Dycom Beats On Q2 With Strong Demand For Infrastructure Services, Discloses Value-Accretive Buyout
Financial Performance: Dycom Industries reported a 15.5% year-over-year increase in contract revenue to $1.203 billion for Q2 FY25, with adjusted EBITDA rising to $158.3 million and adjusted EPS of $2.46 exceeding expectations.
Acquisition and Outlook: The company acquired Black & Veatch’s wireless telecom infrastructure business, expected to generate $250-$275 million in revenues for fiscal 2026, while anticipating a mid- to high single-digit percentage increase in total contract revenues for Q3.
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Financial Performance: Dycom Industries reported a 15.5% year-over-year increase in contract revenue to $1.203 billion for Q2 FY25, with adjusted EBITDA rising to $158.3 million and adjusted EPS of $2.46 exceeding expectations.
Acquisition and Outlook: The company acquired Black & Veatch’s wireless telecom infrastructure business, expected to generate $250-$275 million in revenues for fiscal 2026, while anticipating a mid- to high single-digit percentage increase in total contract revenues for Q3.

