Q2 2027 Dycom Industries Inc Earnings Call Transcript
Key Points
- Record quarterly revenue of $2.01 billion, up 45.6% year-over-year and 16.7% organically.
- Adjusted EBITDA of $315.5 million grew 54% year-over-year, exceeding the high end of outlook.
- Adjusted EPS of $5.29 grew 45% year-over-year, also exceeding the high end of outlook.
- Record total backlog of $12.2 billion, with a book-to-bill of 1.2 times total and 1.1 times organic.
- Building Systems segment delivered exceptional 24.5% adjusted EBITDA margin, driven by strong demand and operating leverage.
- Communications segment adjusted EBITDA margin decreased 134 basis points year-over-year due to investments, wireless deferral, and higher fuel costs.
- Approximately $150 million of wireless revenues deferred from fiscal 2027 into fiscal 2028, impacting near-term growth.
- Fuel price increases caused approximately 35 basis points of cost pressure in the Communications segment.
- Communications segment margins expected to decline slightly year-over-year due to scaling investments and wireless deferral.
- Data center construction faces potential headwinds from moratoriums and NIMBYism, though demand remains strong.
Good day and thank you for standing by. Welcome to the Dycom Industries Inc second-quarter 2027 results conference call. (Operator Instructions) Please be advised that today's conference is being recorded.
I would now like to hand the conference over to Ms. Callie Tomasso, Dycom's Vice President of Investor Relations and Corporate Communications. Please go ahead.
Thank you, operator, and good morning, everyone. Welcome to Dycom's fiscal 2027 second quarter results conference call. Joining me today are Dan Peyovich, our President and Chief Executive Officer; and Drew DeFerrari, our Chief Financial Officer.
Earlier this morning, we released our Fiscal 2027 second-quarter results, along with certain outlook information. The press release and accompanying materials are available in the Investor Relations section of our website, including the outlook expectation summary document, which provides additional outlook metrics beyond what will be discussed on today's call.
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
