Daktronics licenses Cree LED’s patented technology in a multi-year global agreement announced today. (Photo: Business Wire) December 17, 2024 07:15 AM Pacific Standard Time DURHAM, N.C.–(BUSINESS WIRE)–Cree LED, a Penguin Solutions brand (Nasdaq: PENG), and Daktronics (Nasdaq: DAKT), today announced a multi-year, global patent license agreement effective December 2024. With limited exceptions, this agreement […]
Billboard Insider’s Note: It had been quiet for a few days since Alta Fox went public with their concerns about Daktronics. Yesterday another investment group, Breach Inlet Capital, LP, went public voicing their support of Alta Fox and their shared concerns about Daktronics management. Here is their letter. Dear Members […]
Yesterday we shared that the largest shareholder in Daktronics, Alta Fox Capital, was not happy with the Board and Management at Daktronics. Things heated up on Wednesday as Daktronics provided their thoughts and Alta Fox quickly countered. First, comments from a Daktronics public letter: BROOKINGS, S.D., Dec. 11, 2024 (GLOBE […]
If Insider told you, your investment in a company would gain 132% in a year, we would expect that might make you smile. Apparently not, Alta Fox Capital who we have written about over the last few years and who holds a 12% ownership in Daktronics on a fully converted […]
Daktronics noted in their press release yesterday, they have been generating record cash flows based on strong sales growth. Here are highlights from their release. Fiscal Q2 2025 financial highlights include: Sales of $208.3 million, a 4.5 percent increase from the second quarter of fiscal 2024, and fiscal year-to-date sales […]
With Daktronics releasing earnings this week, it got Insider wandering through some of Daktronics historical files. We found this great story by founders Dr. Al Kurtenbach and Dr. Duane Sander as they talk about the scoreboard that put them on the map – the Matside wrestling scoreboard. To receive […]
BROOKINGS, S.D., Nov. 08, 2024 (GLOBE NEWSWIRE) — Daktronics, Inc. (“Daktronics” or the “Company”) (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 announced that, after careful deliberation, the Board of Directors (the “Board”) has determined that it is […]
Sheila Anderson Named to Newly Created Role of Chief Data and Analytics Officer to Lead Digital Transformation BROOKINGS, S.D., Oct. 21, 2024 (GLOBE NEWSWIRE) — Daktronics Inc (“Daktronics” or the “Company”) (Nasdaq – DAKT) today announced the next phase of its ongoing business transformation plan to accelerate profitable growth, increase profit margins, and drive […]
On last week’s earnings call Daktronics CEO Reece Kurtenbach highlighted that Daktronics is investing in the customer service software and the software which runs daktronics products. Billboard Insider asked Daktronics Out of Home Advertising Market Manager Collin Huber the impact this might have on Daktronic’s digital billboard customers and Huber […]
Daktronics had a loss in the first quarter of fiscal 2025 caused by a non-operating charge on a convertible note. Here are the results of Daktronics earnings release for the first quarter of final 2025 (3 months ended July 27, 2024) and conference call. Revenues declined to $226 million due […]
