Daktronics Third Quarter 2024 Earnings: EPS: US$0.23 (vs US$0.082 in 3Q 2023)

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Daktronics (NASDAQ:DAKT) Third Quarter 2024 Results

Key Financial Results

  • Revenue: US$170.3m (down 7.9% from 3Q 2023).

  • Net income: US$10.7m (up 189% from 3Q 2023).

  • Profit margin: 6.3% (up from 2.0% in 3Q 2023). The increase in margin was driven by lower expenses.

  • EPS: US$0.23 (up from US$0.082 in 3Q 2023).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Daktronics shares are up 8.4% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Daktronics' balance sheet health.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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