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Daktronics Inc (DAKT) Reports Mixed Q3 FY2024 Results Amidst Strong Order Growth [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
Gross Profit Margin : Improved to 24.5% from 22.6% in Q3 FY2023. Operating Income : Rose by 12.9% to $8.0 million in Q3 FY2024. Backlog : Decreased to $328.3 million from $400.7 million at the end of Q4 FY2023. Net Income : Increased to $10.7 million in Q3 FY2024 from $3.7 million in Q3 FY2023. Cash Flow : Generated $53.8 million from operations in the first nine months of FY2024. Warning! GuruFocus has detected 2 Warning Signs with DAKT. On February 28, 2024, Daktronics Inc ( NASDAQ:DAKT ) released its 8-K filing , detailing the financial results for its fiscal 2024 third quarter ended January 27, 2024. The company, a global leader in dynamic video communication displays and control systems, experienced a mixed quarter with a notable increase in product and service orders but a decline in sales compared to the record revenue of the previous year. Financial Performance and Challenges Daktronics Inc ( NASDAQ:DAKT ) reported a decrease in sales by 7.9% to $170.3 million Show less Read more
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