The following is a summary of the Dycom Industries, Inc. (DY) Q1 2025 Earnings Call Transcript:

Financial Performance:

• Dycom Industries reported Q1 revenue of $1.142 billion, a 9.3% increase year over year, with organic revenue growth of 2.5%.

• Gross margin rose by 95 basis points to 19.3% compared to Q1 of fiscal 2024.

• The adjusted EBITDA totaled $130.9 million, resulting from general and administrative expenses being 8.3% of revenue.

• Earnings per share stood at $2.12, with a reported strong liquidity position of $573.6 million.

• The company repurchased 210,000 shares of their common stock for $29.8 million.

Business Progress:

• Dycom Industries completed an acquisition to extend its geographic reach to Alaska, and it's experiencing increased demand from its top five customers - who make up 56.4% of its revenue.

• The company continues to deploy gigabit wireline networks, wireless wireline converged networks, and wireless networks.

• There is an increased opportunity in rural America for fiber network deployment initiatives.

• The company's backlog sits at $6.364 billion, showing firm demand and potential for growth.

• The company plans to invest in back-office productivity and facilitate larger, complex infrastructure programs.

• The Broadband Economic Development (BEAD) program and under-development data center offerings present future opportunities.

More details: Dycom Industries IR

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.