Dycom Industries (DY) Misses Q4 EPS by 6c, Revenues Beat; Offers 1Q EPS Guidance Below Consensus, Provides 1Q Revenue Outlook
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Dycom Industries, Inc. Announces Fiscal 2019 Fourth Quarter And Annual Results And Provides Guidance For The Next Fiscal Quarter
February 27, 2019 6:00 AM ESTPALM BEACH GARDENS, Fla., Feb. 27, 2019 /PRNewswire/ -- Dycom Industries, Inc. (NYSE: DY) announced today its results for the fourth quarter and fiscal year ended January 26, 2019. The Company reported:
Contract revenues of $748.6 million for the quarter ended January 26, 2019, compared to $655.1 million for the quarter ended January 27, 2018. Contract revenues for the quarter ended January 26, 2019 increased 13.7% on an organic basis after excluding contract revenues of $5.9 million from an acquired business that was not owned during the comparable prior period and contract revenues from storm restoration services. Contract revenues from storm restoration services were... More