Dycom Industries Shares Down After Quarterly Results

India, Aug. 26 -- Dycom Industries, Inc. (DY) shares are trading sharply lower after the company reported second-quarter results and outlook.

The stock is currently trading at $308.79, down $43.01 or 12.23%, on the NYSE.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1568189509843-0'); });

Dycom reported net income of $115.6 million or $3.81 per share, compared to $97.5 million or $3.33 per share last year.

For the third quarter, the company expects contract revenue of $1.90 billion to $1.98 billion. For the full year 2026, Dycom expects revenues of $7.48 billion to $7.66 billion.

For comments and feedback contact: [e-mail]

Published by HT Digital Content Services with permission from RTT News....