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DAKT - Daktronics Couldn't Light Up the Q2 Scoreboard
Daktronics Inc.
Digital-signage specialist Daktronics(NASDAQ: DAKT) reported earnings early Wednesday morning, covering the second quarter of fiscal year 2020. Daktronics fell short of Wall Street's estimates, though the results did fall within the scope of management's guidance.
The report triggered a sharp sell-off, driving the stock more than 10% lower in Wednesday's trading. Let's have a closer look at Daktronics' second-quarter results.