Daktronics (DAKT) Misses Q4 EPS by 14c, Miss on Revenues

Daktronics (NASDAQ: DAKT) reported Q4 EPS of ($0.09), $0.14 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $138.2 million versus the consensus estimate of $145.16 million.

Outlook

Kurtenbach continued, "As we enter into fiscal 2019; sport, commercial, and governmental entities continue to choose digital applications to support their needs. This demand is driving long-term growth in LED video displays as well as other digital applications. Our range of solutions and global capabilities make us the industry's most experienced digital display provider. We are focused on winning more orders and will continue our velocity in product development to serve the industry's growing demand. We expanded our quality and reliability management programs and invested in resources over the past years to strengthen our overall quality. In addition, we are focused on carefully managing our operation spend as we continue on our path to long-term profitable growth."

For earnings history and earnings-related data on Daktronics (DAKT) click here.

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