Dycom Industries Watchlist

tz-plus logo The stock of Dycom Industries could now challenge the all-time high again after a pullback!

A. Haslinger
Reading Time: 1 minute

Dycom Industries, with a market capitalization of $7.6 billion, provides service work for telecommunications companies and supports them in tasks such as excavation to bury fiber optic cables, breaking up sidewalks when necessary and repairing them, and bringing the fiber optic cables over power poles to households and businesses. Although the company slightly disappointed with its second-quarter revenue numbers of $1.37 billion on August 20, despite new records, it significantly exceeded earnings estimates, while the order backlog rose by a remarkable...

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