DAKT

Daktronics Inc. Q2 Sales Increase

(RTTNews) - Daktronics Inc. (DAKT) released earnings for second quarter of $17.481 million

The company's bottom line totaled $17.481 million, or $0.35 per share. This compares with $21.406 million, or $0.22 per share, last year.

The company's revenue for the period rose 10.0% to $229.253 million from $208.331 million last year.

Daktronics Inc. earnings at a glance (GAAP) :

-Earnings: $17.481 Mln. vs. $21.406 Mln. last year. -EPS: $0.35 vs. $0.22 last year. -Revenue: $229.253 Mln vs. $208.331 Mln last year.

Excluding the non-operating non-cash debt fair value adjustment and operating adjustment for consultant related expenses associated with business and digital transformation initiatives, adjusted net income was $13.9 million for the second quarter.

DAKT was up by 10.13% at $19.79 in the pre-market trade on the Nasdaq.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.