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, 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 […]
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 […]
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 […]
Insider has been monitoring developments at Daktronics since their “Going Concern” announcement in December of last year. As we reported, there have been a number of attorneys focused on class action suits which was to be expected. This letter to the Board of Directors is a much more significant development. […]
38 digital OOH displays installed in the fall of 2022 in Doha BROOKINGS, S.D. – Jan. 13, 2023 – Daktronics partnered with Qatar’s Elan Media to design, manufacture and install 38 digital LED displays in Out of Home (OOH) locations in Doha in the fall of 2022. Located in […]
Lamar and OUTFRONT outperformed the market during the fourth quarter of 2022 while Clear Channel Outdoor lagged. Lamar was up 14%, OUTFRONT was up 10%, the S&P 500 was up 7% and Clear Channel Outdoor declined 23%. Delays in the sale of Clear Channel Europe and concerns about how a […]
It’s time for New Years resolutions and here are five New Years resolutions which will improve your out of home company in 2023. Install a digital billboard face. Billboard Insider is surprised at how many out of home companies there are which don’t have any digital faces. Most out of […]
A couple of developments after Daktronics’ earnings call going concern surprise. Class action law firms are circling. When any public company makes a big negative announcement, the class action law firms emerge from their burrows to compete for shareholders who feel they were injured by the announcement. Here is a […]
High-resolution LED canvas provides innovative interactive experiences at strategic location NEW YORK, NY – Dec. 14, 2022 – Heritage Outdoor Media recently worked with Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, to design and install an LED digital billboard with 8-millimeter resolution SMD (surface mounted device) technology. Located in the […]
