Sidoti Downgrades Daktronics (DAKT) to Neutral

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Needham & Company Cuts Price Target on Daktronics (DAKT) to $8 Following 4Q Miss

June 2, 2016 7:58 AM UTC

Needham & Company maintained a Buy rating on Daktronics (NASDAQ: DAKT), and cut the price target to $8.00 (from $9.00), following the company's 4Q earnings report. Revenues declined 12% y/o/y to $138.5M, below Needham's $155M estimate. EPS was reported as a loss of $0.07, in-line with expectations.

Analyst James Ricchiuti... More

Daktronics (DAKT) Misses Q4 EPS Views on Light Sales

June 1, 2016 7:34 AM UTC

Daktronics (NASDAQ: DAKT) reported Q4 EPS of ($0.07), $0.15 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $138.5 million versus the consensus estimate of $156.17 million.

For earnings history and earnings-related data on Daktronics (DAKT) click here.

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