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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.
BROOKINGS, S.D., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), today announced that its CFO, Sheila Anderson, will present and conduct meetings with investors at the following investor conferences:
Daktronics controls a dominant position in the digital signage market, giving it an advantage over larger competitors like Samsung and LG. The company's dedicated sales team helps customers maximize their returns by selling advertising space on its video boards. Despite a revenue and earnings miss in Q2 FY24, Daktronics is expected to continue growing in the long term, focusing on profitable growth and operational efficiency.
Cost reductions and efficient management of the order backlog are key factors in Daktronics' recovery. The stock is trading at bargain-bin prices right now.
Daktronics is a large company with a defensible moat, strong growth prospects, global operations, and thousands of employees, yet it trades below 8x P/E. The recent sell-off in Daktronics' stock is likely due to profit-taking, as there are no major concerns about the company's performance. Daktronics has the potential for significant future growth, with capacity expansions, a high backlog, and opportunities in software and services.
Daktronics just announced fiscal Q2 revenue and earnings that fell short of Wall Street's estimates. Management is still pleased with improvements in margins, cash flow, and the company's product order backlog.
Daktronics, Inc. (NASDAQ:DAKT ) Q2 2024 Earnings Conference Call December 5, 2023 11:00 AM ET Company Participants Sheila Anderson - Chief Financial Officer Reece Kurtenbach - President and Chief Executive Officer Conference Call Participants BJ Cook - Singular Research Operator Good day, ladies and gentlemen, and welcome to the Daktronics Fiscal Year 2024 Second Quarter Earnings Results Conference Call. As a reminder, this conference is being recorded today, Tuesday, December 5, 2023, and is available on the company's website at www.daktronics.com.
BROOKINGS, S.D., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), today announced that it's CFO, Sheila Anderson, will present at the Singular Research's 18th annual "Best of the Uncovered" conference in San Francisco on Thursday, December 7.
BROOKINGS, S.D., Nov. 30, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), today announced that it's CFO, Sheila Anderson, will present at NobleCon19 - Noble Capital Markets' Nineteenth (19) Annual Emerging Growth Equity Conference at Florida Atlantic University, Executive Education Complex, in Boca Raton, FL, on Tuesday, December 5, 2023 2:30pm Eastern Standard Time. There is also the opportunity to meet management at breakout sessions throughout the day.
BROOKINGS, S.D., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today it will release its second quarter fiscal 2024 financial results on Tuesday, December 5, 2023 before the market opens. The Company will host a conference call and webcast for all interested parties at 10:00 AM CT that day.