DAKT Q1 2023 Earnings — Daktronics, Inc. Revenue & Financial Results | Market Cap Arena

DAKTDaktronics, Inc.

$1B

Q1 2023 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$172M+18.8% YoY

Gross Profit

$26M15.0% margin

Operating Income

-$6M-3.2% margin

Net Income

-$5M-3.1% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

+6.0%

Cash Flow

Operating Cash Flow

-$23M

Free Cash Flow

-$33M

Stock-Based Comp.

$511,000

Balance Sheet

Total Assets

$473M

Total Liabilities

$287M

Stockholders' Equity

$187M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$172M	$145M	+18.8%
Gross Profit	$26M	$32M	-19.9%
Operating Income	-$6M	$6M	-197.5%
Net Income	-$5M	$4M	-244.5%

Revenue Segments

Product

$469M87%

Service

$61M11%

Service-type Warranty Contracts

$10M2%

Geographic Segments

UNITED STATES

$149M87%

Non-US

$22M13%