Daktronics, Inc. has announced its fiscal year 2025 and fourth-quarter results, reporting an operating profit of $33 million for the year, with an adjusted operating profit of $50 million. In contrast, the fourth quarter saw an operating loss of $2 million, though adjusted operating income was recorded at $6 million. The company's orders in the fourth quarter increased by 29% sequentially and 17% year-over-year, contributing to a year-end product backlog of $342 million, which is an 8% increase. The fiscal year 2025 operating cash flow rose by 55% to $98 million, with the year-end cash balance reaching $128 million. The company embarked on a business transformation in fiscal 2025, which aimed at ambitious sales growth, margin improvements, and top quartile ROIC targets. This transformation included initiatives for inventory efficiency and value-based pricing, contributing to a 54.5% increase in full-year cash flow from operations. For fiscal 2025, net sales growth was driven by strong demand in the Commercial, High School Park and Recreation, and International business units. Although net sales were not as high as orders in the fourth quarter, the increase in orders is expected to lead to solid revenue growth as projects begin in fiscal 2026. Daktronics has reconfirmed its three-year forward objectives of 7-10% sales growth, a 10-12% operating margin, and a 17-20% ROIC. Additionally, the company has rolled out a new Service software system as part of its ongoing business transformation, aimed at streamlining processes and enhancing customer experiences.