secwatch.observer — SEC 8-K summary
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Issuer:     DAKTRONICS INC /SD/ (DAKT)
CIK:        0000915779
Form:       8-K
Filed at:   2026-03-04T23:59:59+00:00
Accession:  0001628280-26-014398
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Daktronics Q3 FY2026 revenue $182M (+22% YoY), orders $201M (+8%), backlog $342M (+25%)
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- Net sales $181.9M, up 21.6% YoY; net income $3.0M ($0.06 diluted EPS) vs net loss $17.2M ($0.36 loss) in prior year.
- New orders $201.1M (+7.6% YoY); product backlog $342.3M (+25.3%) from $273.2M a year ago.
- Adjusted operating income $4.0M vs $1.2M; gross margin 24.0% vs 24.6%; operating expenses $41.7M incl $2.1M transition/advisory/legal costs.
- Cash and equivalents $144.4M; total debt $11.1M; repurchased 1.3M shares for $22.8M in first nine months of FY2026.
- Entered new $71.5M senior credit facility in Nov 2025; acquired non-material Display Business from X Display Company on Dec 22, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/915779/000162828026014398/0001628280-26-014398-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/915779/000162828026014398/dakt-20260304.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-014398

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