Daktronics Inc.
(NASDAQ:DAKT) stock rose Wednesday after the digital display and scoring systems company reported fourth-quarter earnings and revenue that exceeded Wall Street expectations.
The company posted fiscal fourth-quarter net sales of $208.6 million, up 20.9% from a year earlier and above analyst estimates of $205.3 million.
Adjusted earnings were 27 cents per share, topping expectations of 20 cents per share.
GAAP earnings were 17 cents per share, compared with a loss of 19 cents per share in the prior-year period.
