Clemmons, N.C. – Apr. 12, 2024 – Visible Outdoor recently installed Clemmons, North Carolina’s first digital billboard, after working with the city to clear up municipal zoning ordinance discrepancies. Joseph Stancil, owner and operator of Visible Outdoor, was committed to getting the display installed to provide the best possible […]
Revenue declined, but Daktronics was profitable during the 3rd quarter of fiscal 2024 (3 months ended January 27, 2024). Here are the results of the Daktronics 3Q FY 24 earnings release, Daktronics 3Q 24 earnings deck and investor call. Revenue declined 8% to $170 million although the company was up […]
Daktronics has been on a roll and that trend continues with the reporting of their second quarter results. Here are select information from both their earnings press release and their investor call held yesterday. Q2 FY2024 financial highlights: Sales of $199.4 million, a 6.4 percent increase from the second quarter […]
Two LED video displays welcome and inform visitors in Los Angeles BROOKINGS, S.D. – Nov. 27, 2023 – Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, has partnered with Ovation Hollywood, formerly known as Hollywood & Highland, in conjunction with Consumer Experience Group (CEG), to manufacture and deliver two LED video displays […]
For a Billboard Insider reader, the turnaround seemed to start with the news of a delayed earnings release back in early December 2022. For Daktronics though, their efforts had started much earlier than that, as they focused on shoring up supply chain issues, a large order backload and short term […]
Highlights from Daktronics fiscal first quarter press release. 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. Q1 FY2024 financial highlights: Record first quarter net sales of $232.5 million, a 35.3 percent increase from the first quarter of fiscal […]
BROOKINGS, S.D. – Aug. 22, 2023 – Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, announces that Don Nolan has joined the Daktronics out of home sales team. Nolan joined Daktronics in July 2023 to serve customers in the out of home (OOH) industry in the Great Lakes and Mid-Atlantic region. He […]
Insider’s Comments: Outstanding 4th quarter and year end results for the digital billboard maker Daktronics. The market liked what they heard as the stock was up 20% for the day closing at $7.33. Here are highlights from their press release. BROOKINGS, S.D., July 12, 2023 (GLOBE NEWSWIRE) — Daktronics, Inc. […]
BROOKINGS, S.D., June 20, 2023 (GLOBE NEWSWIRE) — Daktronics, Inc. (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. Annual Russell indexes […]
Daktronics announced at the end of last week, they had closed on a 3 year $75 million senior secured credit facility with JP Morgan Chase. This is great news for the Company as it will replace and enhance a $35 million credit facility they had with U.S. Bank. In their […]
