Tag: daktronics

Daktronics Investor Still Not Happy With Returns

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, Inc. Announces 2025 Fiscal Second Quarter Results

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 […]

A Matside Story – Daktronics Founders Interview

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 […]

Daktronics Intends to Convert $25 Million Convertible Note to Equity

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 […]

Daktronics Announces Next Steps in Ongoing Business Transformation Plan

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 […]

Collin Huber on Daktronics software investments

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 Revenue Down 2.8% in 1Q FY25

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 […]

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 […]