MASTEC INC [MTZ] reports annual net loss of $47.3 million
Company Reports Revenue of $12.0 billion
By USInMinutes
Published - Mar 04, 2024, 06:12 AM ET
Last Updated - Mar 04, 2024, 06:12 AM EST
MASTEC INC [MTZ] has reported a net loss of $47.3 million for year ended Dec 31, 2023.
The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $12.0 billion
Based in CORAL GABLES, Florida, MASTEC INC operates in the CONSTRUCTION sector.
During the 12 months ended December 31, 2023, MasTec, Inc. reported a total revenue of $11.99 billion, showing a significant increase compared to $9.78 billion in the same period in 2022 and $7.95 billion in 2021.
The costs of revenue, excluding depreciation and amortization, also rose to $10.61 billion in 2023 from $8.59 billion in 2022 and $6.81 billion in 2021.