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Why Is Dycom Industries Stock Surging Premarket Wednesday?

Dycom Industries, Inc. (NYSE:DY) shares are trading higher after the company reported its first quarter FY25 results. Contract revenue increased 9.3% Y/Y to $1.142 billion, beating the consensus of $1.093 billion. Adjusted EBITDA increased to $130.9 million from $113.5 million a year ago. EPS of $2.12 surpassed the street ...