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Quanta Service Says Profit Flat; Shares Fall
Utilities contractor Quanta Services(PWR Quote) announced today that its first-quarter earnings remained flat, but forecast second-quarter revenue below analysts' expectations.
During the quarter, the company earned $21.49 million, or 11 cents a share, compared with $21.5 million, or 13 cents a share, in the year-ago period.
Revenue dropped to $738.5 million from $844.4 million. ...
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