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Mastec Reports $84.7 Million Quarterly Profit
By USinMinutes - Feb 28, 2025, 06:05 AM ET
Last Updated - Feb 28, 2025, 08:31 AM EST
The company records $3.4 billion revenue for Q4 ended Dec 31, 2024
MASTEC INC [MTZ] reported $84.7 million profit for Q4 ended Dec 31, 2024, showing an increase of $83.5 million in the same quarter of the previous year.
The company revealed in its 8-K filing to the SEC dated Feb 28, 2025 that it generated revenue of $3.4 billion for the period, showing an increase of $123 million in the same quarter of the previous year.
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Based in Coral Gables, Florida, the company reported $1 earnings per share for the period, compared to $0 in the last quarter.
The company's profit increased by 6.96 thousand% from $1.2 million in the last quarter.
The revenue increased 3.75% from $3.3 billion in the same quarter of the previous year.
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