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 […]
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 […]
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 […]
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 […]
BROOKINGS, S.D. – Aug. 22, 2023 – Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, announces that Don Nolan has joined the Daktronics out of home sales team. Nolan joined Daktronics in July 2023 to serve customers in the out of home (OOH) industry in the Great Lakes and Mid-Atlantic region. He […]
Insider’s Comments: Outstanding 4th quarter and year end results for the digital billboard maker Daktronics. The market liked what they heard as the stock was up 20% for the day closing at $7.33. Here are highlights from their press release. BROOKINGS, S.D., July 12, 2023 (GLOBE NEWSWIRE) — Daktronics, Inc. […]
BROOKINGS, S.D., June 20, 2023 (GLOBE NEWSWIRE) — Daktronics, Inc. (DAKT) is set to rejoin the broad-market Russell 3000 Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens next Monday, June 26, according to a preliminary list of additions. Annual Russell indexes […]
Daktronics announced at the end of last week, they had closed on a 3 year $75 million senior secured credit facility with JP Morgan Chase. This is great news for the Company as it will replace and enhance a $35 million credit facility they had with U.S. Bank. In their […]
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 […]
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 […]
