Daktronics (DAKT) Reports Q2 EPS of $0.08

Daktronics (NASDAQ: DAKT) reported Q2 EPS of $0.08, versus $0.16 reported last year. Revenue for the quarter came in at $127.4 million, versus $174.9 million reported last year.

Outlook:

Kurtenbach added, "We believe the audiovisual industry fundamentals will drive long-term growth for our business, but the near-term outlook shows contraction and greater volatility overall. We are focused on promoting our value to new and existing markets, while managing our cost structure to meet the uncertain demand. Even though we face a challenging fiscal 2021, we are working to emerge as a stronger organization and to be positioned to capitalize on the recovery from this pandemic."

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

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