Dycom Industries Rises on Q4 Earnings Beat

Shares of Dycom Industries DY are trading higher in the after-hours following the release of the company's Q4 earnings results. Currently, shares are higher by 6.94%, trading at $14.79; they ended the regular session higher by 8.13%, at $13.73. Dycom Industries reported Q4 EPS of $0.38 on revenues of $303.7 million; the Street was looking for $0.24 per share on revenues of $296 million. Revenues increased 7.9% year over. Dycom Industries, Inc. is a provider of specialty contracting services. These services are provided throughout the United States and include engineering, construction, maintenance and installation services to telecommunications providers, underground facility locating services to various utilities, including telecommunications providers, and other construction and maintenance services to electric and gas utilities and others.