Dycom Q3 2025 Earnings Report
Key Takeaways
Dycom Industries reported a 12.0% increase in contract revenues to $1.272 billion for the third quarter ended October 26, 2024. Non-GAAP Adjusted EBITDA increased to $170.7 million, or 13.4% of contract revenues. GAAP net income was $69.8 million, or $2.37 per diluted share.
Contract revenues increased 12.0% to $1.272 billion.
Non-GAAP Adjusted EBITDA increased to $170.7 million, representing 13.4% of contract revenues.
Non-GAAP Adjusted Net Income increased to $79.2 million, or $2.68 per diluted share.
GAAP net income was $69.8 million, or $2.37 per common share diluted.
Dycom
Dycom
Forward Guidance
The Company expects total contract revenues to increase mid- to high single digit as a percentage of contract revenues for the quarter ending January 25, 2025. Non-GAAP Adjusted EBITDA as a percentage of contract revenues for the quarter ending January 25, 2025 is expected to increase approximately 25 basis points, compared to 9.8% in the quarter ended January 27, 2024.