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0.00358262427227937 0.00358262427227937 0.000895656068069842 0.00268696820420953 0.0071652485445589 0.0071652485445589 -0.00515002239140179 -0.00895656068069858
Stock impact report

Daktronics Q3 Earnings Call Highlights [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
remained above $200 million for the quarter, and backlog climbed to $342 million (up ~25% YoY) with particularly strong wins in Live Events and a record quarter for Transportation bookings. Margins and profitability: Gross margin was essentially flat year-over-year at 24% but fell sequentially from 27% due to fixed-cost absorption and about $6 million of tariff expense; net income was $3 million ($0.06/share) and adjusted net income was $4.6 million after one-time transition and acquisition costs. Strategic investments and balance sheet actions: Daktronics acquired IP and engineering talent from X Display Company to boost micro-LED capabilities, repurchased ~1.3 million shares (WAP $17.60) with ~$17 million remaining authorization, finished the quarter with $144 million cash and no borrowings, and is progressing a Mexico facility expected to be operational in FY2027. Interested in Daktronics, Inc.? Here are five stocks we like better. This Is Why Daktronics Fell 40% In One Day Show less Read more
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