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HOUSTON, Nov. 4 /PRNewswire-FirstCall/ -- Quanta Services, Inc. today announced results for the t... Quanta Services Reports Th

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Revenues in the third quarter of 2005 were $523.3 million, compared to revenues of $463.1 million in the third quarter of 2004. For the third quarter of 2005, net income was $12.9 million, or earnings per diluted share of $0.11, compared to net income of $4.2 million, or earnings per diluted share of $0.04 in last year's third quarter.

Revenues for the first nine months of 2005 were $1.34 billion, compared to $1.21 billion for the first nine months of 2004. For the first nine months of 2005, the company reported net income of $11.1 million, or earnings per diluted share of $0.10, compared to a net loss of $11.0 million, or a loss per diluted share of $0.10 in the first nine months of last year.

"Our third quarter results show improved spending in the industries we serve and reflect significant infrastructure restoration work performed after major hurricanes struck the Gulf Coast Region," said John R. Colson, chairman and chief executive officer of Quanta Services. "Excluding storm-related revenues in the third quarters of 2004 and 2005, revenues increased by 14 percent in the third quarter of 2005. Backlog increased 19 percent over the same period."

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