Daktronics (DAKT) Misses Q3 EPS by 2c

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Daktronics, Inc. Announces Third Quarter Fiscal 2017 Results

February 21, 2017 7:30 AM EST

BROOKINGS, S.D., Feb. 21, 2017 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ: DAKT) today reported fiscal 2017 third quarter net sales of $115.7 million, operating loss of $6.9 million, and net loss of $5.1 million, or $0.12 per diluted share, compared to net sales of $123.8 million, operating loss of $5.5 million, and net loss of $2.0 million, or $0.04 per diluted share, for the third quarter of fiscal 2016.  Fiscal 2017 third quarter orders were $143.3 million, compared to $116.9 million for the third quarter of fiscal 2016.  Backlog at the end of the fiscal 2017 third quarter was $170 million, compared with a backlog of $176... More