February 9, 2023
Quanta Services To Ring Closing Bell At The New York Stock Exchange
Company Celebrates 25-Year Listing Anniversary
Quanta Services, Inc. (NYSE: PWR) announced today that Duke Austin, President and Chief Executive Officer of Quanta Services, will ring The Closing Bell at the New York Stock Exchange this afternoon at 4:00 p.m. EST, marking the company’s 25th anniversary of trading on the prestigious exchange.
“Quanta was founded more than 25 years ago recognizing that our nation’s energy
infrastructure needed significant upgrade, expansion and modernization and that a national
infrastructure solutions provider like Quanta would play an essential role in supporting the
utility and energy industries to meet that need. Since its initial public offering in February
1998, Quanta has grown more than one hundred-fold and become one of North America’s
leading infrastructure solutions providers to the utility, renewable energy, communications
and energy industries,” said Duke Austin.
“We are increasingly excited and confident about the opportunity to drive multi-year revenue
and double-digit earnings per share growth by continuing to support the long-term
programmatic spend of our customers and capitalizing on the energy transition across our
portfolio of services. Quanta’s achievements have been made possible by its approximately
50,000 employees, who are the best in the business. We believe Quanta’s future is bright
and we look forward to many years of continued success.”
Members of Quanta’s management will join Mr. Austin as he rings The Closing Bell. A live
stream of The Bell can be viewed at https://www.nyse.com/bell and on various financial and
other news outlets. Connect with Quanta IR and Quanta Services through Twitter:
@QuantaIR and @Quanta_Services, Facebook: @QuantaServicsIR and on LinkedIn.
Connect with the New York Stock Exchange on Facebook, Twitter, LinkedIn, YouTube,
TikTok and Instagram @NYSE.
About Quanta Services
Quanta is an industry leader in providing specialized infrastructure solutions to the utility,
renewable energy, communications, pipeline and energy industries. Quanta’s
comprehensive services include designing, installing, repairing and maintaining energy and
communications infrastructure. With operations throughout the United States, Canada,
Australia and select other international markets, Quanta has the manpower, resources and
expertise to safely complete projects that are local, regional, national or international in
scope. For more information, visit www.quantaservices.com.
Cautionary Statement About Forward-Looking Statements and Information
This press release (and any oral statements regarding the subject matter of this press
release) contains forward-looking statements intended to qualify for the “safe harbor” from
liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking
statements include, but are not limited to, statements relating to expectations regarding
opportunities and trends in particular markets or industries, including with respect to the
transition to a reduced-carbon economy; expectations regarding Quanta’s plans, strategies
and opportunities; the business plans or financial condition of our customers, including with
respect to transition to a reduced-carbon economy; the development of and opportunities
with respect to future projects; as well as statements reflecting expectations, intentions,
assumptions or beliefs about future events and other statements that do not relate strictly to
historical or current facts. These forward-looking statements are not guarantees of future
performance; rather they involve or rely on a number of risks, uncertainties, and
assumptions that are difficult to predict or are beyond our control and reflect management’s
beliefs and assumptions based on information available at the time the statements are
made. We caution you that actual outcomes and results may differ materially from what is
expressed, implied, or forecasted by our forward-looking statements and that any or all of
our forward-looking statements may turn out to be inaccurate or incorrect. Forward-looking
statements can be affected by inaccurate assumptions and by known or unknown risks and
uncertainties including, among others, market, industry, economic, financial or political
conditions that are outside of the control of Quanta; trends and growth opportunities in
relevant markets, including our ability to obtain future project awards; and other risks and
uncertainties detailed in Quanta’s Annual Report on Form 10-K for the year ended Dec. 31,
2021, Quanta’s Quarterly Reports on Form 10-Q for the quarters ended Mar. 31, 2022, Jun.
30, 2022 and Sep. 30, 2022, and any other documents that Quanta files with the Securities
and Exchange Commission (SEC). For a discussion of these risks, uncertainties and
assumptions, investors are urged to refer to Quanta’s documents filed with the SEC that are
available through the company’s website at www.quantaservices.com or through the SEC’s
Electronic Data Gathering and Analysis Retrieval System (EDGAR) at www.sec.gov. Should
one or more of these risks materialize, or should underlying assumptions prove incorrect,
actual results may vary materially from those expressed or implied in any forward-looking
statements. Investors are cautioned not to place undue reliance on these forward-looking
statements, which are current only as of this date. Quanta does not undertake and expressly
disclaims any obligation to update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. Quanta further expressly disclaims any
written or oral statements made by any third party regarding the subject matter of this press
release.
Investors – Kip Rupp, CFA, IRC Media – Liz James
Quanta Services, Inc. FGS Global
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SOURCE Quanta Services, Inc.