Dycom Industries, Inc. (NYSE:DY) reported fourth-quarter results on Wednesday and outlined its outlook for fiscal 2027.
Earnings Details
Contract revenues were up 34.4% year over year (Y/Y) to $1.46 billion, beating the analyst estimates of $1.35 billion. Organic revenue grew 16.6% Y/Y in the quarter.
Adjusted EBITDA rose 39.6% Y/Y to $162.4 million, or 11.1% of contract revenues.
Adjusted EPS of $2.03 beat analyst estimates of $1.73.
Operating cash flow for the quarter was $419.0 million. The company ended the quarter with a backlog of $9.5 billion and cash and equivalents of $709.2 million.
Power Solutions Acquisition
The company completed the acquisition of Power Solutions in the fourth quarter of fiscal 2026. The firm provides electrical infrastructure for data centers and critical facilities in the Washington D.C., Maryland, and Virginia region—home to the world’s …