UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 28, 2023 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___. Commission File Number: 0-23246 Daktronics, Inc. (Exact Name of Registrant as Specified in its Charter) South Dakota 46-0306862 (State or Other ...

Daktronics, Inc. (NASDAQ:DAKT) Q1 2024 Earnings Conference Call September 6, 2023 11:00 AM ET Company Participants Sheila Anderson - Chief Financial Officer and Treasurer Reece Kurtenbach - President and Chief Executive Officer Conference Call Participants BJ Cook - Singular Research Operator Good day, ladies and gentlemen, and welcome to the Daktronics Fiscal Year 2024 First Quarter Earnings Results Conference Call. As a reminder, this conference is being recorded today, Wednesday, September 6, and is avai ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 29, 2023 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___. Commission File Number: 0-23246 Daktronics, Inc. (Exact Name of Registrant as Specified in its Charter) South Dakota 46-0306862 (State or Other Jur ...

Daktronics, Inc. (NASDAQ:DAKT) Q4 2023 Earnings Conference Call July 12, 2023 4:00 PM ET Company Participants Sheila Anderson - CFO and Treasurer Reece Kurtenbach - President and CEO Conference Call Participants BJ Cook - Singular Research Operator Good day, and thank you for standing by, and welcome to Daktronics Fourth Quarter and Yearend 2023 Financial Results. At this time all participants are in listen-only mode. After the speakers' presentation there'll be a question-and-answer session. [Operator Inst ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended April 29, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From ___ to ___. Commission File Number: 0-23246 Daktronics, Inc. Securities registered pursuant to Section 12(b) of the Act: | Title of each class | Trading Symbol ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 28, 2023 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___. Commission File Number: 0-23246 Daktronics, Inc. (Exact Name of Registrant as Specified in its Charter) South Dakota 46-0306862 (State or Other ...

Daktronics, Inc. (NASDAQ:DAKT) Q3 2023 Earnings Conference Call March 8, 2023 11:00 AM ET Company Participants Reece Kurtenbach - President and Chief Executive Officer Sheila Anderson - Chief Financial Officer and Treasurer Conference Call Participants Operator Good day, ladies and gentlemen. And welcome to Daktronics Fiscal Year 2023 Third Quarter Earnings Conference Call. As a reminder, this conference is being recorded today, Wednesday, March 8, and is available on the company's website at www.daktronics ...

Daktronics, Inc. (NASDAQ:DAKT) Q2 2023 Results Conference Call December 12, 2022 11:00 AM ET Company Participants Kevin McDermott - Lead Independent Director Reece Kurtenbach - Chairman, President and CEO Sheila Anderson - Chief Financial Officer Conference Call Participants Operator Good day, ladies and gentlemen, and welcome to Daktronics Fiscal Year 2023 Second Quarter Earnings Results Conference Call. As a reminder, this conference is being recorded today, Monday, December 12, and is available on the co ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, No Par Value DAKT Nasdaq Global Select Market Preferred Stock Purchase Rights DAKT Nasdaq Global Select Market FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 29, 2022 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXC ...

Financial Performance - Net sales for the first quarter of fiscal 2023 were $171.9 million, an increase of $27.2 million or 18.8% compared to the same period last year [84]. - The gross profit margin decreased to 15.0% in the first quarter of fiscal 2023 from 22.2% in the same period last year, primarily due to inflationary pressures and supply chain disruptions [86]. - The contribution margin for the first quarter of fiscal 2023 was $11.4 million, representing a decline of 44.3% compared to $20.4 million in the prior year [89]. - Contribution margin decreased to $11.4 million, representing 6.6% of net sales, down from 14.1% in the prior year, with a dollar change of $(9.0) million [91]. - Operating loss for the first quarter of fiscal 2023 was $(5.5) million, a significant decline from a profit of $5.7 million in the same period last year, reflecting a 197.5% change [91]. - Net cash used in operating activities was $(22.8) million, compared to $(1.0) million in the prior year, a difference of $(21.8) million attributed to changes in net operating assets and liabilities [98]. - Net cash used in investing activities totaled $(10.4) million, significantly higher than $(1.9) million in the same period last year, with property and equipment purchases amounting to $10.7 million [100]. - Effective tax rate decreased to 15.8% from 25.2% year-over-year, driven by increased estimated tax credits [96]. Order and Backlog - As of July 30, 2022, the product order backlog was $469.1 million, up from $285.3 million on July 31, 2021, and $471.6 million at the end of fiscal 2022 [82]. - Order volume decreased by 6.3% in the first quarter of fiscal 2023 compared to the previous year, with strong bookings in specific sectors like shopping centers and sports venues [85]. Costs and Expenses - Increased input costs have led the company to implement price increases in the latter half of fiscal 2022 and early fiscal 2023 [78]. - Warranty costs as a percentage of sales increased to 1.6% from 1.2% year-over-year [88]. - General and administrative expenses increased by 24.7% to $9.4 million, primarily due to personnel expenses and $1.0 million in professional fees related to shareholder engagement [91]. Capital Expenditures and Investments - Projected total capital expenditures for fiscal 2023 are approximately $30 million, aimed at enhancing manufacturing capacity and automation [112]. - Company plans to invest an additional $2.0 million in current affiliates over the next year [113]. - The company is planning additional cash use for capital spending to grow manufacturing capacity amid ongoing supply chain challenges [78]. Market Conditions - The international market has experienced softening demand due to inflationary pressures and geopolitical events [85]. - The company expects supply chain conditions to persist throughout fiscal 2023, impacting lead times and order fulfillment [84]. Working Capital and Financing - Working capital increased to $118.5 million as of July 30, 2022, up from $103.9 million as of April 30, 2022 [104]. - As of July 30, 2022, the company had $24.1 million advanced on its line of credit, with an agreement to temporarily expand it by $10 million [107]. Risk Exposure - The company has not reported any material changes in its exposure to interest rate, foreign currency, and commodity risks during the first three months of fiscal 2023 [118]. Accounting and Reporting - For a summary of recently issued accounting pronouncements and their effects on financial results, refer to the Notes to the Condensed Consolidated Financial Statements [117].