Daktronics, Inc. (NASDAQ-DAKT) shares jumped Wednesday. The South Dakota-based company, acknowledged as a recognized industry leader in the design and manufacturing of best-in-class dynamic video communication displays and control systems for customers worldwide, reported results for its fiscal 2026 first quarter which ended August 2, 2025.
Fiscal 2026 is a 53-week year and fiscal 2025 was a 52-week year; therefore, the three months ended August 2, 2025 contains operating results for 14 weeks while the three months ended July 27, 2024 contained operating results for 13 weeks.
Net income for the quarter of $16.5 million, compared to net loss of $4.9 million for the first quarter of fiscal 2025
Operating income increased to $23.3 million, compared to $22.7 million for the first quarter of fiscal 2025
Sales of $219.0 million, reflecting the third consecutive quarter of sequential revenue growth
Cash flows from operations rose to $26.1 million for the fiscal first quarter, up from $19.5 million for the first quarter of fiscal 2025
Orders for product and service rose to $238.5 million for the quarter, up 35.4% from the first quarter of fiscal 2025, and the third highest quarterly orders in the Company’s history
DAKT popped $4.01, or 23%, to $21.44.
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