DY

Dycom Industries, Inc. to Participate in Upcoming Investor Conferences

Retrieved on: 
Wednesday, February 28, 2024
PALM, BCG, Specialty, Conference, Webcast, DY, Virtual, BEACH, Management

ET.

Key Points: 
  • ET.
  • Additionally, senior management will participate in one-on-one and group meetings with investors.
  • Wednesday, March 6, 2024 – UBS Global Banking Services Conference, New York, NY
    Steve Nielsen, President and Chief Executive Officer, will participate in a panel at 12:15 p.m.
  • All fireside chat presentations referenced above will be live audio webcasted and accessible from the Events and Presentations section of Dycom’s Investor Center website at https://dycomind.com/investors.

Dycom Industries, Inc. Announces Fiscal 2024 Fourth Quarter and Annual Results

Retrieved on: 
Wednesday, February 28, 2024
PALM, Regulation, PIN, Interest, Table, GAAP, Comparable, DY, Security (finance), Video game

PALM BEACH GARDENS, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) announced today its results for the fourth quarter ended January 27, 2024. Contract revenues increased 3.8% to $952.5 million for the quarter ended January 27, 2024, compared to $917.5 million in the year ago quarter. Contract revenues decreased 2.5% on an organic basis after excluding $57.5 million of contract revenues from an acquired business that was not owned during the year ago quarter.

Key Points: 
  • Contract revenues increased 3.8% to $952.5 million for the quarter ended January 27, 2024, compared to $917.5 million in the year ago quarter.
  • Non-GAAP Adjusted EBITDA increased to $93.7 million, or 9.8% of contract revenues, for the quarter ended January 27, 2024, compared to $83.1 million, or 9.1% of contract revenues, in the year ago quarter.
  • Net income was $23.4 million, or $0.79 per common share diluted, for the quarter ended January 27, 2024, compared to $24.8 million, or $0.83 per common share diluted, in the year ago quarter.
  • The Company will host a conference call to discuss fiscal 2024 fourth quarter results on Wednesday, February 28, 2024 at 9:00 a.m. Eastern time.

Dycom Industries, Inc. to Host Fiscal 2024 Fourth Quarter Results Conference Call

Retrieved on: 
Friday, February 16, 2024
Interest, DY, PALM, BEACH, PIN

PALM BEACH GARDENS, Fla., Feb. 16, 2024 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) will host a conference call to discuss fiscal 2024 fourth quarter results on Wednesday, February 28, 2024, at 9:00 a.m. Eastern time.

Key Points: 
  • PALM BEACH GARDENS, Fla., Feb. 16, 2024 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) will host a conference call to discuss fiscal 2024 fourth quarter results on Wednesday, February 28, 2024, at 9:00 a.m. Eastern time.
  • Dycom will issue a press release reporting its results earlier that morning.
  • Interested parties may participate in the question and answer session of the conference call by registering at https://register.vevent.com/register/BI04716039406d48de96d1eaa577c7a3ee .
  • For all other attendees, a live listen-only audio webcast of the call, including an accompanying slide presentation, can be accessed directly at https://edge.media-server.com/mmc/p/7zpg8iau .

Dycom Industries, Inc. to Participate In Upcoming Investor Conferences

Retrieved on: 
Tuesday, November 21, 2023
Conference, PALM, BEACH, Wells Fargo, Competition, Webcast, DY, Beauty salon

Additionally, Steve Nielsen, President and Chief Executive Officer, will present in a fireside chat format at 9:30 a.m. PT / 12:30 p.m.

Key Points: 
  • Additionally, Steve Nielsen, President and Chief Executive Officer, will present in a fireside chat format at 9:30 a.m. PT / 12:30 p.m.
  • The fireside chat presentation will be live audio webcasted and accessible from the Events and Presentations section of Dycom's Investor Center website at https://dycomind.com/investors.
  • Wednesday, November 29, 2023 – Bank of America 2023 Leveraged Finance Conference, Boca Raton, FL
    Senior management will participate in one-on-one and group meetings with investors.
  • Thursday, November 30, 2023 – UBS 2023 Industrials Summit, Manalapan, FL
    Senior management will participate in one-on-one and group meetings with investors.

Dycom Industries, Inc. Announces Fiscal 2024 Third Quarter Results

Retrieved on: 
Tuesday, November 21, 2023
Regulation, PALM, Table, Interest, PIN, Comparable, Adjustment, DY, GAAP, Security (finance)

PALM BEACH GARDENS, Fla., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) announced today its results for the third quarter ended October 28, 2023. Contract revenues were $1.136 billion for the quarter ended October 28, 2023, compared to $1.042 billion in the year ago quarter. Contract revenues increased 4.6% on an organic basis after excluding $45.2 million of contract revenues from an acquired business that was not owned during the year ago quarter.

Key Points: 
  • Contract revenues were $1.136 billion for the quarter ended October 28, 2023, compared to $1.042 billion in the year ago quarter.
  • Non-GAAP Adjusted EBITDA was $166.8 million, or 14.7% of contract revenues, for the quarter ended October 28, 2023, compared to $114.6 million, or 11.0% of contract revenues, in the year ago quarter.
  • The Company expects organic contract revenues for the quarter ending January 27, 2024 to be in line with contract revenues for the quarter ended January 28, 2023.
  • The Company will host a conference call to discuss fiscal 2024 third quarter results on Tuesday, November 21, 2023 at 9:00 a.m. Eastern time.

