earnings
confidence high
sentiment positive
materiality 0.85
Dycom reports record Q1 revenue $1.965B, raises FY2027 outlook, acquires NTI for $275M
DYCOM INDUSTRIES INC
- Q1 contract revenues $1.965B, up 56.1% YoY (24.7% organic); adjusted diluted EPS $4.42.
- Adjusted EBITDA $262.5M (13.4% margin); total backlog $11.906B, up 46.5%.
- Acquiring National Technology Integrators for $275M; ~$175M annual revenue run-rate.
- Raised FY2027 revenue guidance to $7.38B-$7.65B; Q2 guidance: $1.94B-$2.01B.
- Communications segment revenue $1.569B, up 24.7% organic; Building Systems $395.4M.