---
schema_version: "secwatch.filing_event.v1"
accession: "0000915779-24-000081"
form_type: "8-K"
ticker: "DAKT"
cik: "0000915779"
company_name: "DAKTRONICS INC /SD/"
filed_at: "2024-09-04T23:59:59+00:00"
generated_at: "2026-05-31T06:32:28.082866+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Daktronics Q1 FY2025: Sales $226.1M, op. income $22.7M, adj. net income $16.6M

## Summary
- Net sales of $226.1M, +4.7% sequentially but -2.8% YoY; gross margin 26.4% vs 30.6% YoY.
- Operating income $22.7M (10.0% of sales) vs $19.4M (9.0%) Q4 FY2024; op. expenses +19.6% YoY.
- Adjusted net income $16.6M, excluding $21.6M non-cash fair value adjustment on convertible note.
- Product orders $176.2M (+11.1% YoY); backlog $267.2M, down from $316.9M at Q4 FY2024.
- Generated $19.5M cash from ops; cash/marketable securities $97.2M; total debt $76.0M.

## SEC filing metadata
- accession: 0000915779-24-000081
- form_type: 8-K
- ticker: DAKT
- cik: 0000915779
- company_name: DAKTRONICS INC /SD/
- filed_at: 2024-09-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/915779/000091577924000081/0000915779-24-000081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915779/000091577924000081/dakt-20240904.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000915779-24-000081
- JSON: https://secwatch.observer/filing/0000915779-24-000081.json
- Plain text: https://secwatch.observer/filing/0000915779-24-000081.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.