Daktronics, Inc. Announces Third Quarter Fiscal 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/20/2026
- Wall Street sinks as bond yields rise, Walmart results disappoint
- Walmart shares fall despite earnings beat
- Alibaba stock dips as Q2 profit misses estimates despite strong AI cloud growth
- Wolfe remains "broadly bullish on AI semis stocks", names Top Pick
- Moderna stock pulls back after massive one-day rally: analysts weigh in
- Marvell issues Google warrant tied to custom chip deal
- FOMC minutes from July 28-29th meeting
- US stock futures steady after tech slump; investors focus on Middle East tensions
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
- Wall Street sinks as bond yields rise, Walmart results disappoint
Needham & Company Remains Bullish on Daktronics (DAKT) Despite a Sell Off Following 3Q Miss
February 24, 2016 9:07 AM ESTNeedham & Company maintained a Buy rating on Daktronics (NASDAQ: DAKT), and cut the price target to $9.00 (from $9.50), following the company's 3Q earnings report. Revenues for the seasonally weak FQ3 increased to $123.8M, modestly above consensus estimates of $122.5. However, the company posted an unexpected loss of ($0.04), versus a consensus EPS of... More
Daktronics (DAKT) Misses Q3 EPS by 6c
February 23, 2016 7:33 AM ESTDaktronics (NASDAQ: DAKT) reported Q3 EPS of ($0.04), $0.06 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $123.8 million versus the consensus estimate of $125.25 million.
Reece Kurtenbach, chairman, president and chief executive officer stated, Our third quarter is historically a lighter quarter for sales and profits due to the seasonality of our business in sports, impact of weather and outdoor construction cycles, and the decrease in production days available due to holidays in... More
