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Daktronics to Present at Sidoti Small-Cap Investor Conference
Globenewswire· 2025-09-10 16:19
BROOKINGS, S.D., Sept. 10, 2025 (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 management will present and host one-on-one meetings with investors at the Sidoti Virtual Small-Cap Investor Conference taking place on September 17-18, 2025. The presentation will begin at 12:15pm ET on Wednesday, September 17, 2025 and can be accessed live here: Webina ...
Daktronics(DAKT) - 2026 Q1 - Earnings Call Transcript
2025-09-10 16:02
Daktronics (NasdaqGS:DAKT) Q1 2026 Earnings Call September 10, 2025 11:00 AM ET Company ParticipantsBrad Wiemann - Interim President, CEOBrittany Jacobson - Corporate Administration SupervisorHoward Atkins - Board Member, Acting CFOConference Call ParticipantsAaron Spychalla - AnalystAnja Soderstrom - AnalystEric DeLamarter - AnalystOperatorGood day and thank you for standing by. Welcome to Daktronics first quarter FY26 financial results conference call. At this time, all participants are in a listen-only m ...
Daktronics(DAKT) - 2026 Q1 - Earnings Call Transcript
2025-09-10 16:02
Daktronics (NasdaqGS:DAKT) Q1 2026 Earnings Call September 10, 2025 11:00 AM ET Company ParticipantsBrad Wiemann - Interim President, CEOBrittany Jacobson - Corporate Administration SupervisorHoward Atkins - Board Member, Acting CFOConference Call ParticipantsAaron Spychalla - AnalystAnja Soderstrom - AnalystEric DeLamarter - AnalystOperatorGood day and thank you for standing by. Welcome to Daktronics First Quarter FY 2026 Financial Results Conference Call. At this time, all participants are in a listen-onl ...
Twin Disc Announces Third Quarter Results
Globenewswire· 2025-05-07 12:00
Core Insights - Twin Disc, Inc. reported a solid performance in the third quarter of fiscal 2025, with a 9.5% year-over-year increase in sales to $81.2 million, driven by acquisitions and strong demand in marine propulsion markets [4][8] - The company experienced a net loss of $1.5 million for the quarter, a significant decline from a net income of $3.8 million in the same period last year, primarily due to reduced operating income and increased expenses [9][10] - The six-month backlog of orders increased to $133.7 million, reflecting sustained order activity across key markets [10][11] Financial Performance - Sales increased by 9.5% year-over-year to $81.2 million, with organic revenue growth of 1.7% when excluding acquisitions and foreign currency impacts [4][27] - Gross profit rose 3.8% to $21.7 million, but gross margin decreased by approximately 150 basis points to 26.7% due to an unfavorable product mix [6][8] - Marketing, engineering, and administrative expenses increased by 13.2% to $19.4 million, driven by the addition of Katsa and Kobelt, as well as inflationary impacts [7][8] Product Group Performance - Marine and Propulsion Systems sales increased by 10.7% year-over-year to $49.3 million, while Land-Based Transmissions saw a decline of 6.9% [5] - The Industrial product segment experienced significant growth, with sales up 56.2% to $9.7 million [5] Strategic Focus - The company is focused on integrating recent acquisitions, driving operational efficiencies, and positioning itself as a leader in hybrid and electric marine solutions [3][11] - Twin Disc's diversified geographic footprint and mission-critical portfolio are expected to provide resiliency amid global macroeconomic uncertainties [2][3] Cash Flow and Debt - Operating cash flow for the quarter was $3.4 million, with a healthy backlog supporting future cash generation [8][10] - Total debt increased by 139.3% to $40.8 million, primarily due to higher long-term debt related to acquisitions [10][29]