Daktronics, Inc. Announces Second Quarter Fiscal 2017 Results
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Needham & Company Raises Price Target on Daktronics (DAKT) Following 2Q
November 23, 2016 9:53 AM ESTNeedham & Company reiterated a Buy rating on Daktronics (NASDAQ: DAKT), and raised the price target to $11.00 (from $9.50), following the company's 2Q earnings report. EPS totaled $0.20, well above Street's $0.10 estimate. Revenues increased 8% y/o/y to $170M, 4% above $163M estimates. Sales from Live Events... More
Daktronics (DAKT) Tops Q2 EPS by 9c
November 22, 2016 7:34 AM ESTDaktronics (NASDAQ: DAKT) reported Q2 EPS of $0.20, $0.09 better than the analyst estimate of $0.11. Revenue for the quarter came in at $170 million versus the consensus estimate of $161.5 million.
Reece Kurtenbach, chairman, president and chief executive officer stated, We are pleased with our second quarter of fiscal 2017 financial performance. We achieved higher net sales and experienced improved profitability during the second quarter of fiscal 2017 compared to the second quarter of... More
