MasTec, Inc. (NYSE:MTZ) Q3 2023 Earnings Call Transcript

Jose Mas: Yes. And that’s the issue, right? It’s – I mean the amount of work that is being presented, right, or people ask us to bid on is more than we could ever do. So the challenge isn’t providing pricing to everybody, the challenge is making sure that you’re down selecting from that list to a list that you think is really doable. I want to reiterate this because we tried to say it in different ways, the market is incredibly healthy. There is an enormous amount of pent-up demand in the marketplace relative to projects. You can meet dozens and dozens of customers that have massive portfolios of build plants. The question is how many of those will go forward and when. And I think they will all go forward, quite frankly, or most of them will go forward, but the question is when, and that’s what we’re really spending a lot of time. So we’re not in the same position that we were in 2023.

Adam Thalhimer: Okay. Great, good luck for Q4.

Jose Mas: Thanks, Adam.

Operator: It appears there are no further questions at this time. I would like to turn the call back over to Jose Mas for any additional or closing remarks.

Jose Mas: Yes. So I just want to take this opportunity to thank everybody again. Thank you for changing your schedules, and we look forward to updating you on our fourth quarter call. Thank you.

Operator: This concludes today’s call. Thank you for your participation. You may now disconnect.