Dycom Industries, Inc. Announces Fiscal 2020 Fourth Quarter And Annual Results And Provides Guidance For The Next Fiscal Quarter
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Dycom Industries (DY) Tops Q4 EPS by 13c, Revenues Beat; Offers Q1 EPS/Revenue Guidance Below Consensus
February 26, 2020 6:12 AM ESTDycom Industries (NYSE: DY) reported Q4 EPS of $0.10, $0.13 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $737.6 million versus the consensus estimate of $726.58 million.
Fourth Quarter Fiscal 2020 Highlights
Contract revenues of $737.6 million for the quarter ended January 25, 2020, compared to $748.6 million for the quarter ended January 26, 2019. Contract revenues for the quarter ended January 25, 2020 increased 1.3% on an organic basis after excluding $20.4 million in contract revenues from storm restoration services for the quarter ended January 26, 2019.
Non-GAAP Adjusted EBITDA of $44.5 million, or 6.0% of contract revenues, for the quarter ended January 25, 2020, compared to $59.8... More
