Daktronics | Jotup

Daktronics, Inc. Announces 2024 Fiscal Third Quarter Results

Retrieved on:

Wednesday, February 28, 2024

Live, International, Agility, House, Growth, Plant, Commercial, Daktronics, Webcast, Central Time, Kurtenbach, Transport, Recreation, Video game

Fiscal 2024 fourth quarter net sales are expected to increase sequentially as compared to the third quarter in fiscal year 2024 and decrease from the year-ago period, which was again a high-volume period in which we were fulfilling backorders related to pandemic recovery.

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Fiscal 2024 fourth quarter net sales are expected to increase sequentially as compared to the third quarter in fiscal year 2024 and decrease from the year-ago period, which was again a high-volume period in which we were fulfilling backorders related to pandemic recovery.
Net sales for the third quarter of fiscal 2024 decreased by 7.9 percent as compared to the third quarter of fiscal 2023.
Operating expenses decreased 2.6 percent to $33.7 million in the third quarter of fiscal 2024 as compared to $34.6 million for the third quarter of fiscal 2023.
This decrease is primarily attributable to recording a $4.6 million non-cash goodwill impairment charge during the third quarter of fiscal 2023 that was not repeated in the third quarter of fiscal 2024.

Daktronics, Inc. to Release Third Quarter Fiscal 2024 Financial Results

Retrieved on:

Tuesday, February 20, 2024

Internet, PIN, Webcast, Daktronics

BROOKINGS, S.D., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (Nasdaq – DAKT) announced today it will release its third quarter fiscal 2024 financial results on Wednesday, February 28, 2024 before the market opens.

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BROOKINGS, S.D., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (Nasdaq – DAKT) announced today it will release its third quarter fiscal 2024 financial results on Wednesday, February 28, 2024 before the market opens.
The Company will host a conference call and webcast for all interested parties at 10:00 AM CT that day.
Reece A. Kurtenbach, Chief Executive Officer, and Sheila M. Anderson, Chief Financial Officer, will host the conference call, which will contain forward-looking statements and other material information.
To listen to the earnings call by phone, participants must pre-register at Daktronics Earnings Call Registration .

Global Digital Signage Market to Reach $44.72 Billion by 2030 Owing To Increasing Demand for Digital Advertising | Says Coherent Market Insights

Retrieved on:

Tuesday, February 20, 2024

Additionally, the cost-effectiveness and flexibility offered by digital signage compared to traditional advertising methods have also contributed to its growing popularity.

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Additionally, the cost-effectiveness and flexibility offered by digital signage compared to traditional advertising methods have also contributed to its growing popularity.
AI-powered digital signage systems can analyze audience demographics and behavior, enabling advertisers to deliver personalized and targeted content.
Interactive Digital Signage: The increasing trend of interactive digital signage is another significant development in the market.
Video screens, digital posters, kiosks, and other types of digital signage solutions are also gaining traction in the market.

Global Digital Signage Market to Reach $44.72 Billion by 2030 Owing To Increasing Demand for Digital Advertising | Says Coherent Market Insights

Retrieved on:

Tuesday, February 20, 2024

Additionally, the cost-effectiveness and flexibility offered by digital signage compared to traditional advertising methods have also contributed to its growing popularity.

Key Points:

Additionally, the cost-effectiveness and flexibility offered by digital signage compared to traditional advertising methods have also contributed to its growing popularity.
AI-powered digital signage systems can analyze audience demographics and behavior, enabling advertisers to deliver personalized and targeted content.
Interactive Digital Signage: The increasing trend of interactive digital signage is another significant development in the market.
Video screens, digital posters, kiosks, and other types of digital signage solutions are also gaining traction in the market.

Daktronics, Inc. Announces 2024 Fiscal First Quarter Results

Retrieved on:

Wednesday, September 6, 2023

Growth, Commercial, Daktronics, Live, Central Time, Rare-earth element, Video game, Retail, Security (finance), Recreation

BROOKINGS, S.D., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported results for its fiscal 2024 first quarter which ended July 29, 2023.

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BROOKINGS, S.D., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported results for its fiscal 2024 first quarter which ended July 29, 2023.
Reece Kurtenbach, Daktronics' Chairman, President and Chief Executive Officer, stated, "Our first quarter of fiscal 2024 performance is a result of strong execution across all business areas.
Net sales for the first quarter of fiscal 2024 increased by 35.3 percent as compared to the first quarter of fiscal 2023.
Operating expenses decreased 1.2 percent to $30.9 million in the first quarter of fiscal 2024 as compared to $31.3 million for the first quarter of fiscal 2023.

Chaps Earn Nation's Top Honor for Community College Athletics

Retrieved on:

Thursday, August 17, 2023

Glen Ellyn, Illinois--(Newsfile Corp. - August 17, 2023) - For the first time in school history, College of DuPage earned the prestigious LEARFIELD Directors' Cup as the top community college athletics program in the nation for 2022-23.

