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Daktronics, Inc. Announces Fiscal Year and Fourth Quarter 2025 Results
Daktronics, Inc. Announces Fiscal Year and Fourth Quarter 2025 Results FY2025 Operating Profit of $33 million; Adjusted Operating Profit of $50 million FQ4 Operating Loss of $2 million; Adjusted Operating Income of $6 million FQ4 Orders +29% Sequentially and +17% YoY; Year-end Product Backlog of $342 million up 8% FY2025 Operating Cash Flow +55% to $98 million; Year-end Cash Balance of $128 million Business and Digital Transforma...
Daktronics, Inc. to Release Fourth Quarter and Fiscal 2025 Financial R...
Daktronics, Inc. to Release Fourth Quarter and Fiscal 2025 Financial Results BROOKINGS, S.D., June 10, 2025 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today it will release its fourth quarter and fiscal 2025 financial results on Wednesday, June 25, 2025 before the market opens. The Company will host a conference call and webcast for all interested parties at 10:00 AM CT that day. Brad Wiemann, Interim Chief Executive Officer, and Howard Atkins, Acting Chief Financial Officer, will host the conference call, which will contain forward-looking statements and other mater...
Daktronics to Participate in the 22nd Annual Craig-Hallum Institutiona...
Daktronics to Participate in the 22nd Annual Craig-Hallum Institutional Investor Conference on May 28th BROOKINGS, S.D., May 22, 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 today announced that Brad Wiemann, Interim Chief Executive Officer and Howard Atkins, Acting Chief Financial Officer will participate in the Craig-Hallum Capital Group’s 22nd Annual Institutional Investor Conference to be held Wednesday, May 28th, 2025 in Minneapolis...
Tennessee Titans Bring ‘Ring Of Fire’ to Game-Day with 37-Display Supe...
Tennessee Titans Bring ‘Ring Of Fire’ to Game-Day with 37-Display Super System at the New Nissan Stadium 77,000+ square feet of LED displays will bring new venue to life in 2027 Conceptual Image BROOKINGS, S.D., April 21, 2025 (GLOBE NEWSWIRE) -- (NASDAQ-DAKT) of Brookings, South Dakota, has been selected as the official large display partner of the Tennessee Titans and will manufacture and install 37 displays totaling more than 77,000 square feet at the team’s newly constructed Nissan Stadium set to open in 2027. This puts the stadium in the top three for total square footage of LE...
Daktronics to Present at Sidoti Virtual Investor Conference March 19-2...
Daktronics to Present at Sidoti Virtual Investor Conference March 19-20, 2025 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. The presentation will begin at 10:00am ET on March 19, 2025 and can be accessed live here: . Daktronics will also host virtual ...
- Jonathan Moreland
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Daktronics, Inc. Announces 2025 Fiscal Third Quarter Results & Leaders...
Daktronics, Inc. Announces 2025 Fiscal Third Quarter Results & Leadership Transition 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...
Daktronics and Alta Fox Enter into Cooperation Agreement
Daktronics and Alta Fox Enter into Cooperation Agreement Daktronics to Appoint Peter Feigin to the Board Daktronics Confirms Its Commitment to An Investor Day in 2025 Alta Fox to Withdraw Litigation and Support Reincorporation to Delaware BROOKINGS, S.D., March 03, 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 it has entered into a cooperation agreement (the “Coop...
Daktronics, Inc. to Release Third Quarter Fiscal 2025 Financial Result...
Daktronics, Inc. to Release Third Quarter Fiscal 2025 Financial Results BROOKINGS, S.D., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today it will release its third quarter fiscal 2025 financial results on Wednesday, March 5, 2025 before the market opens. The Company will host a conference call and webcast for all interested parties at 10:00 AM CT that day. Reece A. Kurtenbach, Chief Executive Officer, and Sheila M. Anderson, Chief Financial Officer, will host the conference call, which will contain forward-looking statements and other material informati...
Daktronics Comments on Press Release and Litigation from Alta Fox Capi...
Daktronics Comments on Press Release and Litigation from Alta Fox Capital Management 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 Intends to Vigorously Defend Itself from Alta Fox’s Baseless Litigation to Ensure that Shareholders Can Vote on Reincorporation BROOKINGS, S.D., Feb. 05, 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 displ...
