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Shares of Dycom Industries (NYSE:DY) decreased 1.5% in pre-market trading after the company reported Q2 results.
Quarterly Results
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Earnings per share rose 8.26% over the past year to $1.18, which beat the estimate of $0.68.
Revenue of $823,921,000 declined by 6.82% year over year, which missed the estimate of $851,570,000.
Guidance
Dycom Industries hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
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Date: Aug 26, 2020
Time: 09:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/kv86y4kh
Price Action
52-week high: $55.00
Company's 52-week low was at $12.24
Price action over last quarter: Up 31.10%
Company Description
Dycom Industries Inc provides contracting services in the United States and Canada. It offers program management, engineering, construction, maintenance, and installation services for telecommunications providers and utilities. Engineering services include the design of aerial, underground, and buried telecommunications systems that extend from telephone companies to end-users' homes or businesses. Dycom Industries utilizes copper, coaxial cables, and other materials, and constructs trenches and structures to place the cables or improve distribution lines to consumers. In addition, the company provides tower construction, antenna installation, and other equipment for wireless carriers and television system operators. The majority of sales derive from the United States.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.