Dycom Industries, Inc. reported its fiscal 2025 second-quarter results, revealing contract revenues of $1.203 billion, a 15.5% increase year-over-year. The company also posted a non-GAAP adjusted EBITDA of $158.3 million, representing 13.2% of its contract revenues, and a non-GAAP adjusted net income of $72.5 million, equating to $2.46 per diluted share. Following the announcement, shares of Dycom saw a pre-market decline of 6.8%. Looking ahead, the company projects total contract revenues for the third quarter, ending October 26, 2024, to grow in the mid- to high single digits compared to $1.136 billion in the same quarter of the previous year. Additionally, Dycom announced an acquisition, further details of which are pending.