Daktronics Q2 op income up 37% to $21.6M; sales $229.3M +10%; adds $20M buyback; names new CEO

DAKTRONICS INC /SD/

2025-Q2 EPS reported $0.68 revenue$448,225,000

Operating income $21.6M (9.4% margin) vs $15.8M (7.6%) YoY; net income $17.5M, diluted EPS $0.35 vs $0.22.
Orders $199.1M (+12.1% YoY); backlog $320.6M (+36% YoY).
Board authorized additional $20M share repurchase; $25.7M remaining from total $80M program.
Ramesh Jayaraman appointed CEO effective Feb 1, 2026; Brad Wiemann interim through Q3.
Cash $149.6M vs debt $11.3M; repurchased 0.7M shares for $12.2M in H1.

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