Dycom Industries, Inc. Announces Fiscal 2021 First Quarter Results
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Dycom Industries (DY) Tops Q1 EPS by 40c, Revenues Beat
May 19, 2020 6:05 AM EDTDycom Industries (NYSE: DY) reported Q1 EPS of $0.36, $0.40 better than the analyst estimate of ($0.04). Revenue for the quarter came in at $814.3 million versus the consensus estimate of $746.64 million.
Contract revenues of $814.3 million for the quarter ended April 25, 2020, compared to $833.7 million for the quarter ended April 27, 2019. Contract revenues for the quarter ended April 25, 2020 decreased 1.8% on an organic basis after excluding $4.7 million in contract revenues from storm restoration services for the quarter ended April 27, 2019.Non-GAAP Adjusted EBITDA of $69.9 million, or 8.6% of contract revenues, for the quarter ended April 25, 2020, compared to $73.6 million, or 8.8% of... More