BUZZ-Dycom Industries jumps after Q1 profit beat, higher revenue forecast

Reuters
21 May
BUZZ-Dycom Industries jumps after Q1 profit beat, higher revenue forecast

** Telecommunications contractor Dycom Industries's shares DY.N rise 10% to $212.98 premarket

** If gains hold, stock is set to open at record high

** DY reports Q1 adj. EPS of $2.09 vs analyst's ests. of $1.6- LSEG data

** Co also lifts its FY26 contract revenue growth forecast to 12.5%-15.4% from 10%-13%

** Up to Tuesday's close, stock had risen 11.2% YTD

(Reporting by Ragini Mathur in Bengaluru)

((Ragini.Mathur@thomsonreuters.com;))

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