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.

Daktronics reports solid Q2 growth, poised for market expansion

Daktronics' Q2 2025 performance reflects solid revenue growth, strong margins, and strategic financial management, supported by successful projects across diverse market segments.
The company's focus on enhancing show control capabilities, expanding product lines, and investing in digital transformation underscores its commitment to innovation and growth.
While facing challenges in backlog management and operational efficiency, Daktronics is well-positioned to capitalize on opportunities in market expansion, customer experience enhancement, and revenue growth.

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BROOKINGS, S.D., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today it will release its second quarter fiscal 2024 financial results on Tuesday, December 5, 2023 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 Second Quarter Fiscal 2024 Financial Results

Daktronics has experienced a 35% YoY growth in net sales and a shift from a net loss to net income within a year. The company maintains a consistent growth path and has a significant order backlog despite supply chain challenges. The LED market is projected to grow at a CAGR of 20%, and Daktronics is well-positioned to capture a significant portion of this growth, emphasizing next-gen technologies and diversification.

Daktronics: A Rising Star In The Electronic Display Industry With A 57.5% Potential Upside

Daktronics, Inc. (NASDAQ:DAKT ) Q1 2024 Earnings Conference Call September 6, 2023 11:00 AM ET Company Participants Sheila Anderson - Chief Financial Officer and Treasurer Reece Kurtenbach - President and Chief Executive Officer Conference Call Participants BJ Cook - Singular Research Operator Good day, ladies and gentlemen, and welcome to the Daktronics Fiscal Year 2024 First Quarter Earnings Results Conference Call. As a reminder, this conference is being recorded today, Wednesday, September 6, and is available on the company's website at www.daktronics.com.

Daktronics, Inc. (DAKT) Q1 2024 Earnings Call Transcript

BROOKINGS, S.D., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported results for its fiscal 2024 first quarter which ended July 29, 2023.

Daktronics, Inc. Announces 2024 Fiscal First Quarter Results

BROOKINGS, S.D., Sept. 01, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today it will release its first quarter fiscal 2024 financial results on Wednesday, September 6, 2023 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 2024 Financial Results

BROOKINGS, S.D., Aug. 21, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today their CFO, Sheila Anderson, will present and host one-on-one meetings with investors at the Midwest IDEAS Conference, taking place on August 23, 2023 at The Gwen in Chicago, IL. Daktronics, Inc.'s presentation is scheduled to begin at 2:00 PM CT. The presentation will be webcast and can be accessed through the conference host's main website: https://www.threepartadvisors.com/midwest.

Daktronics to Present and Host 1x1 Investor Meetings at the 14th Annual Midwest IDEAS Investor Conference on August 23 in Chicago, IL

BROOKINGS, S.D., Aug. 11, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today their CFO, Sheila Anderson, will present and host one-on-one meetings with investors at the Sidoti August Virtual Investor Conference, taking place on August 16-17, 2023.

Daktronics to Present at Sidoti Virtual Investor Conference August 16 - 17

The new curved, HDR-capable display will enhance in-stadium experiences for all Gillette Stadium fans including those attending New England Revolution and New England Patriots games The new curved, HDR-capable display will enhance in-stadium experiences for all Gillette Stadium fans including those attending New England Revolution and New England Patriots games

Gillette Stadium to Feature Largest Outdoor End Zone Display in Professional Football from Daktronics

Daktronics, Inc. (NASDAQ:DAKT ) Q4 2023 Earnings Conference Call July 12, 2023 4:00 PM ET Company Participants Sheila Anderson - CFO and Treasurer Reece Kurtenbach - President and CEO Conference Call Participants BJ Cook - Singular Research Operator Good day, and thank you for standing by, and welcome to Daktronics Fourth Quarter and Yearend 2023 Financial Results. At this time all participants are in listen-only mode.

Daktronics, Inc. (DAKT) Q4 2023 Earnings Call Transcript

BROOKINGS, S.D., July 12, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported fiscal year and fourth quarter 2023 results.

Daktronics, Inc. Announces Fiscal Year and Fourth Quarter 2023 Results

BROOKINGS, S.D., July 11, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today it will release its fourth quarter and fiscal 2023 financial results on Wednesday, July 12, 2023 before the market opens. The Company will host a conference call and webcast for all interested parties at 3:00 PM CT that day.

Daktronics, Inc. to Release Fourth Quarter and Fiscal 2023 Financial Results

BROOKINGS, S.D., June 20, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ – DAKT) is set to rejoin the broad-market Russell 3000 Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens next Monday, June 26, according to a preliminary list of additions.

