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Benzinga

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Akanksha Bakshi

Daktronics CEO Signals Confidence With Strong Backlog And Orders, Stocks Soars

DAKT Daktronics Backlog Nasdaq

Daktronics-Photo by MacroEcon via Shutterstock

Daktronics, Inc. (NASDAQ:DAKT) shares surged after the company reported fiscal first-quarter 2026 net income of $16.5 million, or $0.33 per diluted share, compared with a net loss of $4.9 million, or $0.11 per share, in the prior-year period.

Adjusted earnings of $0.33 per share topped the $0.25 consensus estimate. Revenue was $218.972 million, down 3.1% from last year but above the $213.412 million estimate.

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