DAKT Q2 2023 Earnings — Daktronics, Inc. Revenue & Financial Results | Market Cap Arena

DAKTDaktronics, Inc.

$1B

Q2 2023 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$187M+14.0% YoY

Gross Profit

$32M16.9% margin

Operating Income

$2M0.8% margin

Net Income

-$13M-6.9% margin

EPS (Diluted)

$-0.29

QoQ Revenue Growth

+9.0%

Cash Flow

Operating Cash Flow

$877,000

Free Cash Flow

-$5M

Stock-Based Comp.

$474,000

Balance Sheet

Total Assets

$464M

Total Liabilities

$291M

Stockholders' Equity

$173M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$187M	$164M	+14.0%
Gross Profit	$32M	$32M	-1.7%
Operating Income	$2M	$4M	-65.2%
Net Income	-$13M	$2M	-646.9%

Revenue Segments

Product

$463M86%

Service

$61M11%

Service-type Warranty Contracts

$11M2%

Geographic Segments

UNITED STATES

$163M87%

Non-US

$24M13%