Daktronics, Inc. set to rejoin Russell 3000® Index

Closes $75 Million Senior Secured Credit Facility with JPMorgan Chase and $25 Million Convertible Note Investment with Major Shareholder Alta Fox Capital Closes $75 Million Senior Secured Credit Facility with JPMorgan Chase and $25 Million Convertible Note Investment with Major Shareholder Alta Fox Capital

Daktronics, Inc. Strengthens Financial Position by Securing $100 Million In Capital Commitments

Two main video displays featuring highest resolution in professional football highlight the LED displays coming in 2023 Two main video displays featuring highest resolution in professional football highlight the LED displays coming in 2023

Green Bay Packers Select Daktronics to Deliver High-Resolution Experience at Lambeau Field

Daktronics continues to post strong sales, profit, and cash flow results, and backlog is up year-over-year. DAKT stock looks affordable on an absolute basis and it's cheap relative to other firms.

Daktronics: Still Not The Sign To Unload Stock

Daktronics, Inc. (NASDAQ:DAKT ) Q3 2023 Earnings Conference Call March 8, 2023 11:00 AM ET Company Participants Reece Kurtenbach - President and Chief Executive Officer Sheila Anderson - Chief Financial Officer and Treasurer Conference Call Participants Operator Good day, ladies and gentlemen. And welcome to Daktronics Fiscal Year 2023 Third Quarter Earnings Conference Call.

Daktronics, Inc. (DAKT) Q3 2023 Earnings Call Transcript

BROOKINGS, S.D., March 08, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported results for its fiscal 2023 third quarter which ended January 28, 2023.

Daktronics, Inc. Announces 2023 Fiscal Third Quarter Results

BROOKINGS, S.D., March 03, 2023 (GLOBE NEWSWIRE) -- Daktronics Inc (Nasdaq – DAKT) announced today it will release its third quarter fiscal 2023 financial results on Wednesday, March 8, 2023 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 Third Quarter Fiscal 2023 Financial Results

NEW YORK , Feb. 21, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Daktronics, Inc. (NASDAQ: DAKT) between March 10, 2022 and December 6, 2022, both dates inclusive (the "Class Period"), of the important February 21, 2023  lead plaintiff deadline. SO WHAT: If you purchased Daktronics securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

DAKT FINAL DEADLINE TODAY: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Daktronics, Inc. Investors to Secure Counsel Before Important February 21 Deadline in Securities Class Action - DAKT

NEW YORK , Feb. 21, 2023 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Daktronics, Inc. ("Daktronics" or the "Company") (NASDAQ: DAKT) and certain of its officers, on behalf of all persons and entities that purchased, or otherwise acquired Daktronics securities between March 10, 2022 and December 6, 2022, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/dakt.

Final Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds Daktronics, Inc. (DAKT) Investors of Class Action and Last Few Hours to Actively Participate

NEW YORK , Feb. 21, 2023 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Daktronics, Inc. (NASDAQ: DAKT) alleging that the Company violated federal securities laws. Class Period: March 10, 2022 to December 6, 2022 Lead Plaintiff Deadline: February 21, 2023 No obligation or cost to you.

DAKT ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of February 21, 2023 in the Class Action Filed on Behalf of Daktronics, Inc. Shareholders

LOS ANGELES, CA / ACCESSWIRE / February 21, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Daktronics, Inc. ("Daktronics" or "the Company") (NASDAQ:DAKT) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

FINAL DEADLINE TODAY: The Schall Law Firm Announces it is Investigating Claims Against Daktronics, Inc. and Encourages Investors with Losses to Contact the Firm

Los Angeles, California--(Newsfile Corp. - February 18, 2023) - Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Daktronics, Inc. ("Daktronics" or the "Company") (NASDAQ: DAKT).Class Period: March 10, 2022 - December 6, 2022Lead Plaintiff Deadline: February 21, 2023If you wish to serve as lead plaintiff of the Daktronics lawsuit, you can submit your contact information at www.glancylaw.com/cases/daktronics-inc/.

DAKT Investors Have Opportunity to Lead Daktronics, Inc. Securities Fraud Lawsuit

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming February 21, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Daktronics, Inc. (“Daktronics” or the “Company”) (NASDAQ: DAKT) securities between March 10, 2022 and December 6, 2022, inclusive (the “Class Period”). If you are a shareholder who suffered a loss, click here to participate.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Daktronics, Inc. (DAKT)

Los Angeles, California--(Newsfile Corp. - February 17, 2023) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Daktronics, Inc. ("Daktronics" or "the Company") (NASDAQ: DAKT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

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