Dycom Industries, Inc. to Host Fiscal 2024 Third Quarter Results Conference Call

Retrieved on: 
Tuesday, November 14, 2023
DY, PALM, BEACH, Interest, PIN, Enigma (company), NYSE

PALM BEACH GARDENS, Fla., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) will host a conference call to discuss fiscal 2024 third quarter results on Tuesday, November 21, 2023, at 9:00 a.m. Eastern time.

Key Points: 
  • PALM BEACH GARDENS, Fla., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) will host a conference call to discuss fiscal 2024 third quarter results on Tuesday, November 21, 2023, at 9:00 a.m. Eastern time.
  • Dycom will issue a press release reporting its results earlier that morning.
  • Interested parties may participate in the question and answer session of the conference call by registering at https://register.vevent.com/register/BI989907eb1bfc4ef1a284f0f21c3ff20c .
  • For all other attendees, a live listen-only audio webcast of the call, including an accompanying slide presentation, can be accessed directly at https://edge.media-server.com/mmc/p/dvoa344q .

KBRA Releases Research – CRE CLO Refinance: Challenges Ahead for 2021-22 Vintage Loans

Retrieved on: 
Friday, October 20, 2023
Professional Services, Insurance, Commercial Building & Real Estate, Finance, Construction & Property, Banking, CRE, Environment, DY, Growth, Lisp (programming language), NCF, Bank

Further, multifamily―the predominant property type in CRE CLOs―experienced robust rent growth, which has subsequently slowed.

Key Points: 
  • Further, multifamily―the predominant property type in CRE CLOs―experienced robust rent growth, which has subsequently slowed.
  • The environment has markedly changed since then, with loans from those vintages likely to face refinancing challenges.
  • The 2021 and 2022 vintages represent a meaningful portion (81.3% by count, 81.6% by balance) of the outstanding CRE CLO universe (2,595 loans, $87.1 billion).
  • Many of the loans in these vintages have not benefited from substantial rental growth as experienced by loans in prior vintages, and did not originate at lower leverage points that now characterize many 2023 vintage loans.

Dycom Industries, Inc. to Present at the D.A. Davidson 22nd Annual Diversified Industrials & Services Conference

Retrieved on: 
Thursday, September 14, 2023
DY, Webcast, PALM, CT, BEACH, NYSE, Conference, Rare-earth element

PALM BEACH GARDENS, Fla., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) today announced that its senior management will present in a fireside chat format at the D.A.

Key Points: 
  • PALM BEACH GARDENS, Fla., Sept. 14, 2023 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) today announced that its senior management will present in a fireside chat format at the D.A.
  • Davidson 22nd Annual Diversified Industrials & Services Conference in Nashville, TN on Thursday, September 21, 2023 at 9:30 a.m. CT / 10:30 a.m.
  • A live webcast of the fireside chat will be accessible from the Events and Presentations section of Dycom's Investor Center website at https://ir.dycomind.com.
  • A replay of the webcast will be available for approximately 30 days following the live event.

Dycom Announces Authorization of a New $150 Million Stock Repurchase Program

Retrieved on: 
Wednesday, August 23, 2023
DY, Stock dilution, PALM, BEACH, NYSE, Security (finance)

PALM BEACH GARDENS, Fla., Aug. 23, 2023 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) today announced that its Board of Directors has authorized a new $150 million program to repurchase shares of Dycom’s outstanding common stock.

Key Points: 
  • PALM BEACH GARDENS, Fla., Aug. 23, 2023 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) today announced that its Board of Directors has authorized a new $150 million program to repurchase shares of Dycom’s outstanding common stock.
  • The repurchase program does not obligate Dycom to acquire any particular amount of common stock, and may be suspended or discontinued at any time.
  • The new program replaces the Company’s previous $150 million stock repurchase program of which approximately $81.0 million remained outstanding.
  • As of August 23, 2023, the Company had 29,333,411 shares of common stock outstanding, excluding the dilutive effect of stock options and unvested restricted stock.

Dycom Announces Acquisition of Bigham Cable Construction, Inc.

Retrieved on: 
Wednesday, August 23, 2023
DY, Bigham, PALM, Acquisition, BEACH, Southeastern United States, NYSE, Telecommunications, Retail, Internet service provider

PALM BEACH GARDENS, Fla., Aug. 23, 2023 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) today announced that it has acquired Bigham Cable Construction, Inc. Bigham provides telecommunications construction services in the southeastern United States and generated approximately $140 million of revenue over the last twelve months.

Key Points: 
  • PALM BEACH GARDENS, Fla., Aug. 23, 2023 (GLOBE NEWSWIRE) -- Dycom Industries, Inc. (NYSE: DY) today announced that it has acquired Bigham Cable Construction, Inc. Bigham provides telecommunications construction services in the southeastern United States and generated approximately $140 million of revenue over the last twelve months.
  • The acquisition strengthens Dycom’s customer base and geographic scope and expands its ability to further address growth opportunities in rural broadband deployments.