View Post

Dycom Industries’ stock falls on a downbeat outlook for Goodman Networks revenue

In Daily News Briefs by Wireless Estimator

Shares of Palm Beach, Fla.-based Dycom Industries fell another 1.5% today to $83.61 after falling almost 7.5% on heavy trading volume Wednesday after the company posted solid results for the 2016 fiscal fourth quarter, but gave a downbeat outlook for Goodman Networks revenue. Dycom acquired certain telecom-related assets of Goodman Networks’ wireline and wireless network deployment businesses for about $107.5 …