NYSE:PWRConstruction
Quanta Services Backlog Record Tests Valuation And Supports Revenue Visibility
Quanta Services reported a record contracted backlog of $39.2b tied to utility and power infrastructure work.
The company highlighted strengthening demand visibility as customers commit to long-duration grid and infrastructure projects.
Management framed the backlog as support for steadier project execution and revenue visibility beyond routine quarterly guidance.
Quanta Services (NYSE:PWR) sits at the center of large-scale utility and power infrastructure projects, and its record $39.2b...