Daktronics (DAKT) Misses Q3 EPS by 3c, Revenues Miss

Go back to Daktronics (DAKT) Misses Q3 EPS by 3c, Revenues Miss

Daktronics, Inc. Announces Third Quarter Fiscal 2019 Results

February 20, 2019 7:30 AM EST

BROOKINGS, S.D., Feb. 20, 2019 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported fiscal 2019 third quarter net sales of $115.1 million, operating loss of $7.5 million, and net loss of $3.3 million, or $0.07 per diluted share, compared to net sales of $130.3 million, operating loss of $3.3 million, and net loss of $6.2 million, or $0.14 per diluted share, for the third quarter of fiscal 2018.  Fiscal 2019 third quarter orders were $135.4 million, compared to $126.2 million for the third quarter of fiscal 2018.  Product order backlog at the end of the fiscal 2019 third quarter was $168 million, compared to a backlog of $151 million a year earlier and... More