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Quanta Services, Inc.
11/4/2021
Hello, and welcome to the Qantas Services third quarter 2021 earnings call and webcast. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It's now my pleasure to turn the call over to Kip Rupp, Investor Relations for Qantas Services. Please go ahead.
Thank you and welcome everyone to the Qantas Services third quarter 2021 earnings conference call. This morning we issued a press release announcing our third quarter results, which can be found in the investor relations section of our website at QantasServices.com, along with a summary of our 2021 outlook and commentary we will discuss this morning. Additionally, we will use a slide presentation this morning to accompany our prepared remarks, which is viewable through the call's webcast and is also available on the investor relations section of the Qantas Services website. Please remember that information reported on this call speaks only as of today, November 4th, 2021, and therefore you are advised that any time-sensitive information may no longer be accurate as of any replay of this call. This call will include forward-looking statements intended to qualify under the Safe Harbor from Liability established by the Private Securities Litigation Reform Act of 1995. These include all statements reflecting Quanah's expectations, intentions, assumptions, or beliefs about future events or performance, that do not solely relate to historical or current facts. Forward-looking statements involve certain risks, uncertainties, and assumptions that are difficult to predict or beyond quantum control, and actual results may differ materially from those expressed or implied. For additional information concerning some of these risks, uncertainties, and assumptions, please refer to the cautionary language included in today's press release, along with the company's periodic reports and other documents filed with the Securities and Exchange Commission which are available on KWANA's or the SEC's website. You should not place undue reliance on forward-looking statements, and KWANA does not undertake any obligation to update such statements and disclaims any written or oral statements made by any third party regarding the subject matter of this call. Please also note that we will present certain historical and forecasted non-GAAP financial measures in today's call, including adjusted diluted EPS, backlog, EBITDA, and free cash flow. Reconciliations of these measures to their most directly comparable GAAP financial measures are included in our earnings release. Lastly, if you would like to be notified when Quanta publishes news releases and other information, please sign up for email alerts through the investor relations section of quantaservices.com. We also encourage investors and others interested in our company to follow Quanta IR and Quanta Services on the social media channels listed on our website. With that, I would like to now turn the call over to Mr. Duke Austin, Qantas President and CEO. Duke?
Thanks, Kip. Good morning, everyone, and welcome to the Qantas Services Third Quarter 2021 Earnings Conference Call. On the call today, I will provide operational and strategic commentary and will then turn it over to Derek Jensen, Qantas Chief Financial Officer, who will provide a review of our third quarter results and full year 2021 financial expectations. Following Derek's comments, We welcome your questions. This morning, we reported solid third quarter results, which included a number of record financial metrics, including revenues, adjusted EBITDA, and earnings per share. Additionally, total backlog of $17 billion at the end of the quarter was also a record, which we believe reflects the benefits of our collaborative approach with the customers
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