Daktronics rises on higher Q4 sales

Daktronics

12/07/2023 13:33

** Shares of electronics co Daktronics  DAKT.O  rise 13.8%
to $6.95
    ** Posts Q4 sales of $209.9 mln, up 29.4% from a year
earlier
    ** Says sales growth was driven by conversion of our strong
backlog, improved stabilization of supply chains, and increased
manufacturing capacity
    ** DAKT shares up 116.67% YTD


 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.chaudhary@thomsonreuters.com))