Daktronics

Daktronics, Inc. engages in designing and manufacturing electronic scoreboards, programmable display systems and large screen video displays for sporting, commercial and transportation applications. It operates through the following segments: Commercial, Live Events, High School Park and Recreation, Transportation, and International. The Commercial segment sells video, display systems, digital billboards, Galaxy, and Fuelight product lines to resellers, out-of-home companies, national retailers, quick-serve restaurants, casinos, shopping centers, cruise ships, commercial building owners, and petroleum retailers. The Live Events segment provides scoring and video display systems to college and professional sports facilities and convention centers and the sale of mobile display technology to video rental organizations and other live events type venues. The High School Park and Recreation segment engages in the sale of scoring systems, Galaxy displays, and video display systems to primary and secondary education facilities. The Transportation segment consists of sales of Vanguard and Galaxy product lines to governmental transportation departments, airlines, and other transportation related customers. The International segment is composed of sales of all product lines outside the United States and Canada. The company was founded by Aelred J. Kurtenbach and Duane E. Sander in 1968 and is headquartered in Brookings, SD.

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DAKT reports record sales and outlines growth plans for 2023

DAKT reported strong financial performance for fiscal 2023, with record sales and improved gross profit margins. The company faces challenges related to supply chain disruptions and inflationary pressures but is strategically positioned to capitalize on opportunities in the global audio visual communication systems market.

Daktronics excels in Q3 with increased sales and profitability

Daktronics delivered a robust performance in Q3 2023, with notable increases in operating income, net sales, and order volume. The company's strategic actions to improve gross profit margins and manage liquidity demonstrate a focus on financial strength. While facing challenges from external factors, Daktronics is well-positioned to leverage its strengths and opportunities for future growth.

Daktronics reports record sales and strategic growth initiatives for 2023

Daktronics delivered strong financial performance in fiscal 2023 with record sales and improved operating income.
The company's focus on global growth, new technologies, and profitability positions it well for the future.
Despite challenges such as high tax rates and supply chain issues, Daktronics remains resilient and proactive.

Daktronics reports stellar Q1 results, eyes global growth opportunities

Daktronics' Q1 2024 performance reflects robust sales growth, improved profitability, and enhanced financial stability, underpinned by strategic initiatives and operational efficiency.
While facing risks and challenges, the company's strong financial position, focus on market expansion, and global growth expectations present opportunities for sustained success and value creation.
Investors should monitor Daktronics' ability to navigate market dynamics, capitalize on growth opportunities, and mitigate potential risks to drive long-term shareholder value and profitability.

Daktronics (DAKT) reports record Q2 performance, eyes LED market growth

Daktronics (DAKT) achieved remarkable financial results in Q2 2024, showcasing growth in sales, profitability, and operational efficiency. The company's strategic focus on the LED market and profitability bodes well for future success, despite facing challenges related to tax expenses.

Daktronics (DAKT) achieves record Q3 results amidst market challenges

Daktronics (DAKT) reports strong Q3 performance with record sales, operating income, and significant order growth.
Strategic execution, market vertical updates, and financial highlights drive the company's success amidst challenges.
Opportunities for growth include expanding market verticals, exploring new revenue sources, and maintaining gross margin stability.

Daktronics Reports Record Revenue and Strategic Growth in Q4

Daktronics concluded its fiscal year with strong financial performance, marked by record revenues and improved profitability. The company is focusing on digital transformation, market innovation, and operational efficiencies to drive future growth and competitiveness. With strategic priorities set for FY 2025, Daktronics is optimistic about leveraging opportunities in high-margin areas and expanding its market presence.

Daktronics (DAKT) reports robust Q1 earnings, outlines growth strategies

Daktronics (DAKT) delivered strong financial performance in Q1 2025, with revenue growth and profit expansion.
The company's strategic focus on digital transformation and market growth presents opportunities for future success.
Challenges include addressing backlog normalization, pricing strategies, and maintaining market competitiveness.

