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Public signal · 1-minute delayed
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What happened, with direct paths to the underlying reporting
Dycom's Q2 FY25 revenue increased 15.5% to $1.203 billion, beating estimates. Adjusted EBITDA rose to $158.3 million from $130.8 million YoY. Q3 expectations include mid- to high single-digit revenue growth. Acquisition of Black & Veatch expands Dycom's telecom service capabilities. Analysts raised DY price targets, indicating strong future potential.
- Dycom's Q2 FY25 revenue increased 15.5% to $1.203 billion, beating estimates.
- Adjusted EBITDA rose to $158.3 million from $130.8 million YoY.
- Q3 expectations include mid- to high single-digit revenue growth.
- Acquisition of Black & Veatch expands Dycom's telecom service capabilities.
- Analysts raised DY price targets, indicating strong future potential.
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