Dycom Industries jumps to record high on Q1 profit beat, higher revenue forecast

Dycom Industries

21/05/2025 16:14

Updates shares

 ** Telecommunications contractor Dycom Industries' shares DY.N soar 17.4% to all-time-high of $227.23
** DY reports Q1 adj. EPS of $2.09 vs. analyst est. of $1.66- LSEG data
** Co also lifts its FY26 contract revenue growth forecast to 12.5%-15.4% from 10%-13% earlier
** Including session's gains, stock has risen 30.4% YTD

(Reporting by Ragini Mathur in Bengaluru)

((Ragini.Mathur@thomsonreuters.com;))