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DAKT — Daktronics News Story

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Daktronics soars on Q1 earnings beat

**  Shares of digital display maker Daktronics DAKT.O rise 22.4% at $21.33, at over a 17-year high

     ** Co reports Q1 EPS of 33 cents, above LSEG-compiled estimates of 25 cents

    ** Revenue of $218.972 mln also above estimates of $213.41 mln

    ** Orders for Q1 increased by 35.4%, with order volume up on growth in the Live Events, High School Park and Recreation, and International business units

    ** Co reiterates three-year target of 7%-10% sales growth and 10%-12% operating margin

    ** As of last close, stock had risen 3.38% YTD

(Simone Lobo)

((Simone.Lobo@thomsonreuters.com, +919920570373))

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