earnings
confidence high
sentiment positive
materiality 0.80
Dycom Q3 fiscal 2023 revenue $1.042B (+22.1%), EPS $1.80 vs $0.94 YoY
DYCOM INDUSTRIES INC
2023-Q3 EPS reported
$3.91
revenue$2,890,996,000
- Contract revenues $1.042B, up 22.1% YoY; non-GAAP Adjusted EBITDA $114.6M (11.0% of revenue).
- Net income $54.0M ($1.80 diluted EPS) vs $28.7M ($0.94) in prior year; tax benefits added $0.11.
- Q4 fiscal 2023 guidance: contract revenues expected mid- to high-single digit % growth YoY; modestly higher EBITDA margin.
- Year-to-date bought 304,030 shares for $28.5M at avg $93.85/share.
- Nine-month contract revenues $2.891B (+22.2% organic); net income $117.4M ($3.91 diluted EPS).