secwatch.observer — SEC 8-K summary
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Issuer:     DYCOM INDUSTRIES INC (DY)
CIK:        0000067215
Form:       8-K
Filed at:   2023-11-21T23:59:59+00:00
Accession:  0000067215-23-000058
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dycom Q3 FY2024 revenue $1.136B, EPS $2.82, up from $1.80 YoY; guides EBITDA margin up
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- Contract revenues of $1.136B, organic growth 4.6% YoY after excluding $45.2M from acquired business.
- GAAP net income $83.7M ($2.82 diluted EPS) vs $54.0M ($1.80) in prior year quarter.
- Non-GAAP Adjusted EBITDA $166.8M, or 14.7% of revenue, up from 11.0% a year ago.
- Change orders and project closeouts added $23.6M to gross margin and $0.59 to diluted EPS.
- Q4 guidance: organic revenue in line with prior year; EBITDA margin up 75-125 bps.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/67215/000006721523000058/0000067215-23-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/67215/000006721523000058/dy-20231121.htm
  HTML page:      https://secwatch.observer/filing/0000067215-23-000058

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