Tag: daktronics

Daktronics Dominates the NBA Market

Insider shared an article in July about the LA Clippers’ Intuit Dome double-sided halo display built by Daktronics. Yesterday Daktronics announced they were selected by Crypto.com Arena in Los Angeles to manufacture and install a new center-hung scoreboard: a six-display, 5,500-square-foot configuration featuring 41.7 million pixels that will hang above […]

L.A. Clippers Show Off Intuit Dome’s Halo Board

The LA Clippers’ Intuit Dome double-sided halo display will feature approximately 38,375 square feet of digital canvas – that’s more than 3,592 60-inch televisions and more than 233 million LEDs. The Clippers specifically designed and engineered the Intuit Dome roof to accommodate the unique Halo Board, optimizing sightlines from all […]

What Daktronics Financials Say About the Digital Billboard Market

If you want to understand the digital billboard market you need to follow Daktronics commercial division which includes roadside digital billboards and spectaculars.  Daktronics released 4Q FY 24 earnings last week.  Consolidated revenue and orders were up 3%  and 15%, respectively for 4Q FY 24, but commercial sales and commercial […]

SignValue on Daktronics, Inc. Record Fiscal Year

Here are highlights from Daktronics’ 4th quarter and fiscal year 2024 press release. Fiscal Q4 and full year 2024 financial highlights: Sales increased to a new record of $215.9 million for the fiscal fourth quarter, a 2.9 percent increase compared to the fiscal 2024 fourth quarter’s record revenue; full-year sales […]

Visible Outdoor Works with Municipality to Install Digital Billboard

  Clemmons, N.C. – Apr. 12, 2024 – Visible Outdoor recently installed Clemmons, North Carolina’s first digital billboard, after working with the city to clear up municipal zoning ordinance discrepancies. Joseph Stancil, owner and operator of Visible Outdoor, was committed to getting the display installed to provide the best possible […]

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 Continues Strong Financial Performance

Daktronics has been on a roll and that trend continues with the reporting of their second quarter results.  Here are select information from both their earnings press release and their investor call held yesterday. Q2 FY2024 financial highlights: Sales of $199.4 million, a 6.4 percent increase from the second quarter […]

Ovation Hollywood Brought to Light with Daktronics LED Displays

Two LED video displays welcome and inform visitors in Los Angeles BROOKINGS, S.D. – Nov. 27, 2023 – Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, has partnered with Ovation Hollywood, formerly known as Hollywood & Highland, in conjunction with Consumer Experience Group (CEG), to manufacture and deliver two LED video displays […]

Daktronics CFO Sheila Anderson on Daktronics Bright Future

For a Billboard Insider reader, the turnaround seemed to start with the news of a delayed earnings release back in early December 2022. For Daktronics though, their efforts had started much earlier than that, as they focused on shoring up supply chain issues, a large order backload and  short term […]

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 […]