Dycom Industries, Inc. Announces Fiscal 2019 Second Quarter Results and Affirms Updated Guidance for Fiscal 2019 and Fiscal 2019 Third Quarter

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Dycom Industries (DY) Approves New $150 Million Stock Repurchase Program

August 29, 2018 7:48 AM EDT

Dycom Industries, Inc. (NYSE: DY) announced that its Board of Directors has authorized a new $150 million program to repurchase shares of Dycom's outstanding common stock. Repurchases under the new program are authorized to be made over the next eighteen (18) months in open market or... More

Dycom Industries (DY) Misses Q2 EPS by 3c, Slight Beat on Revenues; Offers FY19 EPS Outlook Below Consensus, FY19 Revenue Mid-Point Guidance Below Consensus

August 29, 2018 6:02 AM EDT

Dycom Industries (NYSE: DY) reported Q2 EPS of $1.05, $0.03 worse than the analyst estimate of $1.08. Revenue for the quarter came in at $799.5 million versus the consensus estimate of $799.45 million.

Contract revenues of $799.5 million for the quarter ended July 28, 2018, compared to $780.2 million for the quarter ended July 29, 2017. Contract revenues for... More