Insider’s Note: Shown below are highlights from Daktronics reporting of 4th quarter and fiscal year end results. FY2025 Operating Profit of $33 million; Adjusted Operating Profit of $50 million FQ4 Operating Loss of $2 million; Adjusted Operating Income of $6 million FQ4 Orders +29% Sequentially and +17% YoY; Year-end Product Backlog of $342 million up 8% […]
Tag: daktronics
Daktronics Selected as Tennessee Titans Digital Partner
BROOKINGS, S.D., April 21, 2025 (GLOBE NEWSWIRE) — Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, has been selected as the official large display partner of the Tennessee Titans and will manufacture and install 37 displays totaling more than 77,000 square feet at the team’s newly constructed Nissan Stadium set to open in 2027. […]
Daktronic’s Reece Kurtenbach Steps Down as Chairman, President and CEO
Daktronics announced that Reece Kurtenbach is stepping down from his roles as President, CEO and Chairman of the Company’s Board of Directors (the “Board”), effective at close of business on March 5, 2025. Mr. Kurtenbach will remain involved with the business in an advisory role supporting Daktronics’ digital transformation plan. […]
Daktronics and Alta Fox Enter into Cooperation Agreement
Daktronics to Appoint Peter Feigin to the Board Daktronics Confirms Its Commitment to An Investor Day in 2025 Alta Fox to Withdraw Litigation and Support Reincorporation to Delaware BROOKINGS, S.D., March 03, 2025 (GLOBE NEWSWIRE) — Daktronics, Inc. (“Daktronics,” the “Company,” “we,” or “us”) (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control systems […]
Tariffs Mean Higher Costs for Out of Home Companies
The Trump administration is implementing a 25% tariff on imports from Canada and Mexico and a 10% additional tariff on imports from China. Billboard Insider asked some out of home industry suppliers what they think this means for costs. Jason Mallory, General Manager, Lindmark Steel The price of steel is […]
Daktronics Unveils their Latest Digital Billboard Technology
Increasing operational efficiency with lifetime image quality BROOKINGS, S.D. – Feb. 12, 2025 – Daktronics (NASDAQ-DAKT), a global leader in digital display technology, releases the next generation of digital billboard technology for the out of home (OOH) market. The DB-7000 builds on a legacy of proven reliability and introduces cutting-edge energy-efficient technology […]
Alta Fox Files Federal Lawsuit Against Daktronics and CEO
February 05, 2025 03:00 AM Pacific Standard Time DALLAS–(BUSINESS WIRE)–Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the largest shareholder of Daktronics, Inc. (NASDAQ: DAKT) (“Daktronics” or the “Company”) based on its beneficial ownership interest on a fully converted basis of 11.7% of the Company’s […]
Daktronics Comments on Litigation from Alta Fox Capital
Insider Note: And in return, Daktronics replies: BROOKINGS, S.D.,Feb. 05, 2025 (GLOBE NEWSWIRE) — Daktronics, Inc. (“Daktronics,” the “Company,” “we” or “us”) (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, today issued the following statement regarding the recent public comments […]
Anchor Capital Supports Governance Enhancements at Daktronics
January 27, 2025 05:00 AM Pacific Standard Time BOSTON, MA–(BUSINESS WIRE)–Anchor Capital Advisors, LLC (collectively with its affiliates, “Anchor Capital”), which is a shareholder of Daktronics, Inc. (NASDAQ: DAKT) (“Daktronics” or the “Company”), today issued the following statement regarding its support of shareholder-driven governance enhancements at Daktronics: “Anchor Capital appreciates […]
Daktronics Moving Legal Jurisdiction to Delaware
January 21, 2025 09:25 ET | Source: Daktronics, Inc. Shareholders to Vote on a Proposal to Reincorporate the Company in Delaware Reaffirms Commitment to Maintaining Headquarters and Operations in South Dakota BROOKINGS, S.D., Jan. 21, 2025 (GLOBE NEWSWIRE) — Daktronics, Inc. (“Daktronics,” the “Company,” “we” or “us”) (NASDAQ-DAKT), the leading […]