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Stock impact report

Daktronics, Inc. Announces 2024 Fiscal Third Quarter Results [Yahoo! Finance]

Daktronics, Inc. (DAKT) 
Last daktronics, inc. earnings: 5/29 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.daktronics.com
Company Research Source: Yahoo! Finance
dynamic video communication displays and control systems for customers worldwide, today reported results for its fiscal 2024 third quarter which ended January 27, 2024. Q3 FY2024 financial highlights: Year-to-date product and service orders were $534.4 million , an increase of 6.6 percent as compared to $501.4 million in the same period of fiscal 2023; during the third quarter of fiscal 2024, new product and service orders were $192.1 million, a 29.4 percent increase from $148.4 million in the year-earlier period Sales of $170.3 million, a 7.9 percent decrease from the third quarter of fiscal 2023; the year-ago period's record revenue was driven by high backorder fulfillment as a result of recovery from pandemic-related supply chain challenges and labor availability Gross profit as a percentage of net sales of 24.5 percent as compared to 22.6 percent in the third quarter of fiscal 2023 Operating income of $8.0 million, a 12.9 percent increase as compared to $7.1 million in t Show less Read more
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