Welcome to our dedicated page for Dycom Inds news (Ticker: DY), a resource for investors and traders seeking the latest updates and insights on Dycom Inds stock.
Dycom Industries, Inc. reports developments tied to its specialty contracting services for telecommunications, digital infrastructure and utility customers in the United States. Its Communications segment covers program management, planning, engineering and design, aerial, underground and wireless construction, maintenance, and fulfillment services for telecommunications and digital infrastructure providers.
Dycom news also covers operating results, fiscal outlooks, contract revenue trends, investor conference participation, executive and board appointments, and workforce training initiatives. The company’s Building Systems segment provides electrical, energy management, security and fire safety systems for data centers and other critical facilities, including the acquired Power Solutions business following the completed transaction.
Dycom Industries (NYSE: DY) reported its fiscal 2025 Q1 results with contract revenues of $1.142 billion, a 9.3% increase from the previous year. Organic revenues rose 2.5%. Non-GAAP Adjusted EBITDA grew to $130.9 million, or 11.5% of revenues. Net income was $62.6 million, or $2.12 per share, up from $51.5 million, or $1.73 per share, in the prior year. The company repurchased 210,000 shares for $29.8 million. For Q2, DY expects organic revenue growth in high-single digits and $70 million from acquired businesses, with EBITDA margins improving by 25 to 75 basis points.
Dycom Industries, Inc. will host a conference call to discuss fiscal 2025 first quarter results on May 22, 2024. Interested parties can join the Q&A session by registering online. A live webcast will be available for all other attendees, with a replay option on the Company's Investor Center website.
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