Recap: Daktronics Q1 Earnings
Shares of Daktronics (NASDAQ:DAKT) moved higher by 4% in pre-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share increased 6.25% year over year to $0.17, which beat the estimate of $0.06.
Revenue of $143,644,000 decreased by 20.31% from the same period last year, which missed the estimate of $165,410,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Price Action
52-week high: $7.95
Company's 52-week low was at $3.69
Price action over last quarter: down 10.20%
Company Description
Daktronics Inc designs and manufactures electronic scoreboards, programmable display systems, and large screen video displays for sporting, commercial and transportation applications. It is engaged in a full range of activities: marketing and sales, engineering and product design and development, manufacturing, technical contracting, professional services, and customer service and support. The company offers a complete line of products, from small scoreboards and electronic displays to large multimillion-dollar video display systems as well as related control, timing, and sound systems.
