The EPS beat and revenue growth are positive, but the sharp decline in new orders (-19.6% YoY) and backlog contraction warrant caution. Monitor the Q2 order book closely for the 'few substantial transactions' expected to book — if they materialize, the growth narrative remains intact; if not, the stock may re-rate lower.
Price Chart
Executive Summary
Daktronics reported fiscal Q1 2027 EPS of $0.40, beating the $0.35 consensus by 14.3%, on revenue of $234.6M, which was 1.9% above the $230.3M estimate. Revenue grew 7.1% YoY despite one less week, driven by strong Transportation (+29%) and International (+66%) segments, while operating margin held at 10.6% and cash flow from operations rose to $31.4M. The beat is notable, but new orders fell 19.6% YoY and backlog declined to $311M from $360M a year ago, tempering the outlook.
Key Financial Metrics
Key Facts
- Diluted EPS of $0.40 beat consensus of $0.35 by 14.3% and rose 21.2% YoY from $0.33.
- Revenue of $234.6M beat consensus of $230.3M by 1.9% and grew 7.1% YoY despite a 13-week vs 14-week comparison.
- Operating margin was 10.6%, flat YoY; gross margin improved to 30.5% from 29.7% YoY, aided by tariff refunds.
- Operating cash flow was $31.4M, up from $26.1M YoY; period-end cash balance was $154.6M.
- New orders fell 19.6% YoY to $191.8M, with Live Events orders dropping 48.8% YoY; backlog was $311.3M, down from $360.3M a year ago.
- Company repurchased $4.4M of shares in Q1; $40M buyback authority remains.
- Management reiterated fiscal 2028 targets of 7-10% revenue CAGR, 10-12% operating margin, and 17-20% ROIC.
Financial Impact
EPS beat consensus by $0.05 (14.3%); revenue beat by $4.3M (1.9%); operating cash flow improved by $5.3M YoY.
Risk Factors
- New orders fell 19.6% YoY, with Live Events orders down 48.8%, signaling potential demand softness in a key segment.
- Backlog declined to $311M from $360M a year ago, the lowest in the six-quarter streak above $300M.
- Operating expenses grew 11.6% YoY, outpacing revenue growth of 7.1%, pressuring margin expansion.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3355026 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 11, 2026 21d ago | 8-K | $17.91 $17.66 | ▼ −1.40% | ▼ −1.50% | $17.96 (+0.28%) |
Sep 2, 2026 4w ago | 8-K | $19.13 $18.95 | ▼ −0.94% | ▲ +0.02% | $17.96 (−6.12%) |
Sep 2, 2026 4w ago | Press Release | $19.13 $18.95 | ▼ −0.94% | ▲ +0.02% | $17.96 (−6.12%) |
Aug 10, 2026 7w ago | Press Release | $21.28 $19.94 | ▲ +6.30% | ▲ +6.25% | $17.96 (+15.60%) |
Jul 17, 2026 11w ago | 8-K | $19.12 $19.81 | ▲ +3.61% | ▲ +4.30% | $17.96 (−6.07%) |
Jun 11, 2026 16w ago | Institutional Cluster | $20.30 $20.76 | ▲ +2.27% | ▲ +1.59% | $17.96 (−11.53%) |
Jun 11, 2026 16w ago | Institutional Cluster | $20.91 $20.17 | ▼ −3.54% | ▼ −3.97% | $17.96 (−14.11%) |
May 21, 2026 19w ago | Press Release | $19.73 $20.62 | ▼ −4.51% | ▼ −2.91% | $17.96 (+8.97%) |
Apr 9, 2026 25w ago | 8-K | $19.89 $19.07 | ▼ −4.12% | ▼ −7.31% | $17.96 (−9.70%) |
Mar 18, 2026 28w ago | Press Release | $20.23 $21.42 | ▲ +5.88% | ▲ +6.60% | $17.96 (−11.22%) |
US Market Status
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