Overview

* Daktronics fiscal Q1 2026 revenue beats analyst expectations, driven by strong order growth

* Net income for fiscal Q1 2026 improves significantly from prior year loss

* Co repurchased shares, indicating confidence in financial position

Outlook

* Daktronics ( DAKT ) reiterates 7-10% sales growth over three years

* Company aims for 10-12% operating margin in three-year plan

* Daktronics ( DAKT ) targets 17-20% ROIC in three-year objectives

Result Drivers

* ORDER GROWTH - Orders increased by 35.4% YoY, driven by Live Events, High School Park and Recreation, and International business units

* GROSS PROFIT MARGIN - Gross profit margin rose to 29.7% due to manufacturing efficiencies, value-based pricing, and higher-margin product mix

* CASH FLOW - Operating cash flow increased by 34% YoY, supported by strategic working capital management

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Beat $218.97 $213.40

Revenue mln mln (3

Analysts

)

Q1 Net $16.47

Income mln

Q1 $23.27

Operatin mln

g

Income

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)