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Daktronics (DAKT) Surges 25% Following Q1 'Beat'

Go back to Daktronics (DAKT) Surges 25% Following Q1 'Beat'

Needham & Company Raises price Target on Daktronics (DAKT) to $9.50 Following Solid 1Q

August 23, 2016 3:44 PM EDT

Needham & Company reiterated a Buy rating on Daktronics (NASDAQ: DAKT), and raised the price target to $9.50 (from $8.00), following the company's 1Q earnings report. EPS totaled $0.13, well above Street's $0.05 estimate. Revenues increased 5% y/o/y to $157.1M, above the consensus of $146.8M.

Analyst James Ricchiuti... More

Daktronics (DAKT) Tops Q1 EPS by 8c

August 23, 2016 7:32 AM EDT

Daktronics (NASDAQ: DAKT) reported Q1 EPS of $0.13, $0.08 better than the analyst estimate of $0.05. Revenue for the quarter came in at $157.1 million versus the consensus estimate of $146.75 million.

For earnings history and earnings-related data on Daktronics (DAKT) click here.

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