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Dycom Industries reports strong Q1, raises 2026 revenue forecast, boosting stock by 8.5%.
Dycom Industries, a telecommunications firm, reported strong first quarter results with a 10.2% increase in revenues to $1.259 billion and a 2.5% rise in net income to $61 million.
The company raised its full-year 2026 revenue outlook to between $5.290 billion and $5.425 billion, projecting 12.5% to 15.4% growth.
Dycom also forecast second quarter revenues between $1.38 billion and $1.43 billion, slightly above analysts' expectations.
The positive outlook boosted the company's stock by 8.5%.
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Dycom Industries reporta un fuerte primer trimestre, eleva las previsiones de ingresos para 2026, aumentando las acciones en un 8,5%.