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Daktronics Inc
NASDAQ:DAKT

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Daktronics Inc
NASDAQ:DAKT
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Price: 19.89 USD -2.02% Market Closed
Market Cap: $960.7m

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
Q3 2026
Call Date
Mar 4, 2026
AI Summary
Q3 2026

Revenue: Revenue was $182.0 million, up 21.6% year‑over‑year driven by backlog conversion.

Backlog: Product and services backlog reached $342.0 million, up 25% versus last year, giving multi‑quarter revenue runway.

Margins: Gross margin was 24%, down from 27% sequentially; management cited mix (Live Events) and $6.0 million of tariff expense as key factors.

Earnings: Net income was $3.0 million, or $0.06 per diluted share (adjusted net income $4.6 million after nonrecurring items).

Orders & segments: Orders remained above $200 million again; Transportation orders were up a record 130% year‑over‑year and new order growth was 7.6%.

Balance sheet & capital allocation: Cash balance $144.0 million; repurchased about 1.3 million shares in the first nine months at a VWAP of $17.6, leaving ~$17 million available for buybacks.

Strategy & M&A: Acquired IP and engineering team from X Display Company (XDC) to expand microLED/narrow pitch capabilities; management plans an Investor Day on April 9 to outline strategy.

Key Financials
Revenue
$182.0 million
Product and services backlog
$342.0 million
New order growth
7.6%
Orders (quarterly run rate)
over $200 million
Transportation orders growth
up 130% YoY
Gross profit margin
24%
Tariff expense (incremental)
$6.0 million
Net income
$3.0 million
Earnings per share
$0.06
Adjusted net income
$4.6 million
Operating income (pretax)
$1.9 million
Cash balance
$144.0 million
Share repurchases (first 9 months)
1.3 million shares at a VWAP of $17.6
Earnings Call Recording
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
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