Tag: daktronics

Daktronics Jeremy Johnson on the Supply Chain

At last weeks IBO Conference, we were fortunate to have Jeremy Johnson, Global Business Development Manager for Daktronics on a panel discussion we moderated.  Insider asked Jeremy to bring us his thoughts on the supply chain and below is a summation of his comments in what proved to be an […]

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 […]

Lawyers Have Daktronics Deadline This Week

This week brings a deadline for several attorneys vying to be the lead plaintiff on behalf of persons or entities who purchased or otherwise acquired Daktronics securities between March 10, 2022 and December 6, 2022, and want to be represented in a class action lawsuit. The proposed lawsuit would seek […]

Daktronics Delivers a Double Video Display Experience at SOHO Estates

Two LED displays added to building’s exterior to delight audiences BROOKINGS, S.D. – Feb. 15, 2023 – Daktronics has partnered with SOHO Estates Portfolio Limited to deliver an enhanced visual experience on the exterior of its building in London. The installation is currently taking place and will soon be switched […]

Football’s Big Game Held at Daktronics-Equipped Venue in Arizona

State Farm Stadium installed new end zone display, ribbon displays ahead of hosting this year’s football championship   BROOKINGS, S.D. – Feb. 6, 2023 – Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, has equipped many football stadiums with LED displays and technology to support live events of all kinds and to enhance the […]

Daktronics Stock Rising

Digital billboard manufacturer Daktronics stock rose 8% yesterday to close at $4.01.  The stock has recovered any losses which occurred after the December going concern announcement and is now back to where it was last August.     Billboard Insider’s take:   Daktronics stock has more than recovered from any losses […]

Daktronics Receives Another Alta Fox Letter

Looks as if Daktronics’ successful extension of their U.S. Bank led credit facility was not enough for Connor Haley, Managing Partner of Alta Fox Capital Management.  Shortly after Daktronics’ announcement, Alta Fox sent the following letter  to The Strategy and Financing Review Committee of the Board of Directors. Some thoughts […]

Daktronics is Hiring

Daktronics, the South Dakota headquartered digital billboard manufacturer, is looking for more workers to help it meet a record $400 million backlog.  Billboard Insider found 102 open Daktronics positions on Linked in during a search yesterday.  Here’s a KELO news story on the company which talks about Daktronics history, recent […]

Good News For Daktronics

Daktronics Reaches Agreement to Extend Near-Term Credit Facility Maturity Jan. 25, 2023 9:04 AM ET Daktronics, Inc. (DAKT) GlobeNewswire BROOKINGS, S.D., Jan. 25, 2023 (GLOBE NEWSWIRE) — Daktronics, Inc. (DAKT) today announced it has entered into an amendment to its credit agreement with its current lender, U. S. Bank National […]

Why Alta Fox May Be a Concern to Daktronics Management

Alta Fox Capital Management is led by Connor Haley. Connor describes his investment philosophy as trying to find high quality businesses that are misunderstood by the market.  Prior to investing, the Alta Fox team typically does extensive diligence with a business, including meeting with the management team to determine if […]