Insider has been monitoring developments at Daktronics since their “Going Concern” announcement in December of last year. As we reported, there have been a number of attorneys focused on class action suits which was to be expected. This letter to the Board of Directors is a much more significant development. […]
38 digital OOH displays installed in the fall of 2022 in Doha BROOKINGS, S.D. – Jan. 13, 2023 – Daktronics partnered with Qatar’s Elan Media to design, manufacture and install 38 digital LED displays in Out of Home (OOH) locations in Doha in the fall of 2022. Located in […]
Lamar and OUTFRONT outperformed the market during the fourth quarter of 2022 while Clear Channel Outdoor lagged. Lamar was up 14%, OUTFRONT was up 10%, the S&P 500 was up 7% and Clear Channel Outdoor declined 23%. Delays in the sale of Clear Channel Europe and concerns about how a […]
It’s time for New Years resolutions and here are five New Years resolutions which will improve your out of home company in 2023. Install a digital billboard face. Billboard Insider is surprised at how many out of home companies there are which don’t have any digital faces. Most out of […]
A couple of developments after Daktronics’ earnings call going concern surprise. Class action law firms are circling. When any public company makes a big negative announcement, the class action law firms emerge from their burrows to compete for shareholders who feel they were injured by the announcement. Here is a […]
High-resolution LED canvas provides innovative interactive experiences at strategic location NEW YORK, NY – Dec. 14, 2022 – Heritage Outdoor Media recently worked with Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, to design and install an LED digital billboard with 8-millimeter resolution SMD (surface mounted device) technology. Located in the […]
Here are the results from Daktronics earnings release and earnings call for the second quarter of fiscal year 2023 (3 months ended October 29, 2022). Revenue increased by 14% to $187 million for the second quarter of fiscal 2023. The company had a net loss of $12 million for the […]
Billboard Insider has picked up more information related to our Daktronics story from yesterday. First is a press release from Daktronics on an addition to their Board of Directors. Here is a portion of that release. BROOKINGS, S.D., Dec. 07, 2022 (GLOBE NEWSWIRE) — Daktronics, Inc. (NASDAQ – DAKT) today […]
Yesterday the digital billboard maker Daktronics delayed the release of financial statements for the quarter ended October 29, 2022 until December 12. Here is the Daktronics 8k released in connection with the delay. Billboard Insider has highlighted two sections in bold. On December 5, 2022, management of Daktronics, Inc. (the […]
Book Your Billboard operates a 35 face billboard plant in the Sioux Falls Area. The company’s co-owners Doug Muth and Zach Neugebauer were interviewed on the Daktronics Experience podcast. Some of the highlights. The billboard business isn’t a passive income real estate play Once you’re in it you realize you […]
