---
schema_version: "secwatch.filing_event.v1"
accession: "0000915779-25-000057"
form_type: "8-K"
ticker: "DAKT"
cik: "0000915779"
company_name: "DAKTRONICS INC /SD/"
filed_at: "2025-03-05T23:59:59+00:00"
generated_at: "2026-05-25T12:19:56.093057+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Daktronics Q3 net loss $17.2M; CEO Reece Kurtenbach steps down, interim CEO named

## Summary
- Sales $149.5M (-12.2% YoY); operating loss $3.6M vs +$8.0M; net loss $17.2M.
- Adjusted operating income $1.2M excluding $4.8M transformation/governance costs.
- CEO/President/Chairman Reece Kurtenbach steps down; Brad Wiemann named interim CEO; Howard Atkins acting CFO.
- Orders $186.9M (-2.7% YoY); backlog $273.2M; cash from ops $74.8M YTD.
- Business transformation targets: 7-10% revenue growth, 10-12% op margin by FY2028.

## SEC filing metadata
- accession: 0000915779-25-000057
- form_type: 8-K
- ticker: DAKT
- cik: 0000915779
- company_name: DAKTRONICS INC /SD/
- filed_at: 2025-03-05T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/915779/000091577925000057/0000915779-25-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915779/000091577925000057/dakt-20250305.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000915779-25-000057
- JSON: https://secwatch.observer/filing/0000915779-25-000057.json
- Plain text: https://secwatch.observer/filing/0000915779-25-000057.txt

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