Dycom Industries (DY) Reports New $100M Share Buyback Authorization
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Dycom Industries (DY) Tops Q2 EPS by 50c, Revenues Miss
August 26, 2020 6:02 AM EDTDycom Industries (NYSE: DY) reported Q2 EPS of $1.18, $0.50 better than the analyst estimate of $0.68. Revenue for the quarter came in at $823.9 million versus the consensus estimate of $851.57 million.
Second Quarter Fiscal 2021 Highlights
Contract revenues of $823.9 million for the quarter ended July 25, 2020, compared to $884.2 million for the quarter ended July 27, 2019, a decrease of 6.8% on an organic basis.Non-GAAP Adjusted EBITDA of $102.7 million, or 12.5% of contract revenues, for the quarter ended July 25, 2020, compared to $89.2 million, or 10.2% of contract revenues, for the quarter ended July 27, 2019. Non-GAAP Adjusted EBITDA for the quarter ended July 27, 2019 excludes... More