BROOKINGS, S.D., March 12, 2025 (GLOBE NEWSWIRE) -- Daktronics Inc. (Nasdaq: DAKT), a leading global designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, announced that management will present and host one-on-one meetings with investors at the Sidoti Virtual Investor Conference, taking place on March 19-20, 2025.
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Daktronics, Inc. (“Daktronics” or the “Company”) (NASDAQ: DAKT) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON DAKTRONICS, INC. (DAKT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What Happened? On March 5.
NEW YORK, March 10, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP is investigating potential claims against Daktronics, Inc. (“Daktronics” or the “Company”) (NASDAQ:DAKT). The investigation concerns whether Daktronics and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
Daktronics, Inc. (NASDAQ:DAKT ) Q3 2025 Earnings Conference Call March 5, 2025 11:00 AM ET Company Participants Carla Gatzke - Corporate Secretary Andrew Siegel - Lead Independent Director Reece Kurtenbach - CEO Sheila Anderson - CFO and Treasurer Howard Atkins - Board Member Conference Call Participants Aaron Spychalla - Craig Hallum Capital Group Anja Soderstrom - Sidoti Mac Furst - Singular Research Operator Good day and thank you for standing by. Welcome to the Daktronics Third Quarter Fiscal Year 2025 Financial Results Conference Call.
Daktronics (DAKT) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to loss of $0.03 per share a year ago.
Reece Kurtenbach to Step Down as Chairman, President and CEO and Transition to Advisory Role Brad Wiemann, Executive Vice President, Appointed Interim CEO Howard Atkins, Board Member and Former CFO of Wells Fargo, Appointed Acting CFO and Chief Transformation Officer, Allowing Sheila Anderson to Focus on Her Role as Chief Data and Analytics Officer Board of Directors Has Initiated a Search for a Permanent CEO Andrew Siegel, current Lead Independent Director, to become Chairman of the Board BROOKINGS, S.D., March 05, 2025 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, today reported results for its fiscal 2025 third quarter which ended January 25, 2025.
Daktronics, Inc. is expected to report Q3 earnings on March 5th, with flat y/y sales and a sequential sales decrease of -18%. I am concerned about the company's stagnant top-line growth and slight margin contraction, and prefer to observe from the sidelines for now. Key areas of interest include management's strategies for improving margins, backlog outlook, and upcoming high-profile projects in 2025 and beyond.
Notes that Alta Fox Has Been Seeking to Sell the Majority of Its Equity Stake, Even as It Publicly Claims to Be Committed to Daktronics for the Long Term
The Fed cut interest rates in December to 4.25%-4.5% and revised guidance for only two rate cuts in 2025, which induced a market selloff. Historically, the market falls the first week after a rate cut. History has shown that in subsequent periods, the market rallies, presenting a potential buying opportunity for defensively positioned stocks.
Shareholders to Vote on a Proposal to Reincorporate the Company in Delaware Reaffirms Commitment to Maintaining Headquarters and Operations in South Dakota BROOKINGS, S.D., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Daktronics, Inc. (“Daktronics,” the “Company,” “we” or “us”) (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, today announced that the Company has filed a preliminary proxy statement and plans to hold a special meeting of shareholders (the “Special Meeting”) to consider and vote upon a proposal to change the Company's jurisdiction of incorporation from South Dakota to Delaware.