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Glen Ellyn, Illinois--(Newsfile Corp. - August 17, 2023) - For the first time in school history, College of DuPage earned the prestigious LEARFIELD Directors' Cup as the top community college athletics program in the nation for 2022-23.
"Earning this prestigious award is an incredible accomplishment," COD Director of Athletics and Recreation Ryan Kaiser said.
COD President Dr. Brian Caputo said the College is proud to stand among this year's high-caliber field of LEARFIELD recipients.
The Chaps, which finished second last season, totaled 158 points, finishing ahead of Rowan College of South Jersey-Gloucester County (148.5) and Suffolk County CC (120.5).

Texans Credit Union Signs Agreement with McKinney Independent School District Athletics to be Exclusive Financial Institution

Retrieved on:

Wednesday, August 9, 2023

Heart, Partnership, Daktronics, McKinney Independent School District, ISD, Credit union, Sport

RICHARDSON, Texas and MCKINNEY, Texas, Aug. 9, 2023 /PRNewswire/ -- Texans Credit Union (Texans), a leading credit union in North Texas, and McKinney Independent School District (ISD) Athletics today announced its partnership naming Texans as its exclusive financial institution for five years. The signed agreement will run through December 31, 2028.

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RICHARDSON, Texas and MCKINNEY, Texas, Aug. 9, 2023 /PRNewswire/ -- Texans Credit Union (Texans), a leading credit union in North Texas, and McKinney Independent School District (ISD) Athletics today announced its partnership naming Texans as its exclusive financial institution for five years.
"McKinney ISD Athletics is thrilled to partner with Texans Credit Union," said Jennifer Frazier, director of athletics for McKinney ISD.
Texans firmly believes McKinney ISD serves as the heart of the community, and the credit union remains committed to making impactful contributions to the people of McKinney.
We actively support McKinney ISD & McKinney ISD Athletics in order to foster strong partnerships that benefit the entire city," said David Frazier, CEO of Texans Credit Union.

Gillette Stadium to Feature Largest Outdoor End Zone Display in Professional Football from Daktronics

Retrieved on:

Friday, August 4, 2023

Kraft Foods, Partnership, Daktronics, Gillette Stadium, DCL, Ticketmaster, Kvorning Design & Communication, Season, Woman, New England Revolution, LED, Show control, Architecture, Kraft Group, Entertainment, Television, New England Patriots

BROOKINGS, S.D., Aug. 04, 2023 (GLOBE NEWSWIRE) -- Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, continues its partnership with the Kraft Group, New England Patriots and New England Revolution with 14 new LED displays added to the venue in 2023, including the largest outdoor videoboard in a sports venue in the country. The installation took place over the course of this spring and summer at Gillette Stadium in Foxborough, Massachusetts.

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The installation took place over the course of this spring and summer at Gillette Stadium in Foxborough, Massachusetts.
“Daktronics has been providing our LED displays and have been a tremendous partner since we opened Gillette Stadium in 2002,” said Gillette Stadium Chief Operating Officer Jim Nolan.
Both end zone displays at Gillette Stadium will now rank in the top 10 among the largest video boards in professional football.
Bringing the installation together is Daktronics Show Control system, which was upgraded at Gillette Stadium in 2022.

Daktronics, Inc. Announces Fiscal Year and Fourth Quarter 2023 Results

Retrieved on:

Wednesday, July 12, 2023

Central Time, Tax, Growth, Kurtenbach, Daktronics, Investment, COVID, Marketing, Video game, Retail, Life insurance, Security (finance)

Net sales for the fourth quarter of fiscal 2023 increased by 29.4 percent as compared to the fourth quarter of fiscal 2022.

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Net sales for the fourth quarter of fiscal 2023 increased by 29.4 percent as compared to the fourth quarter of fiscal 2022.
Gross profit as a percentage of net sales increased to 24.8 percent for the fourth quarter of fiscal 2023 as compared to 18.5 percent in the fourth quarter of fiscal 2022.
Operating expenses for the fourth quarter of fiscal 2023 were $33.9 million compared to $30.3 million for the fourth quarter of fiscal 2022, an increase of 12.0 percent.
The above changes resulted in an operating margin of 8.7 percent for the fourth quarter of fiscal 2023, compared to breakeven for the fourth quarter of fiscal 2022 and operating income as a percentage of sales of 2.8 percent for fiscal 2023 as compared to 0.7 percent for fiscal 2022.

Daktronics, Inc. set to rejoin Russell 3000® Index

Retrieved on:

Tuesday, June 20, 2023

Growth, FTSE Russell, Russell Microcap Index, Daktronics, Russell, Cryptocurrency

Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, ranking them by total market capitalization, including both the Russell 3000 and Russell Microcap Indexes.

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Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, ranking them by total market capitalization, including both the Russell 3000 and Russell Microcap Indexes.
Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 3000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes.
Reece Kurtenbach, chairman, president and chief executive officer, noted, “We are pleased to rejoin the Russell 3000 Index.
We believe the inclusion will provide greater visibility and reach to investment managers and institutional investors, providing further exposure to our strategies and results to these investors.”
For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.