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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Daktronics, Inc. (NASDAQ: DAKT) reported second-quarter net sales growth of 29.1% year-over-year to $164.48 million, attributable to strong demand and eased pandemic-related site restrictions, beating the consensus of $146.90 million. Orders in the quarter grew 20.7% Y/Y to $163.7 million, driven by increased market activity.

Daktronics Clocks 29% Revenue Growth In Q2; Warns On Near-Term Volatility

BROOKINGS, S.D., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported results for fiscal 2022 second quarter which ended October 30, 2021.

Daktronics, Inc. Announces Second Quarter Fiscal 2022 Results

BROOKINGS, S.D., Nov. 19, 2021 (GLOBE NEWSWIRE) -- Daktronics, Inc. (Nasdaq - DAKT) today announced that its Board of Directors approved an amendment to its Rights Agreement, extending its expiration to November 19, 2024 and changing the exercise price to $20.00.

Daktronics, Inc. Extends Shareholder Rights Plan

BROOKINGS, S.D., Nov. 16, 2021 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today it will release its second quarter fiscal 2022 financial results on Wednesday, December 1, 2021 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 2022 Financial Results

4K resolution, 48.6-million-pixel centerhung coming to Boston in fall of 2021 4K resolution, 48.6-million-pixel centerhung coming to Boston in fall of 2021

Centerhung at TD Garden Gets Sizable Upgrade from Daktronics

BROOKINGS, S.D., Sept. 15, 2021 (GLOBE NEWSWIRE) -- As daily life slowly returns to normal and traffic picks up in downtown Chicago, Lamar Advertising Company (NASDAQ-LAMR) recently upgraded 18 digital displays with LED digital displays from Daktronics (NASDAQ-DAKT) of Brookings, South Dakota.

Lamar Advertising Upgrades 18 Digital Displays in Downtown Chicago

BROOKINGS, S.D., Sept. 01, 2021 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported results for fiscal 2022 first quarter which ended July 31, 2021.

Daktronics, Inc. Announces First Quarter Fiscal 2022 Results

Daktronics, Inc. (DAKT) CEO Reece Kurtenbach on Q4 2021 Results - Earnings Call Transcript

BROOKINGS, S.D., June 09, 2021 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported fiscal year and fourth quarter 2021 results. Daktronics reported fiscal year 2021 net sales of $482.0 million, operating income of $17.1 million, net income of $10.9 million, and earnings per diluted share of $0.24. This compares to net sales of $608.9 million, operating loss of $0.2 million, and net income of $0.5 million, or $0.01 earnings per diluted share for fiscal 2020. Fiscal 2021 orders were $515.9 million compared to $620.8 million for fiscal 2020.

Daktronics, Inc. Announces Fiscal Year and Fourth Quarter 2021 Results

BROOKINGS, S.D., June 02, 2021 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) announces the retirement of Robert G. Dutcher and Byron J. Anderson both effective on September 1, 2021. Dutcher and Anderson have served on the Daktronics board of directors since 2002 and 2005, respectively.

Daktronics board of directors announces board retirements and nominations

BROOKINGS, S.D., May 25, 2021 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT) announced today it will release its fourth quarter fiscal 2021 financial results on Wednesday, June 9, 2021 before the market opens. The Company will host a conference call and webcast for all interested parties at 10:00 AM CDT that day.

Daktronics, Inc. to Release Fourth Quarter Fiscal 2021 Financial Results

New York's Highest Resolution Scoreboard Display System to Be Installed For 2021-2022 NHL Season

UBS Arena Selects Daktronics to Install 45 HDR Capable LED Displays at World Class Venue at Belmont Park

BROOKINGS, S.D., March 03, 2021 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported fiscal 2021 third quarter results. Daktronics reported fiscal 2021 third quarter net sales of $94.1 million, operating loss of $0.2 million, net loss of $0.2 million, and earnings per diluted share of $0.00. This compares to net sales of $127.7 million, operating loss of $9.2 million, net loss of $12.7 million, and $0.28 per diluted share, for the third quarter of fiscal 2020. Fiscal 2021 third quarter orders were $86.9 million, compared to $135.0 million for the third quarter of fiscal 2020. Product order backlog at the end of the fiscal 2021 third quarter was $195 million, compared to $187 million a year earlier and $201 million at the end of the second quarter of fiscal 2021.(1)

Daktronics, Inc. Announces Third Quarter Fiscal 2021 Results

Daktronics has a strong history of profitability, innovation, and growth. The pandemic has certainly hit the company hard.

