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Last $10.03 USD
Change Today -0.18 / -1.76%
Volume 169.8K
DAKT On Other Exchanges
As of 4:30 PM 03/6/15 All times are local (Market data is delayed by at least 15 minutes).

daktronics inc (DAKT) Snapshot

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03/26/14 - $14.80
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daktronics inc (DAKT) Details

Daktronics, Inc., together with its subsidiaries, designs, manufactures, and sells various electronic display systems and related products worldwide. It operates through five segments: Commercial, Live Events, Schools and Theatres, Transportation, and International. The company offers video display systems, such as displays to show various levels of video, graphics, and animation, as well as controllers to manage the operation of the display; LED architectural lighting and display products, which include freeform video elements; scoring and timing products, including indoor and outdoor scoreboards for various sports, digit displays, scoring and timing controllers, statistics software, and other related products; and timing systems for sports events, primarily aquatics and track competitions, as well as swimming touchpads, race start systems, and relay take-off platforms. It also provides message displays; ITS dynamic message signs, including LED-based displays for road management, parking, mass transit, and aviation applications; audio systems for outdoor sports venues; and digital billboards that offer digital display solutions for the outdoor advertising industry, as well as Visiconn system, a software application for controlling content and playback loops for digital billboard applications. In addition, the company offers automated hoist products for sporting facilities; and digit and price displays, such as outdoor time and temperature displays, as well as Fuelight digit displays for the petroleum industry. Further, the company offers maintenance and professional services related to its products. Daktronics, Inc. sells its products through direct sales and resellers. The company was founded in 1968 and is based in Brookings, South Dakota.

2,280 Employees
Last Reported Date: 06/12/14
Founded in 1968

daktronics inc (DAKT) Top Compensated Officers

Chairman of the Board, Chief Executive Office...
Total Annual Compensation: $282.2K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $230.1K
Executive Vice President of Commercial & Tran...
Total Annual Compensation: $236.8K
Vice President of Manufacturing
Total Annual Compensation: $216.4K
Compensation as of Fiscal Year 2014.

daktronics inc (DAKT) Key Developments

Daktronics Partners with SBB to Bring Light to Railway Stations Across Switzerland

Daktronics has partnered with Schweizerische Bundesbahnen (SBB), to install 50 LED video displays -- a total of 475 square meters -- throughout 17 railway stations across Switzerland. The pilot installation in the city of Neuchatel included two LED displays and was completed in October 2014. The next 40 displays at 14 different railway stations will be installed between July and November 2015, with the installation of eight additional displays at another two locations to be installed through 2018. SBB is the first public transport company in Europe to introduce large-screen, central displays with LED technology of this scope across its network. This project upgrades SBB's technology from flip-digit displays and some previously existing digital signage to a full slate of new LED displays that are more flexible, easier to control and service, and ensure clear, visible customer information in its stations. The displays will show a combination of train schedules and travel information to advertising and emergency messages. The Neuchatel installation includes two displays, each measuring 1.58 meters high by 2.85 meters wide and featuring 4 millimeter line spacing. Of the 17 locations, Neuchatel had the oldest technology that was installed 26 years ago and is a superb pilot location for demonstrating the flexibility that this new system has to offer. Other railway locations will have anywhere from two to eight LED displays installed. The display technology incorporates excellent image clarity and contrast with wide angle viewing for travelers to easily see and comprehend the messages shown.

Daktronics Inc. Reports Unaudited Consolidated Financial Results for the Third Quarter and Nine Months Ended January 31, 2015

Daktronics Inc. reported unaudited consolidated financial results for the third quarter and nine months ended January 31, 2015. For the quarter, the company's net sales were $118,123,000 against $115,369,000 a year ago. Operating loss was $1,585,000 against operating income of $3,567,000 a year ago. Loss before income taxes was $1,215,000 against income before income taxes of $3,558,000 a year ago. Net income was $561,000 or $0.01 per basic and diluted share against $2,871,000 or $0.07 per basic and diluted share a year ago. For the nine months, the company's net sales were $457,856,000 against $415,730,000 a year ago. Operating income was $24,274,000 against $29,728,000 a year ago. Income before income taxes was $24,698,000 against $30,133,000 a year ago. Net income was $17,043,000 or $0.39 per basic and diluted share against $20,380,000 or $0.47 per diluted share a year ago. Net cash provided by operating activities was $27,317,000 against $39,243,000 a year ago. Purchases of property and equipment were $15,328,000 against $9,421,000 a year ago.

Daktronics Inc. Provides Earnings Guidance for the Full Year 2015

Daktronics Inc. provided earnings guidance for the full year 2015. The company is projecting capital expenditures to be $23 million for fiscal 2015, down a bit from previous estimates of $25 million. The company anticipates operating expenses to be higher as compared to the fourth quarter of fiscal 2014 for the increases in salaries and related costs, but comparable to the ratio of expense to sales as the last year's fourth quarter.


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