Tag: Reece Kurtenbach

Daktronics Reports Decreased Revenue and Profit in 1Q fiscal 2019

Daktronics reported financials for the first quarter of fiscal 2019 (3 months ended July 28, 2018). Sales declined 11% to $154M for the quarter.  Net income declined 45% to $4.6M for the quarter. Daktronics CEO, Reece Kurtenbach led off his portion of Tuesday’s earnings call by stating: “Our first quarter financial results […]

Daktronics revenues down for 4Q fiscal 18.

“While overall results for fiscal 2018 were below expectations, we remain optimistic for the future.”  That’s how digital billboard manufacturer Daktronics CEO Reece Kurtenbach summarized the firm’s fiscal 2018 performance.  Here are the results from last week’s earnings release and seeking alpha earnings call transcript. Sales for the 3 months ended […]

Daktronics net up 50% on 10% revenue growth

Here are the highlights from yesterday’s Daktronics first quarter fiscal 2017 earnings release and conference call transcript. Revenue increased by 10% to $172 million for the 3 months ended July 29, 2017 as improvements in the firm’s Live Events and Transportation business offset declines in the Commercial and International business […]