Daktronics, Inc. (DAKT) Misses Q4 EPS by 10c

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Daktronics, Inc. Announces Fourth Quarter and Fiscal 2014 Results

May 28, 2014 7:30 AM EDT

BROOKINGS, S.D., May 28, 2014 (GLOBE NEWSWIRE) -- Daktronics, Inc. (Nasdaq: DAKT) today reported fiscal 2014 fourth quarter net sales of $136.2 million and net income of $1.8 million, or $0.04 per diluted share, compared to net sales of $124.5 million and a net income of $1.8 million, or $0.04 per diluted share, for the fourth quarter of fiscal 2013. Fiscal 2014 fourth quarter orders were $137.7 million compared to $113.8 million for the fourth quarter of fiscal 2013. Backlog at the end of the fiscal 2014 fourth quarter was $171.6 million compared to a backlog of $141.3 million a year earlier and $169.8 million at the end of the third... More