On Wednesday, Shares of Dycom Industries Inc. (NYSE: DY) declined -0.19% to $47.11. The stock traded total volume of 83,462 shares lower than the average volume of 588.90K shares.
Dycom Industries, Inc. (DY) declared recently its results for the fourth quarter and fiscal year ended January 26, 2019. The Company stated:
ADVERTISEMENT
- Contract revenues of $748.6M for the quarter ended January 26, 2019, contrast to $655.1M for the quarter ended January 27, 2018. Contract revenues for the quarter ended January 26, 2019 increased 13.7% on an organic basis after excluding contract revenues of $5.9M from an attained business that was not owned during the comparable prior period and contract revenues from storm restoration services. Contract revenues from storm restoration services were $20.4M for the quarter ended January 26, 2019 contrast to $19.8M for the quarter ended January 27, 2018.
- Non-GAAP Adjusted EBITDA of $59.8M or 8.0% of contract revenues, for the quarter ended January 26, 2019, contrast to Non-GAAP Adjusted EBITDA of $59.6M, or 9.1% of contract revenues, for the quarter ended January 27, 2018.
- On a GAAP basis, net loss was $12.1M, or a loss of $0.38 per common share, for the quarter ended January 26, 2019, contrast to net income of $40.1M, or $1.24per common share diluted, for the quarter ended January 27, 2018. Non-GAAP Adjusted Net Income was $3.2M, or $0.10 per Non-GAAP Adjusted Diluted Share, for the quarter ended January 26, 2019, contrast to Non-GAAP Adjusted Net Income of $3.8M, or $0.12 per Non-GAAP Adjusted Diluted Share, for the quarter ended January 27, 2018.
The Company also stated:
- Contract revenues of $3.128B for the fiscal year ended January 26, 2019, contrast to $2.978B for the twelve months ended January 27, 2018. Contract revenues for the fiscal year ended January 26, 2019 increased 3.6% on an organic basis after excluding contract revenues from attained businesses that were not owned for the entire period in both the current and comparable prior periods and contract revenues from storm restoration services. Total contract revenues from attained businesses were $69.9M for the fiscal year ended January 26, 2019 contrast to $32.3M for the twelve months ended January 27, 2018. Contract revenues from storm restoration services were $42.9M for the fiscal year ended January 26, 2019 contrast to $35.1M for the twelve months ended January 27, 2018, excluding amounts from attained businesses.
- Non-GAAP Adjusted EBITDA of $330.0M or 10.5% of contract revenues, for the fiscal year ended January 26, 2019, contrast to Non-GAAP Adjusted EBITDA of $383.5M, or 12.9% of contract revenues, for the twelve months ended January 27, 2018.
- On a GAAP basis, net income was $62.9M, or $1.97 per common share diluted, for the fiscal year ended January 26, 2019, contrast to net income of $151.3M, or $4.74 per common share diluted, for the twelve months ended January 27, 2018. Non-GAAP Adjusted Net Income was $88.5M, or $2.78 per Non-GAAP Adjusted Diluted Share, for the fiscal year ended January 26, 2019, contrast to Non-GAAP Adjusted Net Income of $123.5M, or $3.88 per Non-GAAP Adjusted Diluted Share, for the twelve months ended January 27, 2018.
DY has the market capitalization of $1.47B and its EPS growth ratio for the past five years was 11.40%. The return on assets ratio of the Company was 3.10% while its return on investment ratio stands at 5.50%. Price to sales ratio was 0.47 while 95.70% of the stock was owned by institutional investors.
