Quanta Services Q3 Revenue Jumps 57.4% as Earnings Beat Estimates

Quanta Services’ third-quarter revenue climbed 57.4% year over year to $12.01 billion, while non-GAAP earnings per share topped estimates and shares rose in premarket trading. Non-GAAP EPS was $6.06, beating estimates by $1.03. Revenue exceeded estimates by $1.03 billion. Remaining performance obligations totaled $41.8 billion, and total backlog stood at $63.7 billion. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost