Daktronics launches next phase of transformation; CFO search initiated

DAKTRONICS INC /SD/

Business Transformation Office formed with CEO, leadership team, and senior consultants; ad hoc board committee chaired by Howard Atkins.
Board begins search for new CFO; Sheila Anderson to become Chief Data & Analytics Officer once successor is named.
Q2 FY2025 revenue, gross profit, and operating income expected approximately in line with consensus; earnings call in early December.
Company has ~$29M remaining under share repurchase authorization and is evaluating potential augmentation.

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