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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High-resolution LED canvas provides innovative interactive experiences at strategic location High-resolution LED canvas provides innovative interactive experiences at strategic location

Heritage Outdoor Media and Daktronics Bring the Latest Billboard Technology to Times Square

Daktronics, Inc. (NASDAQ:DAKT ) Q2 2023 Results Conference Call December 12, 2022 11:00 AM ET Company Participants Kevin McDermott - Lead Independent Director Reece Kurtenbach - Chairman, President and CEO Sheila Anderson - Chief Financial Officer Conference Call Participants Operator Good day, ladies and gentlemen, and welcome to Daktronics Fiscal Year 2023 Second Quarter Earnings Results Conference Call. As a reminder, this conference is being recorded today, Monday, December 12, and is available on the company's website at www.daktronics.com.

Daktronics, Inc. (DAKT) Q2 2023 Earnings Call Transcript

BROOKINGS, S.D., Dec. 12, 2022 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported results for fiscal 2023 second quarter which ended October 29, 2022 and provided details on the initiatives underway to improve liquidity and cash generation as the company emerges from pandemic-related conditions that led to historic inventory buildup.

Daktronics, Inc. Announces 2023 Fiscal Second Quarter Results, Details Liquidity Enhancement Program

Los Angeles, California--(Newsfile Corp. - December 8, 2022) - 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.

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

LOS ANGELES--( BUSINESS WIRE )--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.

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

BENSALEM, Pa.--( BUSINESS WIRE )--Law Offices of Howard G. Smith announces an investigation on behalf of Daktronics, Inc. (“Daktronics” or the “Company”) (NASDAQ: DAKT) investors concerning the Company's possible violations of federal securities laws.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Daktronics, Inc. (DAKT) on Behalf of Investors

Shares of Daktronics fell nearly 40% after the company gave reason to fear its ability to continue operations but there may be an opportunity in the making.

This Is Why Daktronics Fell 40% In One Day

LOS ANGELES--( BUSINESS WIRE )--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Daktronics, Inc. (“Daktronics” or the “Company”) (NASDAQ: DAKT) investors concerning the Company's possible violations of the federal securities laws.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Daktronics, Inc. (DAKT) on Behalf of Investors

LOS ANGELES--( BUSINESS WIRE )--The Law Offices of Frank R. Cruz announces an investigation of Daktronics, Inc. (“Daktronics” or the “Company”) (NASDAQ: DAKT) on behalf of investors concerning the Company's possible violations of federal securities laws.

The Law Offices of Frank R. Cruz Announces Investigation of Daktronics, Inc. (DAKT) on Behalf of Investors

BROOKINGS, S.D., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today announced the expansion of its Board of Directors to eight members and the appointment of Howard I. Atkins as the eighth director.

Daktronics, Inc. expands board of directors to eight members and appoints new director

BROOKINGS, S.D., Dec. 06, 2022 (GLOBE NEWSWIRE) -- Daktronics Inc (Nasdaq – DAKT) announced today that in light of the Company's announcement in its Current Report on Form 8-K filed today with the Securities and Exchange Commission, it has changed the date and time of its previously announced earnings release and conference call and webcast for its second quarter fiscal 2023 financial results. The Company will now release the second quarter fiscal 2023 financial results on Monday, December 12, 2022, 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. Announces Date Change for Second Quarter Fiscal 2023 Financial Results

Daktronics continues to grow its sales nicely, but profits and cash flows have seen better days. Trouble looks to be brewing for the current fiscal year, but it's also true that shares remain cheap.

Daktronics: Dampened Expectations

BROOKINGS, S.D., Nov. 28, 2022 (GLOBE NEWSWIRE) -- Daktronics Inc (Nasdaq – DAKT) announced today it will release its second quarter fiscal 2023 financial results on Wednesday, December 7, 2022 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 2023 Financial Results

New end wall, more than 3,000 linear feet of fascia displays installed New end wall, more than 3,000 linear feet of fascia displays installed

Daktronics Bringing New Light to Crypto.com Arena Events

BROOKINGS, S.D., Sept. 07, 2022 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today announced the retirement of James Morgan from the Board of Directors (“the Board”) at the end of his current term, effective September 7, 2022. He has been a Director of the Company since 1984 and has served on the Nominating and Corporate Governance Committee since October 2016, including as its Chair since June 2020, and on the Audit Committee from 2016 to 2021. He also served as the Company's President and Chief Executive Officer from 2001 through his retirement from those positions effective on September 1, 2013. Prior to that, he served as the Company's President and Chief Operating Officer and Vice President of Engineering. He originally joined the Company in 1969.

Daktronics Board of Directors announces James Morgan's retirement

BROOKINGS, S.D., Aug. 31, 2022 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported results for fiscal 2023 first quarter which ended July 30, 2022.

Daktronics, Inc. Announces First Quarter 2023 Results

Daktronics has an interesting line of business that focuses on scoreboards and types of digital displays and systems. Performance has largely been stuck in a fairly narrow range for most of the past few years.

Daktronics: A Unique Business With Some Upside Potential

Enters Into Cooperation Agreement with Prairieland Holdco, LLC Enters Into Cooperation Agreement with Prairieland Holdco, LLC

Daktronics, Inc. Announces Changes to Board of Directors

Daktronics, Inc. (NASDAQ:DAKT ) Q4 2022 Earnings Conference Call June 8, 2022 11:00 AM ET Company Participants Reece Kurtenbach - Chairman, President and CEO Sheila Anderson - Chief Financial Officer Conference Call Participants Operator Good day, ladies and gentlemen, and welcome to the Daktronics Fiscal Year 2022 Fourth Quarter Earnings Results Conference Call. As a reminder, this conference call is being recorded today, Wednesday, June 8, 2022 and is available on the company's website at www.daktronics.com.

Daktronics, Inc. (DAKT) CEO Reece Kurtenbach on Q4 2022 Results - Earnings Call Transcript

BROOKINGS, S.D., June 08, 2022 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported fiscal year and fourth quarter 2022 results.

Daktronics, Inc. Announces Fiscal Year and Fourth Quarter 2022 Results

BROOKINGS, S.D., May 25, 2022 (GLOBE NEWSWIRE) -- Daktronics Inc (Nasdaq – DAKT) announced today it will release its fiscal year and fourth quarter fiscal 2022 financial results on Wednesday, June 8, 2022 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 Fourth Quarter Fiscal 2022 Financial Results

BROOKINGS, S.D., March 10, 2022 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported its results for fiscal 2022 third quarter which ended January 29, 2022.

Daktronics, Inc. Announces Third Quarter Fiscal 2022 Results

Daktronics, Inc. presents itself as the world's industry leader in designing and manufacturing electronic scoreboards, display systems, and screen video displays. With know-how accumulated in the U.S., I believe that the company will most likely see a steady increase in its international sales in the coming years.

Daktronics: Stable CFO And Potential Internationalization Make The Stock A Buy

DAKT is currently experiencing an all-time high backlog for their products.

Daktronics: Industry Leader, Record Backlog Equates To Great Investment Opportunity

Daktronics, Inc. (DAKT) CEO Reece Kurtenbach on Q2 Fiscal 2022 Results - Earnings Call Transcript

News for Daktronics Stock (DAKT)