Daktronics (DAKT) Misses Q4 EPS by 14c, Miss on Revenues

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Go back to Daktronics (DAKT) Misses Q4 EPS by 14c, Miss on Revenues

Daktronics, Inc. Announces Fourth Quarter and Fiscal 2018 Results

May 30, 2018 7:30 AM EDT

BROOKINGS, S.D., May 30, 2018 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ: DAKT) today reported fiscal 2018 fourth quarter net sales of $138.2 million, operating loss of $5.4 million, and net loss of $3.8 million, or $0.09 per diluted share, compared to net sales of $143.7 million, operating income of $1.7 million, and a net income of $0.9 million, or $0.02 per diluted share, for the fourth quarter of fiscal 2017.  Fiscal 2018 fourth quarter orders were $162.0 million compared to $178.1 million for the fourth quarter of fiscal 2017.  Backlog at the end of the fiscal 2018 fourth quarter was $171 million, compared to a backlog of $203... More