OverviewSuggest Edit

Daktronics is a company providing scoring and electronic display systems. It designs, manufactures, sells, and services video displays, scoreboards, timing systems, digital billboards, dynamic message signs, sound systems, and other related products. In addition, the company offers a number of manufacturing capabilities, including component manufacturing, system manufacturing (metal fabrication, electronic assembly, sub-assembly, and final assembly), and testing.
TypePublic
Founded1968
HQBrookings, SD, US
Websitedaktronics.com
Employee Ratings4
Overall CultureF

Latest Updates

Employees (est.) (May 2021)1,981(-17%)
Job Openings76
Revenue (FY, 2021)$482 M(-20%)
Share Price (Nov 2021)$5.1
Cybersecurity ratingCMore
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Key People/Management at Daktronics

Reece A. Kurtenbach

Reece A. Kurtenbach

President, Chairman of the Board and Chief Executive Officer
Sheila Anderson

Sheila Anderson

Chief Financial Officer and Treasurer
James B. Morgan

James B. Morgan

Director
Lance D. Bultena

Lance D. Bultena

Director
José-Marie Griffiths

José-Marie Griffiths

Director
Shereta D. Williams

Shereta D. Williams

Director
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Daktronics Office Locations

Daktronics has offices in Brookings, Frenchs Forest, Brussel, Terrebonne and in 11 other locations
Brookings, SD, US (HQ)
201 Daktronics Dr
Frenchs Forest, AU
Suite 108, Ground Floor, 18 Rodborough Road
Brussel, BE
Havenlaan 86C
Terrebonne, CA
1092 Rue Levis, Unit 3
Shanghai, CN
No.99, Lane 2891 South Qi Lian Shan Road
Croissy-Beaubourg, FR
52 Rue d'Emerainville Lot 219 Building D
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Daktronics Financials and Metrics

Daktronics Revenue

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Daktronics's revenue was reported to be $482.03 m in FY, 2021 which is a 20.8% decrease from the previous period.
USD

Revenue (Q1, 2022)

144.7m

Gross profit (Q1, 2022)

32.2m

Gross profit margin (Q1, 2022), %

22.2%

Net income (Q1, 2022)

3.7m

EBIT (Q1, 2022)

5.7m

Market capitalization (12-Nov-2021)

234.5m

Closing stock price (12-Nov-2021)

5.1

Cash (31-Jul-2021)

74.7m
Daktronics's current market capitalization is $234.5 m.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

569.7m608.9m482.0m

Revenue growth, %

(7%)7%(21%)

Cost of goods sold

439.4m470.2m361.5m

Gross profit

130.3m138.7m120.6m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

180.3m174.9m127.7m143.6m127.4m94.1m144.7m

Cost of goods sold

134.8m134.8m103.2m107.9m94.1m70.2m112.5m

Gross profit

45.5m40.1m24.5m35.8m33.3m23.9m32.2m

Gross profit Margin, %

25%23%19%25%26%25%22%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

35.4m40.4m77.6m

Accounts Receivable

65.5m72.6m67.8m

Inventories

78.8m86.8m74.4m

Current Assets

253.7m252.0m265.0m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

20.8m29.3m40.3m44.6m69.8m76.9m74.7m

Accounts Receivable

96.2m103.4m80.1m88.6m74.7m63.2m78.5m

Inventories

85.5m79.2m80.2m81.4m71.4m72.3m84.5m

Current Assets

273.9m270.7m253.0m262.4m259.4m258.2m290.6m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

(958.0k)491.0k10.9m

Depreciation and Amortization

18.6m17.7m17.1m

Cash From Operating Activities

29.5m10.8m66.2m

Purchases of PP&E

(17.3m)(18.1m)(7.9m)
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

7.0m14.3m1.6m7.5m10.9m10.7m3.7m

Depreciation and Amortization

4.4m8.7m13.2m4.3m8.6m12.8m4.1m

Cash From Operating Activities

(18.2m)(10.3m)6.2m8.5m40.0m48.2m(1.0m)

Purchases of PP&E

(5.9m)(9.8m)(13.6m)(3.2m)(5.8m)(6.9m)(1.3m)
USDFY, 2019

Revenue/Employee

236.2k

Financial Leverage

1.9 x

P/E Ratio

365.0
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Daktronics Operating Metrics

