Stantec reports record third quarter 2023 results and raises full year guidance

Q3 2023 highlights net revenue of $1.3 billion, an increase of 13.5% over q3 2022 adjusted ebitda margin1 of 18.3%, up 160 basis points over q3 2022 adjusted diluted eps1 of $1.14, up 32.6% over q3 2022 backlog of $6.4 billion, up 7.6% since december 31, 2022 edmonton, alberta and new york, nov. 09, 2023 (globe newswire) -- stantec (tsx, nyse:stn), a global leader in sustainable design and engineering, today reported its results for the three and nine month periods ended september 30, 2023. stantec delivered record third quarter earnings, as continued strong demand was met with high utilization, particularly in the united states and canada.
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