Daktronics Files Preliminary Proxy Statement for Special Meeting of Sh...
Daktronics Files Preliminary Proxy Statement for Special Meeting of Shareholders 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 plan...
- Dave Nicoski
- Ross LaDuke
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Daktronics Comments on Presentation and Public Statements from Alta Fo...
Daktronics Comments on Presentation and Public Statements from Alta Fox Highlights Alta Fox’s Self-Serving Campaign to Pressure the Daktronics Board into Taking Actions that Would Favor Alta Fox as a Creditor BROOKINGS, S.D., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (“Daktronics” or the “Company”) (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 issued the following statement regarding the recent press release and public comments from Alta Fox Capital Managem...
Daktronics to Present at The Benchmark Company’s Upcoming Discovery On...
Daktronics to Present at The Benchmark Company’s Upcoming Discovery One-on-One Investor Conference BROOKINGS, S.D., Dec. 04, 2024 (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 today announced that Reece Kurtenbach, Chief Executive Officer and Sheila Anderson, Chief Financial Officer will be presenting at The Benchmark Company’s 13th Annual Discovery One-on-One Investor Conference to be held Wednesday, December 11th, 2024 at the New York Athlet...
Daktronics, Inc. Announces 2025 Fiscal Second Quarter Results
Daktronics, Inc. Announces 2025 Fiscal Second Quarter Results Generates Record Cash Flow on Strong Sales Growth BROOKINGS, S.D., Dec. 04, 2024 (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 second quarter which ended October 26, 2024. Fiscal Q2 2025 financial highlights include: Sales of $208.3 million, a 4.5 percent increase from the second quarter of fiscal 2024, and fiscal year-to-date...
Daktronics, Inc. to Release Second Quarter Fiscal 2025 Financial Resul...
Daktronics, Inc. to Release Second Quarter Fiscal 2025 Financial Results BROOKINGS, S.D., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today it will release its second quarter fiscal 2025 financial results on Wednesday, December 4, 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. Reece A. Kurtenbach, Chief Executive Officer, and Sheila M. Anderson, Chief Financial Officer, will host the conference call, which will contain forward-looking statements and other materia...
Daktronics, Inc. Amends and Extends Shareholder Rights Agreement
Daktronics, Inc. Amends and Extends Shareholder Rights Agreement BROOKINGS, S.D., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (“Daktronics” or the “Company”) (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 its Board of Directors (the “Board”) has approved an amendment (the “Second Amendment”) to the Company’s existing Shareholder Rights Agreement (the “Rights Agreement”), pursuant to which the expiration date of the Rights Agreement was extended to...
Daktronics Announces Intention to Convert $25 Million Convertible Prom...
Daktronics Announces Intention to Convert $25 Million Convertible Promissory Note into Common Stock Company Intends to Execute Share Repurchases to Offset Dilution BROOKINGS, S.D., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (“Daktronics” or the “Company”) (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, after careful deliberation, the Board of Directors (the “Board”) has determined that it is in the best interests of the Company and its common s...
Daktronics, Inc. Announces Next Steps in Ongoing Business Transformati...
Daktronics, Inc. Announces Next Steps in Ongoing Business Transformation Plan Business Transformation Office Driving Strategic Initiatives to Accelerate Profitable Growth, Increase Margins and Drive Consistent Returns on Invested Capital in the Mid-to-High Teens Ad Hoc Transformation Committee of the Board to Oversee Execution of Strategic Initiatives Board of Directors Initiates Search for New Chief Financial Officer to Support the Achievement of the Company’s ROIC Goals Sheila Anderson Named to Newly Created Role of Chief Data and Analytics Officer to Lead Digital Transformatio...
Miami HEAT Bring First-Ever Flame Ball Centerhung to Live Event Experi...
Miami HEAT Bring First-Ever Flame Ball Centerhung to Live Event Experience with Daktronics 61 LED displays create 11,000+ square feet of digital canvas throughout Kaseya Center Artists Rendering BROOKINGS, S.D., Sept. 23, 2024 (GLOBE NEWSWIRE) -- The Miami HEAT have partnered with (NASDAQ-DAKT) of Brookings, South Dakota, to engineer, manufacture and install the first-ever Flame Ball centerhung at Kaseya Center in Miami, Florida. The logo-shaped LED sculpture is a part of 61 LED displays...
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