BUZZ-Daktronics soars on Q1 earnings beat

Reuters

09/10

BUZZ-<a href="https://laohu8.com/S/DAKT">Daktronics</a> 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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