Daktronics, Inc. (DAKT) News
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Latest DAKT News From Around the Web
Below are the latest news stories about DAKTRONICS INC that investors may wish to consider to help them evaluate DAKT as an investment opportunity.
Is Daktronics, Inc.'s (NASDAQ:DAKT) Latest Stock Performance A Reflection Of Its Financial Health?Daktronics' (NASDAQ:DAKT) stock is up by a considerable 29% over the past three months. Given that the market rewards... |
Cree LED and Daktronics Enter Licensing Agreement for LED Display TechnologyDURHAM, N.C., December 17, 2024--Cree LED and Daktronics announced a multi-year, global patent license agreement effective Dec 2024 to Daktronics for Cree LED’s patented technology. |
Daktronics' (NASDAQ:DAKT) Soft Earnings Are Actually Better Than They AppearThe market was pleased with the recent earnings report from Daktronics, Inc. ( NASDAQ:DAKT ), despite the profit... |
Alta Fox Corrects the Record Regarding Daktronics’ Misleading StatementsDALLAS, December 11, 2024--Alta Fox Capital Management, LLC (together with its affiliates, "Alta Fox" or "we"), the largest shareholder of Daktronics, Inc. (NASDAQ: DAKT) ("Daktronics" or the "Company") based on its beneficial ownership interest on a fully converted basis of 11.7% of the outstanding shares, today issued the following statement to correct misleading claims from the Company regarding Alta Fox’s motives and recent actions: |
Daktronics Comments on Presentation and Public Statements from Alta FoxHighlights Alta Fox’s Self-Serving Campaign to Pressure the Daktronics Board into Taking Actions that Would Favor Alta Fox as a CreditorBROOKINGS, S.D., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (“Daktronics” or the “Company”) (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, today issued the following statement regarding the recent press release and public comments from Alta |
Alta Fox Releases Presentation on Daktronics Delivered at Bloomberg Activism Forum 2024DALLAS, December 10, 2024--Alta Fox Capital Management, LLC (together with its affiliates, "Alta Fox" or "we"), the largest shareholder of Daktronics, Inc. (NASDAQ: DAKT) ("Daktronics" or the "Company") based on its beneficial ownership interest on a fully converted basis of 11.7% of the outstanding shares, today released a presentation that details a clear path to unlocking the full potential of the Company. The presentation, a similar version of which was delivered by Alta Fox Founder and Mana |
Daktronics Inc (DAKT) Q2 2025 Earnings Call Highlights: Record Cash Generation Amidst Revenue GrowthDaktronics Inc (DAKT) reports a strong fiscal second quarter with increased revenue and significant cash flow, despite challenges in order volume and geopolitical uncertainties. |
Daktronics to Present at The Benchmark Company’s Upcoming Discovery One-on-One Investor ConferenceBROOKINGS, S.D., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (Nasdaq: DAKT), a leading global designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide today announced that Reece Kurtenbach, Chief Executive Officer and Sheila Anderson, Chief Financial Officer will be presenting at The Benchmark Company’s 13th Annual Discovery One-on-One Investor Conference to be held Wednesday, December 11th, 2024 at the New York Athletic C |
Why Daktronics Stock Jumped TodayShares of Daktronics (NASDAQ: DAKT) surged higher on Wednesday, powered by an impressive earnings report. Daktronics reported an adjusted net income of $13.9 million, or $0.27 per diluted share, for the period ended Oct. 26, matching the year-ago figure. The modest year-over-year sales increase and steady earnings per share may seem disappointing without that context, but it should be noted that the year-ago period was a soaring success. |
Daktronics Rallies As Q2 Earnings Beat Estimates, Big Installs Shine BrightDaktronics, Inc. (NASDAQ:DAKT) shares are trading higher following second-quarter results. Sales rose 4.5% year over year to $208.33 million, beating the consensus of $202.59 million, led by comparatively higher volumes in the Commercial, Live Events and, Transportation business units. Orders fell 3.3% due to lower orders in the Live Events, Transportation, and International business units. The product order backlog was $236.0 million as of October 26, 2024. Product and service orders for the qu |