The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.

Performance beat was driven by robust demand for fiber-to-the-home (FTTH) builds that ramped ahead of expectations, aided by a favorable seasonal backdrop.

Management is high-grading the project pipeline, remaining disciplined in awards to focus on execution and margin quality over pure volume.

The Building Systems segment outpaced internal projections due to the successful integration of Power Solutions and strong demand in the digital infrastructure space.

Backlog growth of 25% sequentially reflects a shift toward longer-duration contracts as customers seek to secure skilled labor through the end of the decade.

Strategic positioning now spans the entire fiber lifecycle, from long-haul routes to inside-the-fence data center cabling and electrical work.

Operational leverage and a focus on cash flow enhancement resulted in a 15-day year-over-year improvement in Days Sales Outstanding (DSO).

Full-year revenue guidance was increased to $7.38 billion–$7.65 billion, assuming continued 14% organic growth and intensifying demand across both segments.

The Communications segment is expected to deliver modest margin improvement, while Building Systems is projected to maintain high-teens margins throughout fiscal 2027.

Management anticipates the BEAD program will begin contributing revenue in Q2, but views it primarily as a calendar 2027 and 2028 growth driver.

Long-haul and middle-mile fiber infrastructure is expected to ramp significantly in calendar 2027, with 2028 projected as the 'fast and furious' peak year.

The pending acquisition of National Technology Integrators (NTI) is expected to be immediately accretive and provide significant cross-selling synergies within the data center market.

Announced a definitive agreement to acquire National Technology Integrators for $275 million to enhance low-voltage engineering and data center capabilities.

The NTI acquisition is expected to close in Q2 and provides a strategic entry into the DMV, Texas, and Midwest data center markets.

Management noted that while fuel costs remain a headwind, the impact is being mitigated by fleet efficiency moves and the lower fuel intensity of the Building Systems segment.

Pro forma net leverage is expected to remain below 2.5x adjusted EBITDA, maintaining a commitment to long-term leverage discipline despite active M&A pursuit.

One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here.

Management highlighted a long-standing partnership between Power Solutions and NTI, which facilitates immediate cross-selling to general contractors and hyperscalers.

The acquisition allows Dycom to offer a comprehensive solution: electrical work, structured cabling, and inside-the-fence fiber connectivity.

The reduction to 96 days is considered a sustainable range, driven by improvements in both the Communications and Building Systems segments.

High-teens margins in Building Systems are expected to persist despite ongoing investments in scaling and back-office integration.

Management noted a significant increase in the opportunity set, with some hyperscalers discussing routes requiring 7,500 to 10,000 fiber strands.

This complexity supports a decade-long build cycle to meet the architecture requirements for future data consumption.

Dycom is intentionally passing on 'low bid' work, focusing instead on long-term MSAs where customers value a skilled, reliable workforce over the lowest price.

The company believes its investment in headcount (adding 37 employees this quarter) prevents it from leaving important builds behind.