Amendment: SEC Form SC 13G/A filed by Daktronics Inc.
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8-A12B/A - DAKTRONICS INC /SD/ (0000915779) (Filer)
8-K - DAKTRONICS INC /SD/ (0000915779) (Filer)
8-K - DAKTRONICS INC /SD/ (0000915779) (Filer)
BROOKINGS, S.D., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today it will release its second quarter fiscal 2025 financial results on Wednesday, December 4, 2024 before the market opens. The Company will host a conference call and webcast for all interested parties at 10:00 AM CT that day. Reece A. Kurtenbach, Chief Executive Officer, and Sheila M. Anderson, Chief Financial Officer, will host the conference call, which will contain forward-looking statements and other material information. To listen to the earnings call by phone, participants must pre-register at Daktronics Earnings Call Registration. All registrants will receive dial-in i
BROOKINGS, S.D., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. ("Daktronics" or the "Company") (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, today announced that its Board of Directors (the "Board") has approved an amendment (the "Second Amendment") to the Company's existing Shareholder Rights Agreement (the "Rights Agreement"), pursuant to which the expiration date of the Rights Agreement was extended to November 19, 2025, the exercise price was changed to $40.00, and the beneficial ownership threshold at which the rights become exercisable was changed to 15% (or 20% i
BROOKINGS, S.D., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. ("Daktronics" or the "Company") (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, today announced that, after careful deliberation, the Board of Directors (the "Board") has determined that it is in the best interests of the Company and its common shareholders to exercise the Company's right to convert an initial $7.0 million in face value of the $25 million senior second lien secured promissory note (the "Convertible Note") held by Alta Fox Capital Management, LLC (together with its affiliates, "Alta Fox") into
SC 13G/A - DAKTRONICS INC /SD/ (0000915779) (Subject)
SC 13G/A - DAKTRONICS INC /SD/ (0000915779) (Subject)
SC 13G - DAKTRONICS INC /SD/ (0000915779) (Subject)
Daktronics, Inc. (NASDAQ:DAKT) shares are trading higher following fourth-quarter FY24 results. Sales rose 2.9% Y/Y to a new record of $215.9 million. This was due to backlog fulfillment, improved stability in supply chains, and expanded manufacturing capabilities. They beat the consensus of $186.19 million. Gross margin expanded by 90 basis points Y/Y to 25.7%. Operating income increased by 6.4% Y/Y to $19.4 million in the quarter. New orders for products and services totaled $205.8 million, up 14.6% Y/Y, fueled by robust demand in the Live Events and Transportation business segments, alongside strong expansion in the International business unit. As of April 27, cash and marketa
Daktronics (NASDAQ:DAKT) reported quarterly earnings of $0.05 per share which missed the analyst consensus estimate of $0.15 by 66.67 percent. This is a 89.36 percent decrease over earnings of $0.47 per share from the same period last year. The company reported quarterly sales of $215.88 million which beat the analyst consensus estimate of $186.19 million by 15.95 percent. This is a 2.87 percent increase over sales of $209.86 million the same period last year.
BROOKINGS, S.D., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today it will release its second quarter fiscal 2025 financial results on Wednesday, December 4, 2024 before the market opens. The Company will host a conference call and webcast for all interested parties at 10:00 AM CT that day. Reece A. Kurtenbach, Chief Executive Officer, and Sheila M. Anderson, Chief Financial Officer, will host the conference call, which will contain forward-looking statements and other material information. To listen to the earnings call by phone, participants must pre-register at Daktronics Earnings Call Registration. All registrants will receive dial-in i
BROOKINGS, S.D., Nov. 20, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. ("Daktronics" or the "Company") (NASDAQ-DAKT), the leading U.S.-based designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, today announced that its Board of Directors (the "Board") has approved an amendment (the "Second Amendment") to the Company's existing Shareholder Rights Agreement (the "Rights Agreement"), pursuant to which the expiration date of the Rights Agreement was extended to November 19, 2025, the exercise price was changed to $40.00, and the beneficial ownership threshold at which the rights become exercisable was changed to 15% (or 20% i
Business Transformation Office Driving Strategic Initiatives to Accelerate Profitable Growth, Increase Margins and Drive Consistent Returns on Invested Capital in the Mid-to-High Teens Ad Hoc Transformation Committee of the Board to Oversee Execution of Strategic Initiatives Board of Directors Initiates Search for New Chief Financial Officer to Support the Achievement of the Company's ROIC Goals Sheila Anderson Named to Newly Created Role of Chief Data and Analytics Officer to Lead Digital Transformation BROOKINGS, S.D., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Daktronics Inc ("Daktronics" or the "Company") (Nasdaq – DAKT) today announced the next phase of its ongoing business tran
Asserts Independent Directors are Placing Shareholders, Customers and Employees at Unacceptable Risk by Allowing Chairman and CEO Reece Kurtenbach to Continue in his Roles Highlights that Mr. Kurtenbach has Presided Over Years of Abysmal Governance, Dismal Capital Allocation, Pervasive Nepotism Involving Family Members and Sustained Value Destruction Notes Mr. Kurtenbach and his CFO Allowed Daktronics to Become a "Going Concern" Months After Alta Fox Privately Conveyed a Willingness to Provide Certain and Immediate Capital Questions Independent Directors' Motivation for Failing to Respond to Alta Fox's Most Recent Proposal to Promptly Deliver Affordable Capital, Provided Leadership Chang
BROOKINGS, S.D., Dec. 07, 2022 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today announced the expansion of its Board of Directors to eight members and the appointment of Howard I. Atkins as the eighth director. The addition of Mr. Atkins is part of the Board's ongoing refreshment process. He was selected pursuant to the Cooperation Agreement with Daktronics shareholder Prairieland Holdco, LLC ("Prairieland") and its affiliates, including Andrew Siegel (collectively, the "Prairieland Group"), which was announced on July 27, 2022. Andrew Siegel stated, "The Board conducted a comprehensive search and recruitment effort, and I am pleased that it resulted in the selection of
BROOKINGS, S.D., June 02, 2021 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) announces the retirement of Robert G. Dutcher and Byron J. Anderson both effective on September 1, 2021. Dutcher and Anderson have served on the Daktronics board of directors since 2002 and 2005, respectively. The board also announces the nominations of Shereta Williams and Dr. Lance D. Bultena as independent directors to its board for election at the September 1, 2021 annual meeting of shareholders. Reece A. Kurtenbach, chairman, president and CEO, recognized the contributions from Dutcher's and Anderson's leadership and dedication to Daktronics, "We thank Byron and Bob for their significant contribution
4 - DAKTRONICS INC /SD/ (0000915779) (Issuer)
4 - DAKTRONICS INC /SD/ (0000915779) (Issuer)
4/A - DAKTRONICS INC /SD/ (0000915779) (Issuer)