Tag: Reece Kurtenbach

Daktronics Has Profitable 3Q FY 2024

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 1st Quarter Revenues Up 35%

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 […]

Daktronics, Inc. Set to Rejoin Russell 3000® Index

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 Reports Third Quarter Earnings – The Highlight is What is Not Included

BROOKINGS, S.D., March 08, 2023 (GLOBE NEWSWIRE) — Daktronics, Inc. (DAKT) today reported results for its fiscal 2023 third quarter which ended January 28, 2023. Q3 FY2023 financial highlights: Record third quarter net sales of $185.0 million, a 32.5 percent increase from the third quarter of fiscal 2022 Product order backlog […]

Daktronics Posts $12 Million Loss in 2Q FY 2023

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 […]

Daktronics, Inc. Announces First Quarter 2023 Results

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. Q1 FY2023 financial highlights: Net sales of $171.9 million, the highest quarterly conversion rate since the pandemic began Operating loss of $5.5 million attributable to […]

Daktronics Expands Factories to Support Demand for LED Displays

BROOKINGS, S.D. – March 14, 2022 – As demand in the audiovisual marketplace continues to rise, Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, is currently expanding production capabilities in multiple factory locations to support increased demand, including the doubling of Surface Mount Device (SMD) LED product lines. “We are excited to see such high […]

Daktronics Sales And Orders Are Up – Supply Chain is Still a Struggle

BROOKINGS, S.D., March 10, 2022 (GLOBE NEWSWIRE) — Daktronics, Inc. (DAKT) today reported its results for fiscal 2022 third quarter which ended January 29, 2022. Q3 FY2022 financial highlights: Net sales of $139.6 million as a result of record orders and eased pandemic related site restrictions Operating loss of $5.7 million realized due to […]

Daktronics Revenues Grow 30% for 3 Months Ended October 2021

Daktronics revenues have recovered from covid but supply chain issues are impacting the digital billboard maker’s profits.  Here are the results from the Daktronics 2Q FY 22 earnings release and earnings call for the 3 months ended October 31, 2021. Revenue increased by 30% to $165 million due to eased […]

Daktronics Revenue Up 1% in Quarter Ended July 31, 2021.

Digital billboard maker Daktronics has released financials results for the first quarter of FY 2022 (3 months ended July 31, 2021). Revenue increased 1% to $145 million. Net income declined from $7.5 million during the 3 months ended August 1, 2020 to $3.7 million during the 3 months ended July […]