Shares of Daktronics (DAKT) plummeted 11.58% in Wednesday's trading session following the release of disappointing fourth-quarter results for fiscal year 2025 and ongoing concerns about tariff impacts. The electronic display systems manufacturer reported a significant downturn in its financial performance, falling short of analyst expectations.

For the quarter ended April 26, Daktronics posted a net loss of $9.425 million, translating to earnings per share (EPS) of -$0.19. This marks a stark contrast to the profit of $2.5 million reported in the same quarter last year. The company's revenue also took a hit, falling 20% year-over-year to $172.551 million, well below the analyst consensus estimate of $193.96 million. Additionally, Daktronics reported an operating loss of $1.74 million for the quarter.

Adding to investor concerns, the company highlighted ongoing uncertainty regarding tariffs and their potential impact on the business. Interim CEO Brad Wiemann stated that Daktronics "cannot reliably determine ultimate tariff impact at this time." However, the company is implementing measures to mitigate these effects, including selective price adjustments and building escalation clauses into contracts. Despite these efforts, Daktronics warned that the offsets may not be immediate, suggesting continued pressure on margins in the near term. The lack of clear guidance for the current fiscal year due to tariff uncertainties further contributed to the negative market reaction.