Dycom Industries, Inc. (DY) Q3 2025 Earnings Call Transcript Summary
Dycom Industries, Inc. (DY) Q3 2025 Earnings Call Transcript Summary
Adjusted EBITDA was $170.7 million; adjusted EPS increased to $2.68.The following is a summary of the Dycom Industries, Inc. (DY) Q3 2025 Earnings Call Transcript:
以下是Dycom Industries, Inc. (DY) 2025年第3季度業績會的摘要：
Financial Performance:
財務表現：
Q3 2025 revenue reached $1.272 billion, a 12% year-over-year increase with 7.6% organic growth.
Adjusted EBITDA was $170.7 million; adjusted EPS increased to $2.68.
2025年第3季度營業收入達到12.72億，較去年同期增長12%，實現了7.6%的有機增長。
調整後EBITDA爲17070萬；調整後每股收益增加至2.68美元。
Business Progress:
業務進展：
Dycom focuses on gigabit deployments, with significant fiber-to-the-home projects.
Completed acquisition of Black & Veatch's wireless telecommunications infrastructure business.
Dycom專注於千兆網絡部署，並進行重要的光纖到家項目。
完成對Black & Veatch無線電信基礎設施業務的收購。
Opportunity:
機會：
Expansion of fiber networks by major customers offers significant growth prospects.
Federal and state support for rural broadband opens new infrastructure opportunities.
主要客戶的光纖網絡擴展提供了顯著的增長前景。
聯邦和州對農村寬帶的支持開啓了新的製造行業機會。
Financial Performance:
財務表現：
Q3 2025 revenue was $1.272 billion, a 12% increase year-over-year, with organic revenue growth at 7.6%.
Non-GAAP gross margin improved to 20.8% up from 20.4% last year, a 45 basis point increase.
Adjusted EBITDA reached $170.7 million, about 13.4% of revenue;
Adjusted earnings per share was $2.68, showing a marked increase from the prior year.
Liquidity remains strong at $462.8 million.
2025年第三季度營業收入爲12.72億，較去年增長12%，同期有機營業收入增長爲7.6%。
非GAAP毛利率改善至20.8%，較去年上升了20.4%，提高了45個點子。
調整後EBITDA達到17070萬，約佔營業收入的13.4%；
調整後的每股收益爲2.68，較去年顯著增加。
流動性保持強勁，達到46280萬。
Business Progress:
業務進展：
Dycom's focus remains on gigabit deployments across wireline and wireless networks with significant presence in fiber-to-the-home work.
Completion of the acquisition of Black & Veatch's public carrier wireless telecommunications infrastructure business.
Welcomed Kevin Wetherington as the new COO, enhancing operational leadership.
Experiencing a ramp in wireless network modernization and deployments.
Increased capital expenditure commitments by customers, particularly in extending their fiber networks for increased capacity and new homes passed.
Dycom的重點仍然是通過有線和無線網絡進行千兆部署，特別是在光纖到戶項目中具有重要地位。
完成收購Black & Veatch的公共運營商無線電信基礎設施業務。
歡迎Kevin Wetherington擔任新首席運營官，增強運營領導力。
正在經歷無線網絡現代化和部署的快速增長。
客戶增加了資本支出承諾，特別是在擴展他們的光纖網絡以提高容量和新住宅覆蓋方面。
Opportunities:
機會：
Growth prospects are driven by the continuing expansion of fiber networks by major customers, leveraging both renewed commitments and increased infrastructure spending.
The acquisition of Black & Veatch positions Dycom to capitalize on the growing demand in telecommunications infrastructure, specifically in wireless telecommunications.
Federal and state support for rural broadband deployment presents significant opportunities for generational infrastructure deployment.
Hyperscalers' investment in data center connectivity presents new business opportunities for high capacity, low latency networks.
增長前景受到主要客戶繼續擴展光纖網絡的驅動，利用更新的承諾和不斷增加的基礎設施支出。
收購Black & Veatch使Dycom能夠利用無線電信領域日益增長的需求，特別是在電信基礎設施方面。
聯邦和州政府對農村寬帶部署的支持爲下一代基礎設施的部署提供了重要機會。
超大規模數據中心在連接上的投資爲高容量、低延遲網絡提供了新的業務機會。
Risks:
風險：
No explicit risks detected
未發現任何顯著風險
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