Daktronics: A Post-Pandemic Winner

New centerhung, lobby and auxiliary displays bring more than 14,600 square feet of digital space to venue New centerhung, lobby and auxiliary displays bring more than 14,600 square feet of digital space to venue

Daktronics Partners with Phoenix Suns for Venue-Wide LED Super System

Patience is a virtue, but this investment has worn me down over the years. Is it time to sell this stock?

Is There Any Light at the End of This Tunnel for Daktronics?

Daktronics, Inc. (DAKT) CEO Reece Kurtenbach on Q2 2021 Results - Earnings Call Transcript

Shares of Daktronics (NASDAQ:DAKT) fell 1.1% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were down 50.00% over the past year to $0.08, which beat the estimate of $0.04.

Daktronics: Q2 Earnings Insights

BROOKINGS, S.D., Dec. 02, 2020 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported fiscal 2021 second quarter results. Daktronics reported fiscal 2021 second quarter net sales of $127.4 million, operating income of $6.7 million, net income of $3.4 million, and earnings per diluted share of $0.08. This compares to net sales of $174.9 million, operating income of $4.8 million, net income of $7.3 million, and $0.16 per diluted share, for the second quarter of fiscal 2020. Fiscal 2021 second quarter orders were $135.7 million, compared to $151.1 million for the second quarter of fiscal 2020. Product order backlog at the end of the fiscal 2021 second quarter was $201 million, compared to $182 million a year earlier and $192 million at the end of the first quarter of fiscal 2021.( 1)

Daktronics, Inc. Announces Second Quarter Fiscal 2021 Results

BROOKINGS, S.D., Nov. 23, 2020 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT) announced today it will release its second quarter fiscal 2021 financial results on Wednesday, December 2, 2020 before the market opens. The Company will host a conference call and webcast for all interested parties at 10:00 AM CDT that day.

Daktronics, Inc. to Release Second Quarter Fiscal 2021 Financial Results

CHICAGO & BROOKINGS, S.D.--(BUSINESS WIRE)--Stats Perform, the SportsTech leader in data and AI and technology, and Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, today announced a partnership to deliver the latest in data visualizations for digital signage both in and outside sporting venues.

Daktronics and Stats Perform Partner to Generate Captivating Graphics Packages for In-Arena and Out of Home Digital Signage

Shares of Daktronics (NASDAQ:DAKT) moved higher by 4% in pre-market trading after the company reported Q1 results.

Recap: Daktronics Q1 Earnings

BROOKINGS, S.D., Aug.  26, 2020  (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported fiscal 2021 first quarter results.  Daktronics reported fiscal 2021 first quarter net sales of $143.6 million, operating income of $9.5 million, and net income of $7.5 million, and earnings per diluted share of $0.17.  This compares to net sales of $180.3 million, operating income of $7.6 million, and net income of $7.0 million, or $0.16 per diluted share, for the first quarter of fiscal 2020.  Fiscal 2021 first quarter orders were $122.2 million, compared to $187.5 million for the first quarter of fiscal 2020.  Product order backlog at the end of the fiscal 2021 first quarter was $192 million, compared to $207 million a year earlier and $212 million at the end of the fourth quarter of fiscal 2021.(1)

Daktronics, Inc. Announces First Quarter Fiscal 2021 Results

All six displays feature 10-millimeter pixel spacing All six displays feature 10-millimeter pixel spacing

Daktronics Partners With Austin FC for LED Super System in New Stadium

Introducing Big Stream Introducing Big Stream

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