Daktronics (DAKT) Misses Q3 EPS by 3c, Revenues Miss

Daktronics (NASDAQ: DAKT) reported Q3 EPS of ($0.07), $0.03 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $115.1 million versus the consensus estimate of $129.56 million.

Outlook

Kurtenbach added, “We remain optimistic about our long-term outlook. Our innovative product and technology portfolio positions us to capitalize on the growing market demand for digital canvases. The current global tariff and trade environment has created cost headwinds on commodity and components used in the production of our solutions. However, over the long-term, we believe the situation will stabilize and we will continue to work to minimize the impact. Our teams continue to develop industry leading solutions and global sales channels to support long-term profitable growth.”

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

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