Daktronics Inc
NASDAQ:DAKT

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Daktronics Inc
NASDAQ:DAKT
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Price: 20.3 USD 2.32% Market Closed
Market Cap: 985.2m USD

Daktronics Inc
Investor Relations

Daktronics, Inc. engages in designing and manufacturing electronic scoreboards, programmable display systems and large screen video displays for sporting, commercial and transportation applications. The company is headquartered in Brookings, South Dakota and currently employs 1,981 full-time employees. The firm operates through five segments: Commercial, Live Events, High School Park and Recreation, Transportation, and International. The company offers a range of products, from small scoreboards and electronic displays to video display systems as well as related control, timing, and sound systems. The company designs, markets, manufactures, installs, and services complete integrated systems displaying real-time data, graphics, animation, and video. Its product families include video displays, scoreboards and timing systems, sound systems, message displays, out-of-home advertising displays, digital and price displays, and indoor dynamic messaging systems. The company provides a range of activities, which include marketing and sales, engineering and product design and development and technical contracting.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Dec 10, 2025
AI Summary
Q2 2026

Strong Quarter: Daktronics delivered another solid quarter with double-digit year-over-year growth in orders, revenue, and operating income.

Order Backlog: Product backlog reached $321 million, up 36% year-over-year, providing a strong multi-quarter revenue runway.

Operating Margin: Operating margin improved to 9.4%, approaching the company's 10% to 12.5% long-term target, despite higher tariff expenses.

Segment Performance: Live Events, International, and Transportation segments showed robust growth, with notable wins in major league sports and international markets.

Expansion Plans: Announced new manufacturing facility in Mexico, expected to be operational by late April 2026, to support future growth and offer production flexibility.

Leadership Update: New CEO, Ramesh, will officially start in February, bringing industry experience and a focus on transformation and growth.

Seasonal Outlook: Management expects a seasonally slower third quarter due to holidays, but backlog and ongoing orders support continued growth.

Transformation Benefits: Value-based pricing, operational efficiencies, and digital transformation initiatives are driving margin and profitability improvements.

Key Financials
Net Income
$17.5 million
EPS
$0.35 per fully diluted share
Net Income (Adjusted, Q2 last year)
$13.9 million
Operating Income
$21.6 million
Gross Profit Margin
27%
Operating Margin
9.4%
Tariff Expense
$8.8 million
Product Backlog
$321 million
Order Growth
12% (fiscal second quarter)
Live Events Orders Growth
26.5%
International Orders Growth
23.6%
Transportation Business Orders Growth
15%
Net Cash Balance
$138.3 million
Effective Tax Rate
20%
Share Repurchase Authorization
$25.7 million
Other Earnings Calls

Management

Mr. Reece A. Kurtenbach
Chairman, President & CEO
No Bio Available
Ms. Sheila Mae Anderson CPA
CFO, Treasurer and Chief Data & Analytics Officer
No Bio Available
Ms. Carla S. Gatzke
VP of Human Resources & Corporate Secretary
No Bio Available
Mr. Bradley T. Wiemann
Executive Vice President of Commercial, High School Park, Recreation & Transportation Business Units
No Bio Available

Contacts

Address
SOUTH DAKOTA
Brookings
PO Box 5128, 201 Daktronics Dr
Contacts
+16056974000.0
www.daktronics.com