Daktronics, Inc. - Common Stock (DAKT)

Daktronics Inc. reports lower sales and net loss, but orders and backlog increase. Transformation plan on track. Shares down 8.55% in premarket trading.

The company highlighted delays in U.S.-based project bookings and warned that corporate governance and business transformation costs would remain elevated in the fourth fiscal quarter.

Investors and traders are closely monitoring the gap up and gap down stocks in today's session on Wednesday. Let's explore the market movements and identify the stocks with significant gaps.

DAKT shares down following lower sales and orders in Q3, leadership transition announced. Long-term demand for digital display strong.

Daktronics announces Q2 FY25 results with sales up 4.5% Y/Y and net income of $21.4 million. CFO search underway.

While the market sighed a collective breath of relief after the Fed cut 50-bps, this week has been anything but bullish for the broad market. I’m looking at 5 consecutive red daily candles on the Russell 2000.

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DAKT stock results show that Daktronics beat analyst estimates for earnings per share and beat on revenue for the fourth quarter of 2024.

Daktronics shares are up 26.65% at $13.83 at the last check Wednesday.

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