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Daktronics Inc. Announces Increase In Q2 Bottom Line

Daktronics Inc. (DAKT) reported a profit for its second quarter that climbed from last year.

The company's earnings came in at $8.61 million, or $0.19 per share. This compares with $7.13 million, or $0.16 per share, in last year's second quarter.

Analysts had expected the company to earn $0.19 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.0% to $172.69 million from $169.31 million last year.

Daktronics Inc. earnings at a glance:

-Earnings (Q2): $8.61 Mln. vs. $7.13 Mln. last year.
-EPS (Q2): $0.19 vs. $0.16 last year.
-Analysts Estimate: $0.19
-Revenue (Q2): $172.69 Mln vs. $169.31 Mln last year.

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