Daktronics (DAKT) Misses Q1 EPS by 5c

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Daktronics Inc. Announces First Quarter Fiscal 2016 Results

August 25, 2015 7:30 AM EDT

BROOKINGS, S.D., Aug. 25, 2015 (GLOBE NEWSWIRE) -- Daktronics Inc. (NASDAQ: DAKT) today reported fiscal 2016 first quarter net sales of $150.2 million, operating income of $6.1 million, and net income of $3.8 million, or $0.09 per diluted share, compared to net sales of $166.6 million, operating income of $13.6 million, and net income of $8.7 million, or $0.20 per diluted share, for the first quarter of fiscal 2015. Fiscal 2016 first quarter orders were $165.1 million, compared to $160.7 million for the first quarter of fiscal 2015. Backlog at the end of the fiscal 2016 first quarter was $205.1 million, compared with a backlog of $165.1 million a year... More