Dycom Delivers Record Q4 & Annual Results, Exceeds Outlook, Boosts FY27 Guidance, and Expands into Data Centers
Summary
Dycom Industries announced record fourth quarter and full fiscal year 2026 results, significantly exceeding its revenue outlook. The company reported Q4 contract revenues of $1.458 billion, up 34.4% year-over-year, and annual contract revenues of $5.546 billion, up 17.9%. Adjusted diluted EPS for Q4 was $2.03 and for the full year was $11.97, both showing strong growth. Additionally, Dycom provided a positive fiscal 2027 outlook, projecting continued organic contract revenue growth and Adjusted EBITDA margin expansion. The company also highlighted the completion of its strategic acquisition of Power Solutions, accelerating its entry into the high-growth data center market. This strong operational performance, coupled with a strategic expansion into a key growth area, positions Dycom favorably and is highly material for investors.
At the time of this announcement, DY was trading at $415.00 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $11.7B. The 52-week trading range was $131.37 to $445.53. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: GlobeNewswire.