Dycom Inds Inc Stock Price, News & Analysis

Dycom Industries reported strong fourth quarter results for the fiscal year ended January 28, 2023. Contract revenues reached $917.5 million, marking a 20.5% increase from $761.5 million in the same period last year. The company's Non-GAAP Adjusted EBITDA was $83.1 million, or 9.1% of contract revenues, up from $43.3 million or 5.7%. Net income soared to $24.8 million, translating to $0.83 per share, compared to $0.8 million or $0.03 per share a year prior. For the fiscal year, revenues totaled $3.808 billion, a 21.8% organic growth. The company also announced share buybacks totaling 514,030 shares for $48.7 million.

Dycom Industries, Inc. (NYSE: DY) has announced a conference call to discuss its fiscal 2023 fourth quarter results on March 1, 2023, at 9:00 a.m. Eastern time. A press release with the results will be issued earlier that morning. Interested participants can register for the Q&A session via a provided link to receive a dial-in number and unique PIN. For those who cannot attend, a live audio webcast will be available alongside a slide presentation. The replay and related materials will be accessible on the Company's Investor Center website for 120 days post-event.

Dycom Industries (NYSE: DY) announced its participation in several upcoming investor conferences. On November 29, 2022, at 9:20 a.m. PT, the Company will present at the 6th Annual Wells Fargo TMT Summit in Las Vegas. Following this, on November 30, it will attend the Bank of America 2022 Leveraged Finance Conference in Boca Raton, FL. Finally, on December 1, Dycom will be part of the Credit Suisse 10th Annual Global Industrials Conference in Manalapan, FL. The Company will also offer opportunities for one-on-one meetings with institutional investors.

Dycom Industries reported strong third quarter results for the period ending October 29, 2022. Contract revenues reached $1.042 billion, showing a growth of 22.1% from $854 million a year earlier. The Non-GAAP Adjusted EBITDA was $114.6 million, or 11.0% of revenues, up from $83.1 million (9.7%). Net income stood at $54 million ($1.80 per diluted share), compared to $28.7 million ($0.94 per diluted share) in the previous year. For the nine months, revenues totaled $2.891 billion, a 22.2% increase year-over-year.

Dycom Industries, Inc. (NYSE: DY) will hold a conference call on November 22, 2022, at 9:00 a.m. ET to discuss its fiscal 2023 third-quarter results. A press release with the earnings report will be issued earlier that morning. Interested participants can register online for the call, while others can access a live audio webcast and accompanying slide presentation. The replay and related materials will be available on the Company's Investor Center website for 120 days following the event. Dycom specializes in contracting services for the telecommunications and utilities sectors.

Dycom Industries, Inc. (NYSE: DY) has appointed Jason T. Lawson as Vice President and Chief Human Resources Officer, effective immediately. With over 25 years of experience in human resources and leadership roles, Lawson will drive strategy for HR programs, talent acquisition, and employee retention. Previously, he served as Vice President of Human Resources at Installed Building Products. Lawson holds a Bachelor’s degree in Human Resources and the SHRM-SCP certification. Dycom specializes in telecommunications contracting services, including construction and maintenance.

Dycom Industries, a leader in specialty contracting services, will present at the D.A. Davidson 21st Annual Diversified Industrials & Services Conference on September 22, 2022, at 3:30 p.m. CT. Their senior management will engage in a fireside chat format and will be available for one-on-one or group meetings with institutional investors. A live webcast of the event will be available on Dycom's Investor Center website, with a replay accessible for 30 days post-event. The company specializes in telecommunications and utility services across the U.S.

Dycom Industries reported strong second-quarter results for the period ending July 30, 2022. Contract revenues reached $972.3 million, representing a 23.5% increase year-over-year. Non-GAAP Adjusted EBITDA was $104.7 million, or 10.8% of revenues, compared to $73.8 million in the previous year. Net income was $43.9 million, equating to $1.46 per diluted share. Year-to-date revenues were $1.849 billion, with a notable organic growth of 22.3%. The company shares a positive outlook, anticipating revenue growth in the low- to mid-teens percentage range for the upcoming quarter.

Dycom Industries, Inc. (NYSE: DY) announced a conference call scheduled for August 24, 2022, at 9:00 a.m. Eastern time to discuss its fiscal 2023 second quarter results. A press release with the results will be issued earlier that morning. Interested participants can register for the call to engage in a question and answer session. A live audio webcast of the call will also be available, including a slide presentation. The related materials will be accessible on the Company's Investor Center website for 120 days post-event.