Daktronics (DAKT) Misses Q3 EPS by 6c
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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
