prnewswire/ -- mastec, inc. (nyse: mtz) today announced third quarter 2024 financial results and increased its full year bottom line 2024 guidance expectations.
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