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home / articles / DAKT - Why Daktronics Shares Are Surging Today | Benzinga

DAKT - Why Daktronics Shares Are Surging Today | Benzinga

Daktronics Inc.

Daktronics, Inc. (NASDAQ: DAKT) reported first-quarter FY24 net sales growth of 35.3% year-over-year to $232.5 million, beating the consensus of $197.70 million.

The sales growth was driven by fulfilling orders in backlog, especially in the HSPR business area.

Orders in the quarter declined 6.8% Y/Y to $158.63 million, reflecting a decrease in the Commercial business unit caused by volatility in ...

Full story available on Benzinga.com
Stock Information
Company Name: Daktronics Inc.
Stock Symbol: DAKT
Market: NASDAQ
Website: daktronics.com
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