Flash FinanceUS
Market closed S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · MasTec (MTZ)

MasTec Q2 revenue rises 3% to $2.96 billion; net income climbs to $43.8 million

Positive Impact 3 of 5 earnings Written later

MasTec reported second-quarter 2024 revenue of $2.96 billion, up 3% from $2.87 billion a year earlier, and GAAP net income of $43.8 million, up from $16.8 million. The company also issued full-year 2024 guidance, including adjusted EBITDA of $975 million and adjusted diluted EPS of $3.03, plus third-quarter guidance. Revenue, net income and EPS all improved, and backlog rose to $13.3 billion, which the filing ties to future work.

Key points

  • Q2 2024 revenue of $2.96 billion, up 3% from $2.87 billion in Q2 2023
  • GAAP net income of $43.8 million, or $0.43 per diluted share, vs. $16.8 million, or $0.20, in Q2 2023
  • Full-year 2024 guidance: revenue of about $12.4 billion, adjusted EBITDA of $975 million, adjusted diluted EPS of $3.03
  • Q3 2024 guidance: revenue of about $3.45 billion and adjusted diluted EPS of $1.24; 18-month backlog of $13.3 billion at June 30, 2024, up $501 million sequentially

The filing

CompanyMasTec (MTZ)
Form8-K, current report
Filed with the SECAug 1, 2024, 9:35 PM ET
Accession number0001193125-24-191835

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 01, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.