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Stock impact report

Daktronics outlines 7%–10% annual growth target amid expanded manufacturing and strong backlog [Seeking Alpha]

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: Seeking Alpha
Interim President and CEO Bradley Wiemann stated, "We delivered another quarter of solid results, driving revenue and profit expansion through exemplary execution through the first half of the year." He emphasized the completion of Quick Insights Daktronics is expanding production with a new Mexico facility, launching innovative products, and emphasizing cost efficiencies and operational transformation to support double-digit growth targets through 2028. Key risks include high tariff expenses, seasonality in demand (especially Q3 softness), and reliance on backlog conversion, particularly in Live Events where order recognition spans multiple quarters. Margin gains are supported by operating efficiencies and value-added pricing, while backlog growth is concentrated in Live Events; sustainability depends on continued execution, innovation, and managing external cost risks like tariffs. Recommended For You More Trending News Show less Read more
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