By Adriano Marchese

Shares of electronics company Daktronics were higher Wednesday morning after reporting higher sales and new orders in the second quarter.

The company's stock was recently trading 14% higher at $20.38.

Sales for the three months ended Nov. 1 rose to $229.3 million from $208.3 million. The increase was driven by stronger sales in its Commercial, Live Events and International segments, it said.

New orders for products and services rose to $199.1 million, compared with $177.6 million a year earlier, with the backlog now up to $320.6 million, from $236 million a year ago.

Net income fell to $17.5 million, down from $21.4 million a year earlier. On a per-share basis, income was 35 cents, up from 22 cents.

Daktronics said also that it is opening a facility in Mexico--expected to come online by the end of fiscal 2026--which it says will complement its U.S. manufacturing operations.

Chief Executive Brad Wiemann said the company's product backlog of $320.6 million provides Daktronics with a revenue runway, while its pipeline of potential new projects over the next year reflects sustained strong customer demand.

Looking ahead, Daktronics said it is broadening its indoor and outdoor video, software, and control-system offerings and advancing a digital transformation aimed at boosting growth, cutting costs, and improving customer service.

"We are highly energized and remain on track to achieve our three-year plan objectives of a 7% to 10% compounded annual revenue growth, 10% to 12% operating margin and 17% to 20% return on invested capital," Wiemann said.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

December 10, 2025 10:05 ET (15:05 GMT)

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