Tag: Tarriffs

Daktronics Reports Decreased Revenue and Profit in 1Q fiscal 2019

Daktronics reported financials for the first quarter of fiscal 2019 (3 months ended July 28, 2018). Sales declined 11% to $154M for the quarter.  Net income declined 45% to $4.6M for the quarter. Daktronics CEO, Reece Kurtenbach led off his portion of Tuesday’s earnings call by stating: “Our first quarter financial results […]