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MasTec Announces Fourth Quarter and Annual 2018 Financial Results and Issues Record 2019 Guidance - Strong... MasTec Announces Record Third Quarter 2018 Revenue and Backlog, Net Income, Adjusted Net Income and EBITDA With Increased Annual Guidance Mastek Annual Report 2018-19 Mastek INC Financial Statement 2018-19 Trans American Information System Private Limited 2018-19 Mastek (UK) Limited Financial Statement 2018-19 Notice, Route Map, Proxy form, Attendance Slip - 37th AGM - 2018 Guidance Represents Record Revenue of $6.75 Billion with Increased Adjusted Net Income, Adjusted Diluted Earnings per Share and Adjusted EBITDA CORAL GABLES, Fla., Feb. 27, 2018 /PRNewswire/ -- MasTec, Inc. (NYSE: MTZ) today announced strong 2017 fourth quarter and full year financial results, and issued its initial 2018 guidance expectation.
- 2018 Guidance Represents Record Revenue of $6.75 Billion with Increased Adjusted Net Income, Adjusted Diluted Earnings per Share and Adjusted EBITDA News provided by MasTec, Inc. Tax effects are determined based on the tax treatment of the related items, the incremental statutory tax rate of the jurisdictions pertaining to each adjustment, and taking into consideration their effect on pre-tax income.- Successful Contractual Resolution on a Large Oil & Gas Pipeline Project, with significant cash collection in OctoberAdjusted net income, adjusted diluted earnings per share and adjusted EBITDA, which are all non-GAAP measures, exclude certain items which are detailed and reconciled to the most comparable GAAP-reported measures in the attached Supplemental Disclosures and Reconciliation of Non-GAAP Disclosures. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. CORAL GABLES, Fla., Feb. 28, 2019 /PRNewswire/ -- MasTec, Inc. MTZ, +3.28% today announced strong 2018 fourth quarter and full year financial results …
Over the last four quarters, MasTec's revenue has decreased by 26.9%. This gives us visibility for continued growth in 2019 and beyond. Fiscal year is January-December. With our high-visibility revenue base and extensive project experience, MasTec has continued to generate strong financial performance, even through the recent economic decline. As our financial performance accelerates, our customers continue to rely on MasTec's financial strength and management discipline to get their projects done on time and on budget. Adjusted net income, adjusted diluted earnings per share and adjusted EBITDA, which are all non-GAAP measures, exclude certain items which are detailed and reconciled to the most comparable GAAP-reported measures in the attached Supplemental Disclosures and Reconciliation of Non-GAAP Disclosures.Mr.
MasTec is forecasting full year 2018 revenue to be approximately $6.75 billion, a record level. - 2018 Guidance Represents Record Revenue of $6.75 Billion with Increased Adjusted Net Income, Adjusted Diluted Earnings per Share and Adjusted EBITDA- Record Backlog of $7.1 Billion, with Record Segment Level Backlog in Oil & Gas, Communications and Power Generation & Industrial- Record Annual 2017 GAAP Net Income and Diluted Earnings per ShareAdjusted net income, adjusted diluted earnings per share, adjusted EBITDA, which are all non-GAAP measures, exclude certain items which are detailed and reconciled to the most comparable GAAP-reported measures in the attached Supplemental Disclosures and Reconciliation of Non-GAAP Disclosures.Mr.