Cautionary Notice: In addition to statements of historical fact, this news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and is intended to enjoy the protection of that Act. These forward-looking statements reflect the Company's expectations or beliefs concerning future events. The Company cautions that these and similar statements involve risk and uncertainties which could cause actual results to differ materially from our expectation ...

Core Points - Daktronics Inc will release its fourth quarter fiscal 2024 financial results on June 26, 2024, before the market opens [1] - A conference call and webcast will be hosted on the same day at 10:00 AM CT for interested parties [1][6] - Participants must pre-register to access the earnings call, receiving dial-in information and a PIN [2][7] Company Overview - Daktronics is the world's largest supplier of large-screen video displays, electronic scoreboards, and related control systems [8] - The company operates in four domestic business units: Live Events, Commercial, High School Park and Recreation, and Transportation, along with one International business unit [8] - Daktronics designs, manufactures, markets, and services display systems globally [8]

Increased durability and reliability combine with lower power consumption in NPP display product BROOKINGS, S.D., May 16, 2024 (GLOBE NEWSWIRE) -- Daktronics (NASDAQ-DAKT) of Brookings, South Dakota, has released its Flip-Chip COB (Chip On Board) LED display technology worldwide. The company's latest addition to its Narrow Pixel Pitch (NPP) product family brings tighter pixel spacings ranging from 1.8 millimeters to 0.9 millimeters with increased durability and reliability combined with lower power consumpt ...

Core Viewpoint - Daktronics has launched its Flip-Chip COB LED display technology, enhancing durability, reliability, and reducing power consumption, which improves customer experience in the LED display market [1][2]. Product Features - The new COB technology offers tighter pixel spacings from 1.8mm to 0.9mm, providing an alternative to traditional SMD and IMD LED options, resulting in lower heat generation and increased reliability [2]. - The COB product features the thinnest and lightest cabinet available in the market, facilitating a fast installation process with a sleek appearance [3]. - Daktronics' 35+ years of experience in coatings and encapsulants has led to a specific encapsulant design that enhances product safety and durability against impact, moisture, dust, static, and oxidation [4]. Reliability and Testing - The company emphasizes product reliability, supported by a dedicated lab for rigorous testing of components to ensure industry-leading reliability in its flip-chip COB LEDs and associated technologies [5]. - The product offers various brightness options tailored for different applications, effectively combating indoor indirect sunlight in environments such as offices and high-ambient brightness lobbies [5]. Market Position - Daktronics positions itself as a leader in the audiovisual systems market, providing large-format LED displays and related technologies for various applications, including sports, business, and transportation [7].

BROOKINGS, S.D., March 08, 2024 (GLOBE NEWSWIRE) -- Daktronics Inc. (NASDAQ:DAKT), a leading global designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, announced that Reece Kurtenbach, Chief Executive Officer and Sheila Anderson, Chief Financial Officer will hold a presentation and host one-on-one meetings with investors at the Sidoti Small-Cap Virtual Conference taking place on March 13-14, 2024. The presentation will begin at 10:00 a ...

BROOKINGS, S.D., March 08, 2024 (GLOBE NEWSWIRE) -- Daktronics Inc. (Nasdaq: DAKT), a leading global designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, announced that Reece Kurtenbach, Chief Executive Officer and Sheila Anderson, Chief Financial Officer will hold a presentation and host one-on-one meetings with investors at the Sidoti Small-Cap Virtual Conference taking place on March 13-14, 2024. The presentation will begin at 10:00 ...

Daktronics, Inc. (NASDAQ:DAKT) Q3 2024 Earnings Conference Call February 28, 2024 11:00 AM ET Company Participants Carla Gatzke - Corporate Secretary Sheila Anderson - CFO Reece Kurtenbach - President and CEO Conference Call Participants BJ Cook - Singular Research Anja Soderstrom - Sidoti Operator Good day, ladies and gentlemen, and welcome to the Daktronics' Fiscal Year 2024 Third Quarter Earnings Results Conference Call. As a reminder, this conference is being recorded, Wednesday, February 28, 2024, and ...

SAFE HARBOR STATEMENT Forward-looking statements are made in the context of information available as of the date stated. The Company undertakes no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur. • Execution drove positive operating income, delivering profitability in a seasonally low-volume period despite lower volume compared to last year's surge of backorder fulfillment Backlog -23% – continue to work down elevated levels from past periods ...

BROOKINGS, S.D., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), a leading global designer and manufacturer of best-in-class dynamic video communication displays and control systems for customers worldwide, today reported results for its fiscal 2024 third quarter which ended January 27, 2024. Q3 FY2024 financial highlights: Year-to-date product and service orders were $534.4 million(1), an increase of 6.6 percent as compared to $501.4 million in the same period of fiscal 2023; during the t ...

Exhibit 99.1 Daktronics, Inc. Announces 2024 Fiscal Third Quarter Results BROOKINGS, S.D., February 28, 2024 – Daktronics, Inc. (NASDAQ-DAKT), a leading global designer and manufacturer of best-in- class dynamic video communication displays and control systems for customers worldwide, today reported results for its fiscal 2024 third quarter which ended January 27, 2024. Q3 FY2024 financial highlights: "Our teams' strong execution of the manufacturing, operating, sourcing and pricing improvements that we put ...