Dycom Industries (DY) shares surged almost 5% after a strong quarterly earnings report, outperforming the S&P 500. The company set a new revenue record of nearly $1.38 billion, with a 15% year-over-year increase. Dycom also reported a 43% rise in GAAP net income to $97.5 million. Despite slightly missing revenue estimates, the company attributed its growth to increased demand for digital infrastructure and operational efficiency. Dycom projects revenue growth of 12.5% for fiscal 2026, reaching $5.29 billion to $5.43 billion. The company did not provide guidance on profitability for the year.

Investors considering Dycom should note that the Motley Fool Stock Advisor did not include the company in their list of the 10 best stocks to buy right now. The top 10 stocks identified by the analyst team have historically provided significant returns, outperforming the S&P 500 by a wide margin. The total average return of Stock Advisor is 1,055%, compared to 183% for the S&P 500. The latest top 10 list is available to those who join Stock Advisor.

Read more at Nasdaq: Why Dycom Industries Stock Withered by Almost 5% on Wednesday