Dycom Industries Sees Double-digit Contract Revenue Growth In FY27 - Update

While reporting financial results for the fourth quarter on Wednesday, Dycom Industries, Inc. (DY) initiated its guidance for earnings and contract revenues for the first quarter and for contract revenues for the full-year 2027.Dycom said it expects strong growth in fiscal 2027 driven by multiple demand drivers, led by significant increases in fiber-to-the-home deployments, increasing demand for Communications and Building Systems services to support data center and hyperscaler build plans and modest growt ...