secwatch.observer — SEC 8-K summary
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Issuer:     DYCOM INDUSTRIES INC (DY)
CIK:        0000067215
Form:       8-K
Filed at:   2023-05-24T23:59:59+00:00
Accession:  0000067215-23-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dycom Q1 revenue $1.045B (+19.3%), net income $51.5M ($1.73 EPS)
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- Contract revenues of $1.045 billion, up 19.3% from $876.3M a year ago.
- Non-GAAP Adjusted EBITDA of $113.5M (10.9% of revenue) vs $63.7M (7.3%) prior year.
- Net income of $51.5M ($1.73 diluted EPS) compared to $19.5M ($0.65) in year-ago period.
- Repurchased 225,000 shares for $20.3M at an average price of $90.21 during the quarter.
- Q2 outlook: revenue expected mid-single-digit YoY increase; Adj. EBITDA margin +50-100 bps.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/67215/000006721523000026/0000067215-23-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/67215/000006721523000026/dy-20230524.htm
  HTML page:      https://secwatch.observer/filing/0000067215-23-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer