Quanta Services

HOUSTON – October 29, 2026 -- Quanta Services (NYSE: PWR) reported record third-quarter revenue of $12.01 billion, up from $7.63 billion a year earlier, and raised its full-year 2026 outlook across all metrics.

Earnings per share nearly double year over year

Net income attributable to common stock rose to $694.9 million, or $4.55 per diluted share, from $339.4 million, or $2.24 per share, in the third quarter of 2025. Adjusted diluted EPS reached $6.06 against $3.33 a year earlier. Adjusted EBITDA came in at $1.4 billion.

Cash flow from operations was $1.5 billion and free cash flow was $1.2 billion. Quanta flagged revenue, EBITDA, EPS and cash flow as record quarterly or record third-quarter results.

Seoul – September 10, 2026 -- Hyosung Heavy Industries has developed the world's first 22.9kV, 1.05MVA-class Solid State Transformer (SST) capable of direct connection to urban distribution networks, giving the South Korean manufacturer an early lead in a market projected to grow more than 40% annually.

AI-driven power demand pushes Hyosung to scale U.S. production

The company has invested USD 300 million to acquire and expand an ultra-high-voltage transformer manufacturing facility in Memphis, Tennessee, which will become one of the largest such production bases in the United States once expansion completes.