Daktronics (DAKT) Reports Q4 Loss of $0.02/sh

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Daktronics, Inc. Announces Fiscal Year and Fourth Quarter 2020 Results

June 10, 2020 7:30 AM EDT

BROOKINGS, S.D., June 10, 2020 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported fiscal year and fourth quarter 2020 results.  Daktronics reported fiscal year 2020 net sales of $608.9 million, operating loss of $0.2 million, net income of $0.5 million, and earnings per diluted share of $0.01.  This compares to net sales of $569.7 million, operating loss of $4.7 million, and net loss of $1.0 million, or $0.02 per diluted share for fiscal 2019.  Fiscal 2020 orders were $620.8 million compared to $608.9 million for fiscal 2019.

Daktronics reported fiscal 2020 fourth quarter net sales of $126.1 million, operating loss of $3.5 million, and net loss of $1.1 million, or $0.02 per diluted... More