Dycom Industries gains on Q2 results beat

Dycom Industries

23/08/2023 15:12

** Shares of construction and engineering company Dycom
Industries  DY.N  up 3.2% at $101.54
    ** Co reports Q2 profit of $2.03 per share, above analysts'
ests of profit of $1.66 per share - Refinitiv 
    ** Posts Q2 contract revenue of $1.04 bln, up 7.1% from a
year earlier; beats analysts ests of $1.03 bln
    ** Co expects about $30 mln of acquired contract revenue for
the quarter ending October 28
    ** Including session gains, DY stock up 7.2% YTD
    

 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.chaudhary@thomsonreuters.com))