Daktronics Company profile
About Daktronics, Inc.
Daktronics, Inc. is engaged in designing and manufacturing electronic scoreboards, programmable display systems and large screen video displays for sporting, commercial and transportation applications. The Company operates through five segments: Commercial, Live Events, High School Park and Recreation, Transportation, and International. It offers a range of products, from small scoreboards and electronic displays to video display systems as well as related control, timing, and sound systems. It designs, markets, manufactures, installs, and services complete integrated systems displaying real-time data, graphics, animation, and video. Its product families include video displays, scoreboards and timing systems, sound systems, message displays, out-of-home advertising displays, digital and price displays, and indoor dynamic messaging systems. It provides a range of activities, which include marketing and sales, engineering and product design and development and technical contracting.
Financial summary
BRIEF: For the 39 weeks ended 29 January 2022, Daktronics, Inc. revenues increased 23% to $448.8M. Net income decreased 84% to $1.7M. Revenues reflect Live Events segment increase of 34% to $150.8M, International segment increase of 42% to $63.8M, High School Park and Recreation segment increase of 19% to $84.4M, United States segment increase of 19% to $374.7M, Outside United States segment increase of 47% to $74.1M.
Equity composition
Common Stock no Par 06/11, 120M auth., 41,582,406 issd., less 19,680 shs. in Treas. @ $9K. Insiders & stakeholders own 14.32%. Initial Public Offering 2/94, 4.1M shares @ $7.625/share by Principle Financials Securities. 06/06, 2-for-1 stock split.
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