NYSE$DY
Dycom Industries Inc. · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Dycom's first quarter of fiscal year 2023 resulted in increased contract revenues and profitability.
Dycom Industries reported a strong first quarter with a 21.1% organic growth in contract revenues, reaching $876.3 million. GAAP net income was $19.5 million, or $0.65 per diluted share, and Non-GAAP Adjusted EBITDA was $63.7 million, representing 7.3% of contract revenues.
- Contract revenues reached $876.3 million, demonstrating 21.1% organic growth.
- Non-GAAP Adjusted EBITDA was $63.7 million.
- GAAP Net Income amounted to $19.5 million, or $0.65 per diluted common share.
- The company repurchased 200,000 common shares for $18.5 million during the quarter.
Headline financials
Revenue & EPS history
Dycom · Revenue · Quarterly
$876M
Revenue by segment
Dycom · $1.96B total across 2 segments · Q1 2027
- Communications$1.57B—79.9%
- Building Systems$395M—20.1%
Forward guidance
The Company expects contract revenues for the quarter ending July 30, 2022 to increase mid-teens to 20% as a percentage of contract revenues as compared to the quarter ended July 31, 2021. Non-GAAP Adjusted EBITDA as a percentage of contract revenues is expected to range from in-line to modestly higher for the quarter ending July 30, 2022 as compared to the quarter ended July 31, 2021.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2023
+1.1%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+2.8%
Avg return
30 days after
57%
36 / 63 earnings
Positive
+19.5%
Q3 2015
Best reaction
-27.3%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | — | — | — | |
| Q4 2026 | -5.5% | -10.7% | -13.7% | |
| Q3 2026 | +9.5% | +15.0% | +16.3% | |
| Q2 2026 | -4.8% | -5.9% | +0.0% | |
| Q1 2026 | +15.6% | +16.3% | +20.9% | |
| Q4 2025 | -5.8% | -6.4% | -10.5% | |
| Q3 2025 | -9.6% | -10.5% | -14.3% | |
| Q2 2025 | -9.5% | -10.4% | +0.8% | |
| Q1 2025 | +14.8% | +16.4% | +8.1% | |
| Q4 2024 | +3.2% | +5.7% | +17.1% | |
| Q3 2024 | +17.9% | +17.0% | +31.4% | |
| Q2 2024 | +0.9% | +0.6% | -6.5% | |
| Q1 2024 | +0.1% | +3.9% | +4.2% | |
| Q4 2023 | +17.5% | +22.6% | +11.2% | |
| Q3 2023 | -16.5% | -16.5% | -17.3% | |
| Q2 2023 | +3.2% | +1.3% | -12.4% | |
| Q1 2023 | +15.2% | +17.4% | +19.0% | |
| Q4 2022 | +6.7% | +5.1% | +14.5% | |
| Q3 2022 | +18.5% | +15.4% | +9.3% | |
| Q2 2022 | -4.3% | -6.2% | -2.8% | |
| Q1 2022 | -11.9% | -9.8% | -7.9% | |
| Q4 2021 | +5.0% | +10.8% | +19.7% | |
| Q3 2021 | -18.7% | -19.4% | -5.5% | |
| Q2 2021 | +10.3% | +26.1% | +13.0% | |
| Q1 2021 | +16.3% | +25.8% | +26.4% | |
| Q4 2020 | -25.0% | -34.1% | -41.1% | |
| Q3 2020 | +4.4% | +4.2% | -4.2% | |
| Q2 2020 | +6.1% | +8.0% | +23.0% | |
| Q1 2020 | +19.4% | +12.2% | +25.8% | |
| Q4 2019 | -27.3% | -21.8% | -25.9% | |
| Q3 2019 | -10.4% | -10.9% | -26.5% | |
| Q2 2019 | +8.0% | +8.2% | +9.1% | |
| Q3 2018 | +1.5% | -0.2% | +6.2% | |
| Q2 2018 | -4.4% | -4.2% | -5.7% | |
| Q1 2018 | +12.2% | +15.6% | +22.9% | |
| Q4 2017 | -1.7% | -0.4% | +4.6% | |
| Q3 2017 | -22.2% | -23.4% | -15.3% | |
| Q2 2017 | +19.0% | +17.8% | +13.1% | |
| Q1 2017 | -19.3% | -17.6% | -11.0% | |
| Q4 2016 | -6.8% | -8.3% | -10.8% | |
| Q3 2016 | +15.0% | +16.5% | +25.5% | |
| Q2 2016 | -5.4% | — | — | |
| Q1 2016 | +6.2% | — | — | |
| Q4 2015 | +12.8% | — | — | |
| Q3 2015 | +19.5% | — | — | |
| Q2 2015 | +14.9% | — | — | |
| Q1 2015 | +15.6% | — | — | |
| Q4 2014 | +0.0% | — | — | |
| Q3 2014 | -10.2% | — | — | |
| Q2 2014 | +3.9% | — | — | |
| Q1 2014 | +5.2% | — | — | |
| Q4 2013 | -7.7% | — | — | |
| Q3 2013 | +8.9% | — | — | |
| Q2 2013 | +3.0% | — | — | |
| Q1 2013 | +14.9% | — | — | |
| Q4 2010 | -9.8% | — | — | |
| Q4 2012 | -16.4% | — | — | |
| Q3 2011 | +0.0% | — | — | |
| Q3 2012 | -5.7% | — | — | |
| Q2 2011 | +2.4% | — | — | |
| Q2 2012 | -4.8% | — | — | |
| Q1 2011 | -5.4% | — | — | |
| Q4 2011 | -5.4% | — | — | |
| Q1 2012 | -1.4% | — | — |
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