Dycom: Expands Backlog by 46.5%. Fiber Demand and AI Data Centers Drive Enormous Demand!

Dycom delivers across the board. In the first quarter of 2027, contract revenues jumped 56.1% to $1.965 billion. The purely organic growth amounted to a remarkable 24.7%. Even more striking was the leap in profitability: adjusted EBITDA rose to $262.5 million, while the corresponding margin improved to 13.4%. For investors, the net income is particularly relevant: the Non-GAAP Adjusted Diluted EPS soared 84.9% to $4.42. A record backlog of $11.906 billion—a massive increase of 46.5%—underscores the market's immense confidence in the company's...