Daktronics's Backlog was reported to be $285m in Q1, 2022.
FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021Q1, 2022

Backlog

$257 m$207 m$182 m$187 m$268 m$192 m$201 m$195 m$304 m$285 m

Facilities Owned

333

Product Lines

9910

Trademarks

323131
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Daktronics Acquisitions / Subsidiaries

Company NameDateDeal Size
ADFLOW NETWORKSMarch 15, 2016
Data DisplayAugust 20, 2014
OpenJune 12, 2013
Hoffend & Sons Inc.October 19, 2006
Dodge ElectronicsFebruary 03, 2005
European Timing SystemsDecember 15, 2004
ADFLOW Networks, Inc.
Daktronics Australia Pty Ltd.
Daktronics Belgium N.V.
Daktronics Brazil
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Daktronics Revenue Breakdown

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Daktronics revenue breakdown by business segment: 29.7% from Live Events, 12.1% from Transportation, 12.8% from International, 26.4% from Commercial and 19.0% from High School Park and Recreation

Daktronics revenue breakdown by geographic segment: 85.7% from United States and 14.3% from Outside United States

Daktronics Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

Daktronics Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Daktronics Online and Social Media Presence

Embed Graph

Daktronics Company Culture

  • Overall Culture

    F

    45/100

  • CEO Rating

    F

    38/100

  • Compensation

    D-

    48/100

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Daktronics News and Updates

Daktronics, Inc. Extends Shareholder Rights Plan

BROOKINGS, S.D., Nov. 19, 2021 (GLOBE NEWSWIRE) -- Daktronics, Inc. (Nasdaq - DAKT) today announced that its Board of Directors approved an amendment to its Rights Agreement, extending its expiration to November 19, 2024 and changing the exercise price to $20.00.

Daktronics, Inc. to Release Second Quarter Fiscal 2022 Financial Results

BROOKINGS, S.D., Nov. 16, 2021 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ-DAKT), announced today it will release its second quarter fiscal 2022 financial results on Wednesday, December 1, 2021 before the market opens. The Company will host a conference call and webcast for all interested parties…

Daktronics Helps Climate Pledge Arena Release the Event-Day Excitement for Seattle Kraken and Concert Goers with LED Display System

224 LED displays, most in the world at a sports and entertainment venue, are installed and integrated into the fan experience including dual hanging displays 224 LED displays, most in the world at a sports and entertainment venue, are installed and integrated into the fan experience including dual h…

Centerhung at TD Garden Gets Sizable Upgrade from Daktronics

4K resolution, 48.6-million-pixel centerhung coming to Boston in fall of 2021 4K resolution, 48.6-million-pixel centerhung coming to Boston in fall of 2021

Daktronics, Inc. Announces First Quarter Fiscal 2022 Results

BROOKINGS, S.D., Sept. 01, 2021 (GLOBE NEWSWIRE) -- Daktronics, Inc. (NASDAQ - DAKT) today reported results for fiscal 2022 first quarter which ended July 31, 2021.

North America Digital Out of Home (DOOH) Advertising Market Report 2021, Featuring Key Players BroadSign International LLC, Daktronics Inc., EyeMedia LLC, Lamar Advertising Company and The Times Group

Dublin, Aug. 23, 2021 (GLOBE NEWSWIRE) -- The "North America Digital Out of Home (DOOH) Advertising Market 2020-2030" report has been added to ResearchAndMarkets.com's offering.
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Daktronics Frequently Asked Questions

  • When was Daktronics founded?

    Daktronics was founded in 1968.

  • Who are Daktronics key executives?

    Daktronics's key executives are Reece A. Kurtenbach, Sheila Anderson and James B. Morgan.

  • How many employees does Daktronics have?

    Daktronics has 1,981 employees.

  • What is Daktronics revenue?

    Latest Daktronics annual revenue is $482 m.

  • What is Daktronics revenue per employee?

    Latest Daktronics revenue per employee is $243.3 k.

  • Who are Daktronics competitors?

    Competitors of Daktronics include LSI Industries, Applied Materials and BOE Varitronix.

  • Where is Daktronics headquarters?

    Daktronics headquarters is located at 201 Daktronics Dr, Brookings.

  • Where are Daktronics offices?

    Daktronics has offices in Brookings, Frenchs Forest, Brussel, Terrebonne and in 11 other locations.

  • How many offices does Daktronics have?

    Daktronics has 15 offices.