Dycom Industries, Inc. Announces Fiscal 2022 First Quarter Results
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Dycom Industries (DY) Misses Q1 EPS by 10c, Revenues Miss
May 25, 2021 6:02 AM EDTDycom Industries (NYSE: DY) reported Q1 EPS of ($0.04), $0.10 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $726.1 million versus the consensus estimate of $752.53 million.
First Quarter Fiscal 2022 Highlights
Contract revenues of $727.5 million for the quarter ended May 1, 2021, compared to $814.3 million for the quarter ended April 25, 2020. Contract revenues decreased 11.1% on an organic basis after excluding $3.9 million in contract revenues from storm restoration services for the quarter ended May 1, 2021.Non-GAAP Adjusted EBITDA of $44.1 million, or 6.1% of... More