Daktronics Inc. (DAKT: Quote) reported first quarter net income of $0.16 per share Tuesday morning, up from $0.08 per share last year. The consensus estimate was for EPS of $0.04.
Daktronics gapped open sharply higher Tuesday, but was range-bound throughout the session. The stock closed up by 1.37 at $9.43 on the highest volume of the year. Daktronics broke out to nearly a 6-month high and re-crossed its 200-day moving average.
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by RTT Staff Writer
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