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Q2 2024 Highlights Record net revenue of $1.5 billion, an increase of 16.8% over Q2 2023 Adjusted EBITDA1 increase of 14.5% to $247.3 million and adjusted EBITDA margin1 of 16.6% Adjusted diluted EPS1 of $1.12, up 13.1% over Q2 2023 Backlog of $7.2 billion, up 13.4% since December 31, 2023 EDMONTON, Alberta and NEW YORK, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Stantec (TSX, NYSE:STN), a global leader in sustainable design and engineering, today reported its results for the three months ended June 30, 2024. Stantec delivered strong second quarter earnings driven by its diversified business model and solid project execution.
Toronto, Ontario--(Newsfile Corp. - August 7, 2024) - Gord Johnston, President and CEO, Stantec (TSX: STN) ("Stantec" or the "Company") along with its Board of Directors and executive team joined Rob Peterman, Chief Commercial Officer, Toronto Stock Exchange to celebrate the company's 30th anniversary of being listed on TSX and open the market. Cannot view this video?
EDMONTON, Alberta and NEW YORK, July 02, 2024 (GLOBE NEWSWIRE) -- TSX, NYSE:STN Stantec, a global leader in sustainable design and engineering, announced today that Vito Culmone will join the Company in mid-July 2024 as its next executive vice president and chief financial officer. He will officially assume the CFO role on September 3, 2024.
NextSource Materials Inc. (TSX:NEXT, OTCQB:NSRCF) has provided investors with an update on its global anode expansion strategy, including positive results of a technical and economic study for a proposed battery anode facility in the Kingdom of Saudi Arabia. The company partnered with engineering service provider Stantec (TSX:STN) who has completed a conceptual design and an AACE Class 5 evaluation to develop battery anode facilities (BAFs) at selected sites in the Kingdom of Saudi Arabia.
The acclaimed water reuse program aims to secure a locally controlled water supply while reducing ocean discharges The acclaimed water reuse program aims to secure a locally controlled water supply while reducing ocean discharges
Stantec has seen record revenues in Q1 2024, with acquisitions increasing headcount by over 2,700 skilled workers. The company's order book backlog is at a record high of $7 billion, with expectations for 7% organic growth over the next three years. Stantec's competitive position in the market remains strong, but the rate of growth may not justify an investment at this time.
Stantec Inc. (NYSE:STN ) Q1 2024 Earnings Conference Call May 9, 2024 9:00 AM ET Company Participants Gord Johnston - President & CEO Theresa Jang - EVP & CFO Conference Call Participants Benoit Poirier - Desjardins Devin Dodge - BMO Capital Markets Rahul Malhotra - CIBC Capital Markets Michael Doumet - Scotiabank Chris Murray - ATB Capital Markets Maxim Sytchev - NBF Frederic Bastien - Raymond James Ian Gillies - Stifel Sabahat Khan - RBC Capital Markets Operator Good day, ladies and gentlemen, and welcome to Stantec's First Quarter 2024 Results Webcast and Conference Call. Leading the call today are Gord Johnston, President and Chief Executive Officer; and Theresa Jang, Executive Vice President and Chief Financial Officer.
EDMONTON, Alberta, April 17, 2024 (GLOBE NEWSWIRE) -- Stantec, a global leader in sustainable design and engineering, will release its first quarter 2024 financial results after markets close on Wednesday, May 8, 2024. On Thursday, May 9, 2024, at 7:00 AM Mountain Time (9:00 AM Eastern Time), Gord Johnston, president and chief executive officer, and Theresa Jang, executive vice president and chief financial officer, will hold a webcast and conference call to discuss the Company's performance.
Stantec (STN) came out with quarterly earnings of $0.60 per share, missing the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.60 per share a year ago.
EDMONTON, Alberta, Feb. 07, 2024 (GLOBE NEWSWIRE) -- TSX,NYSE: STN Stantec, a global leader in sustainable design and engineering, will release its fourth quarter and full-year 2023 financial results after markets close on Wednesday, February 28, 2024. On Thursday, February 29, 2024, at 7:00 AM Mountain Time (9:00 AM Eastern Time), Gord Johnston, president and chief executive officer, and Theresa Jang, executive vice president and chief financial officer, will hold a webcast and conference call to discuss the Company's performance.