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QUANTA SERVICES FOR IMMEDIATE RELEASE 21-12 Contacts : Derrick Jensen , CFO Kip Rupp , CFA , IRC - Investors Quanta Services , Inc. 713-629-7600 Media - Liz James Sard Verbinnen & Co ( 281 ) 881-5170 PRESS RELEASE QUANTA SERVICES REPORTS SECOND QUARTER 2021 RESULTS Record Second Quarter Consolidated Revenues of $ 3.0 Billion Record Second Quarter GAAP and Adjusted Diluted EPS of $ 0.81 and $ 1.06 Remaining Performance Obligations of $ 4.4 Billion and Record Total Backlog of $ 17.0 Billion Raises Full - Year 2021 Financial Outlook LUMA Energy Joint Venture Commenced Operation and Maintenance of Puerto Rico's Electric Power and Distribution System HOUSTON - August 5 , 2021 - Quanta Services , Inc. ( NYSE : PWR ) today announced results for the three months ended June 30 , 2021. Revenues in the second quarter of 2021 were $ 3.00 billion compared to revenues of $ 2.51 billion in the second quarter of 2020 , and net income attributable to common stock was $ 117.0 million , or $ 0.81 per diluted share , in the second quarter of 2021 compared to net income attributable to common stock of $ 73.9 million , or $ 0.52 per diluted share , in the second quarter of 2020. Adjusted diluted earnings per share attributable to common stock ( a non - GAAP measure ) was $ 1.06 for the second quarter of 2021 compared to $ 0.74 for the second quarter of 2020 . " Quanta generated record second quarter revenues , net income , adjusted EBITDA and earnings per share , led by the solid performance and safe execution from our Electric Power Infrastructure Solutions segment . Backlog of $ 17.0 billion at the end of the quarter set another record , reflecting our collaborative approach with customers and the growth of programmatic spending with existing and new customers , " said Duke Austin , President and Chief Executive Officer of Quanta Services . " Our customers ' multi - year programs to modernize and harden utility infrastructure , along with their efforts to achieve carbon neutrality through increased renewable generation investment and electrification trends such as electric vehicles ( EV ) , continue to drive demand for our services and present incremental growth opportunities . These opportunities include large , multi - year master services agreements , larger high - voltage electric transmission projects and large - scale EV infrastructure program engagements . These dynamics , coupled with active broadband and 5G network deployments and the opportunity for recovery of -MORE