HighGravityDataMasTec — Feb 27, 2025 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001193125-25-040255
Showing in the filing
Adjusted net income (loss) attributable to MasTec, Inc.
“$27”
Period
Q1 FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 23
Revenue for FY2025
“$13.45 billion”
Diluted earnings per share for FY2025
“$3.75 to $4.24”
Adjusted diluted earnings per share for FY2025
“$5.35 to $5.84”
GAAP net income for FY2025
“$327 to $366 million”
Adjusted EBITDA for FY2025
“$1.10 to $1.15 billion”
Adjusted EBITDA margin (% of revenue) for FY2025
“8.2 – 8.5%”
Revenue for Q1 FY2025
“approximately $2.7 billion”
GAAP net loss for Q1 FY2025
“$1 million”
GAAP diluted loss per share for Q1 FY2025
“$0.05”
Adjusted EBITDA for Q1 FY2025
“$160 million”
Adjusted EBITDA margin (% of revenue) for Q1 FY2025
“5.9% of revenue”
Net income (loss), % of revenue for FY2025
“2.4 – 2.7%”
EBITDA for FY2025
“$1,066 – 1,115”
EBITDA, % of revenue for FY2025
“7.9 – 8.3%”
Adjusted EBITDA for FY2025
“$1,100 –1,150”
Adjusted net income for FY2025
“$454 – 493”
Adjusted net income attributable to MasTec, … for FY2025
“$424 – 463”
Net loss, % of revenue for Q1 FY2025
“(0.0)%”
EBITDA for Q1 FY2025
“$152”
EBITDA, % of revenue for Q1 FY2025
“5.6%”
Adjusted net income (loss) for Q1 FY2025
“$30”
Adjusted net income (loss) attributable to M… for Q1 FY2025
“$27”
Adjusted diluted earnings per share for Q1 FY2025
“$0.34”
Exhibit 99.1 · the passage around this item
… earlier in the release
For the Three Months Ended March 31, 2024
Net loss
$
(1
)
$
(34.5
)
Adjustments:
Non-cash stock-based compensation expense
8
9.7
Amortization of intangible assets
33
33.7
Changes in fair value of acquisition-related contingent items
(0
)
(4.6
)
Total adjustments, pre-tax
$
40
$
38.8
Income tax effect of adjustments (a)
(9
)
(11.1
)
Adjusted net income (loss)
$
30
$
(6.7
)
Net income attributable to non-controlling
interests
2
6.7
Adjusted net income (loss) attributable to MasTec, Inc.
$
27
$
(13.4
)
Adjusted Diluted Earnings (Loss) per Share Reconciliation
Guidance for the Three Months Ended March 31, 2025 Est.
For the Three Months Ended March 31, 2024
Diluted loss per share
$
(0.05
)
$
(0.53
)
Adjustments:
Non-cash stock-based compensation expense
0.10
0.12
Amortization of intangible assets
0.41
0.43
Changes in fair value of acquisition-related contingent items
(0.00
)
(0.06
)
Total adjustments, pre-tax
$
0.51
$
0.50
Income tax effect of adjustments (a)
(0.12
)
(0.14
)
Adjusted diluted earnings (loss) per share
$
0.34
$
(0.17
)
(a)
Represents the tax effects of the adjusted items that are subject to tax, including the tax effects of non-cash stock-based compensation expense, including from share-base
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.