Daktronics IncDAKT
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Strong Q1 results with EPS of $0.40, highest in three years, and affirmed fiscal 2028 targets.
Impact on stocks 1
Information Technology
Daktronics IncDaktronics reported strong first-quarter fiscal 2027 results, with net sales up 7.1%, operating income up 7.2%, and EPS of $0.40, the highest in three years. The company's Mexico plant completed its first major production run of narrow pixel pitch products, and its Camino 8 graphics engine is being deployed at more than ten NHL, MLS, and NCAA venues. Daktronics is considering exiting its highly customized international transportation business, which could affect its Ireland facility, and has entered a collective redundancy consultation process. The company affirmed its fiscal 2028 targets of 7-10% revenue CAGR, 10-12% operating margin, and 17-20% ROIC.
Daktronics IncStrong Q1 results with EPS of $0.40, highest in three years, and affirmed fiscal 2028 targets.