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Daktronics Inc. (DAKT) Fell To A New Low For The Year After Q4 Loss

Daktronics Inc. (DAKT) reported a fourth quarter loss of $0.09 Wednesday morning, compared to the profit of $0.02 a year ago. The consensus estimate was for EPS of $0.05.

Daktronics gapped open lower Wednesday and dropped sharply in the first half hour of trade. The stock was range-bound for the rest of the session and closed down by 1.86 at $8.18 on above average volume. Daktronics tumbled to a new low for the year.

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