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Call Participants and Agenda
Introduction and Forward-Looking
President and Chief Executive Officer
2Q22 Results, Operational and Strategic
Executive Vice President - Business Operations
Financial Review and Discussion
Vice President, Investor Relations
Second Quarter 2022 Overview
Great start to the year that included many record second quarter and first half results
Continued solid execution and profitable growth
Strong revenue growth in each segment
Momentum building for profitable growth in 2023
Strong total backlog(1) of $19.9 billion
Record twelve-month backlog
Opportunity for new levels of record total backlog in the coming quarters
Negotiating several large MSA renewals, have significant levels of limited notices to proceed and are actively pursuing larger electric transmission projects
Multi-yeargrowth opportunities driven by solutions-based strategy, growth of programmatic spending with existing and new customers and favorable energy transition and technology enablement megatrends
* Indicates record quarterly result or record second quarter result
SOLID 2022 START, MOMENTUM BUILDING FOR 2023
(1) Refer to the appendix for a reconciliation of this non-GAAP financial measure to its most directly comparable GAAP measure.
Electric Power Infrastructure Solutions
Another solid quarter of profitable growth. Reflects solid and safe execution and robust demand for our services
Successfully managing through supply chain challenges causing limited delays and resource utilization inefficiencies
Expect short-term delays on the timing of certain transmission work
Continue to collaborate with customers to provide mitigation solutions
Demand for our services driven by grid modernization, system hardening initiatives, reputation for solid and safe execution
Communications operations continued to execute well
Signed MSA to provide turnkey engineering, construction and program management solutions in support of the deployment of a national EV direct current (DC) fast charging network
Includes one of the world's largest auto manufacturers, North America's largest operator of travel centers and the nation's largest public fast charging EV network
Network expected to include as many as 2,000 DC charging stalls at hundreds of travel locations across the United States
CONTINUED STRONG DEMAND FOR QUANTA'S ELECTRIC POWER INFRASTRUCTURE SOLUTIONS
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Quanta Services Inc. published this content on 04 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2022 12:57:07 UTC.