Dycom raises FY2027 contract revenue outlook to $7.38 billion-$7.65 billion

Dycom Industries, Inc.

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Dycom raised fiscal 2027 outlook on strong Q1 results, citing robust demand for fiber infrastructure deployments and data center builds.
Contract revenue forecast lifted to USD 7.38 billion-USD 7.65 billion, implying 33.1%-37.9% GAAP growth.
Non-GAAP organic contract revenue growth projected at 12.6%-15.8%, measured against fiscal 2026 organic revenue of USD 5.35 billion.
Segment view: Communications revenue USD 6.03 billion-USD 6.2 billion; Building Systems revenue USD 1.35 billion-USD 1.45 billion.
Q2 outlook: contract revenue USD 1.94 billion-USD 2.01 billion; adjusted EBITDA USD 284 million-USD 303 million; adjusted EPS USD 4.4-USD 4.82.

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