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BROOKINGS, S.D., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (“Daktronics” or the “Company”) (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, today announced that, after careful deliberation, the Board of Directors (the “Board”) has determined that it is in the best interests of the Company and its common shareholders to exercise the Company's right to convert an initial $7.0 million in face value of the $25 million senior second lien secured promissory note (the “Convertible Note”) held by Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox”) into approximately 1.1 million shares of the Company's common stock.

Daktronics Announces Intention to Convert $25 Million Convertible Promissory Note into Common Stock

Business Transformation Office Driving Strategic Initiatives to Accelerate Profitable Growth, Increase Margins and Drive Consistent Returns on Invested Capital in the Mid-to-High Teens

Daktronics, Inc. Announces Next Steps in Ongoing Business Transformation Plan

While the market sighed a collective breath of relief after the Fed cut 50-bps, this week has been anything but bullish for the broad market. I'm looking at 5 consecutive red daily candles on the Russell 2000.

Bear of the Day: Daktronics (DAKT)

Daktronics has shown strong resilience and growth potential, with an 88.18% stock increase, outperforming the S&P 500's 23.58% gain. Despite earlier concerns about inflation and dividends, Daktronics' solid performance, efficiency improvements, and undervaluation justify upgrading the stock to a "Buy". The company's digital transformation plan and new tech initiatives are driving growth, with significant demand in the sports, transportation, and advertising sectors.

Sign Of The Times, Daktronics Flashes Strong Growth (Ratings Upgrade)

Shares are down more than 10% since its Q1 FY25 earnings release. Order growth remained healthy, while margins continue to remain strong. Management aims to increase investments to increase the competitiveness of its products, while also lowering structural costs in the business.

Daktronics Q2 Earnings: Solid Margins Despite Tepid Growth (Maintain Buy Rating)

BROOKINGS, S.D., Sept. 11, 2024 (GLOBE NEWSWIRE) -- Daktronics Inc. (Nasdaq: DAKT), a leading global designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, announced that Sheila Anderson, Chief Financial Officer, will present and host one-on-one meetings with investors at the Sidoti September Virtual Investor Conference, taking place on September 18-19, 2024.

Daktronics to Present at Sidoti Virtual Investor Conference September 18-19

Daktronics, Inc. (NASDAQ:DAKT ) Q1 2025 Earnings Conference Call September 4, 2024 11:00 AM ET Company Participants Carla Gatzke – Corporate Secretary Reece Kurtenbach – Chief Executive Officer Sheila Anderson – Chief Financial Officer and Treasurer Conference Call Participants Anja Soderstrom – Sidoti Mac Furst – Singular Research Operator Thank you for standing by, and welcome to Daktronics First Quarter Fiscal Year 2025 Financial Results Conference Call. At this time, all participants are in a listen-only mode.

Daktronics, Inc. (DAKT) Q1 2025 Earnings Call Transcript

Daktronics (DAKT) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.63 per share a year ago.

Daktronics (DAKT) Q1 Earnings and Revenues Top Estimates

Solid Sequential GAAP Revenue Growth, Margin Expansion, and Cash Flow Generation Earned $22.7 Million of Operating Income and Adjusted Net Income (1) of $16.6 Million BROOKINGS, S.D., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, today reported results for its fiscal 2025 first quarter which ended July 27, 2024.

Daktronics, Inc. Announces 2025 Fiscal First Quarter Results

DAKT shares' meteoric rise is driven by strong order growth in Live Events and Transportation businesses. However, weak Commercial business is a threat.

Daktronics Gains 81% YTD: How Should You Play the DAKT Stock?

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BROOKINGS, S.D., Aug. 22, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today it will release its first quarter fiscal 2025 financial results on Wednesday, September 4, 2024 before the market opens. The Company will host a conference call and webcast for all interested parties at 10:00 AM CT that day.

Daktronics, Inc. to Release First Quarter Fiscal 2025 Financial Results

BROOKINGS, S.D.--(BUSINESS WIRE)--Crypto.com Arena Brings Big Center-Hung Scoreboard Upgrade to Games, Concerts and Other Special Events With a Stunning Display From Daktronics.

Crypto.com Arena Brings Big Center-Hung Scoreboard Upgrade to Games, Concerts and Other Special Events With a Stunning Display From Daktronics

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News for Daktronics Stock (DAKT)