Daktronics (DAKT +13.8%) is running today after beating FQ2 revenue estimates prior to the open....
Tuesday, November 20, 2012, 11:10 AM ETDaktronics (DAKT +13.8%) is running today after beating FQ2 revenue estimates prior to the open. Net earnings more than doubled as the supplier of electronic-display systems saw a sharp rise in sales to transportation, schools and theatres. Commercial sales of large video displays and electronic billboards fell 9% to $39.8M, but live events sales climbed 8.4% to $50.6M, while sales to schools and theaters jumped 26% to $21.7M. Gross margin also rose to 28.3% from 23.2%.
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