Daktronics drops after reporting loss for Q4

Daktronics

08/06/2022 16:13

** Shares of electronics co Daktronics Inc  DAKT.O  drop
nearly 3% to $3.43
    ** Co reports Q4 loss of 2 cents/shr, compared with a profit
of 1 cent/shr a year earlier
    ** DAKT says expects supply chain snags and tight labor
market conditions to continue for the rest of 2022
    ** As these headwinds continue, DAKT will need to delay
production schedules, it says
    ** YTD, DAKT shares have lost over 30%

 (Reporting by Niket Nishant in Bengaluru)
 ((Niket.Nishant@thomsonreuters.com;))