Daktronics, Inc. Announces First Quarter Fiscal 2017 Results
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Needham & Company Raises price Target on Daktronics (DAKT) to $9.50 Following Solid 1Q
August 23, 2016 3:44 PM EDTNeedham & Company reiterated a Buy rating on Daktronics (NASDAQ: DAKT), and raised the price target to $9.50 (from $8.00), following the company's 1Q earnings report. EPS totaled $0.13, well above Street's $0.05 estimate. Revenues increased 5% y/o/y to $157.1M, above the consensus of $146.8M.
Analyst James Ricchiuti... More
Daktronics (DAKT) Surges 25% Following Q1 'Beat'
August 23, 2016 9:32 AM EDTDaktronics (NASDAQ: DAKT) is seeing sharp gains off the open following earnings. Shares are up 25% on volume that is running 118x normal.
Daktronics reported Q1 EPS of $0.13, $0.08 better than the analyst estimate of $0.05. Revenue for the quarter came in at $157.1 million versus the consensus estimate of $146.75 million.
... More