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Daktronics Inc. Q2 Sales Increase

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

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.

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