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Dycom Industries, Inc. - DY STOCK NEWS

Welcome to our dedicated news page for Dycom Industries (Ticker: DY), a resource for investors and traders seeking the latest updates and insights on Dycom Industries.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Dycom Industries's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Dycom Industries's position in the market.

Rhea-AI Summary
Dycom Industries, Inc. reports Q2 contract revenues of $1.042 billion, up 7.1% YoY. Non-GAAP Adjusted EBITDA is $130.8 million, representing 12.6% of contract revenues. Net income is $60.2 million, or $2.03 per share diluted. YTD contract revenues increase by 12.9% to $2.087 billion. Non-GAAP Adjusted EBITDA is $244.3 million, or 11.7% of contract revenues. Net income is $111.8 million, or $3.76 per share diluted. Company expects organic contract revenues for Q3 2023 to be in line with Q3 2022. Non-GAAP Adjusted EBITDA as a percentage of contract revenues for Q3 2023 expected to increase 50 to 100 basis points compared to Q3 2022.
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3.94%
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Rhea-AI Summary
Dycom Industries, Inc. will host a conference call to discuss fiscal 2024 second quarter results on August 23, 2023. Interested parties can participate in the call by registering at the provided link. A replay of the webcast will be available on the company's Investor Center website.
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Dycom Industries, Inc.

NYSE:DY

DY Rankings

DY Stock Data

4.01B
24.85M
3.65%
98.97%
5.42%
Water and Sewer Line and Related Structures Construction
Construction
Link
US
Palm Beach Gardens

About DY

dycom (nyse: dy) supplies the single most critical resource telecom service providers need: skilled people. we serve the nation from more than 500 field offices and are unparalleled in scope and scale. our talented workforce of over 12,000 employees provides a wide array of specialty services including engineering, construction, fulfillment, underground facility locating and program management.