The strong EPS beat and cash generation support a positive near-term reaction. However, the 19.6% YoY decline in orders warrants monitoring—if the expected Q2 large orders do not materialize, the growth narrative could weaken. The new $34.5M buyback provides a floor but is not a catalyst by itself.
Price Chart
Executive Summary
Daktronics reported a strong Q1 FY2027 beat, with diluted EPS of $0.40 (+21.2% YoY) on 7.1% sales growth to $234.6M, despite one fewer week. Operating margin held at 10.6%, cash reached $154.6M, and backlog remained above $300M for the sixth consecutive quarter. The Board also authorized a new $34.5M share repurchase program and increased the CEO's base salary to $600,000.
Key Financial Metrics
Key Facts
- Diluted EPS $0.40 vs consensus $0.35 (+14.3% beat), up 21.2% YoY from $0.33
- Net sales $234.6M, up 7.1% YoY despite one less week in the quarter
- Operating income $24.9M, operating margin 10.6% (flat YoY)
- Operating cash flow $31.4M, period-end cash $154.6M
- Product backlog $311.3M, sixth consecutive quarter above $300M
- New orders $191.8M, down 19.6% YoY; company cites timing of large orders expected in Q2
- Board authorized new $34.5M share repurchase program (replacing prior program)
- CEO base salary increased to $600,000 annually
Financial Impact
EPS beat of $0.05 vs consensus (+14.3%) on $234.6M revenue; operating cash flow $31.4M; free cash flow $27.5M
Risk Factors
- Orders declined 19.6% YoY; timing of large orders could slip
- Tariff refunds and input cost volatility (memory, components) could pressure margins
- Historical calibration shows prior bullish calls on DAKT underperformed at T+20
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-059967 |
| Document: dakt-20260901.htm | 0001628280-26-059967 |
| Document: 0001628280-26-059967-index-headers.html | 0001628280-26-059967 |
| Document: 0001628280-26-059967-index.html | 0001628280-26-059967 |
| Document: 0001628280-26-059967.txt | 0001628280-26-059967 |
| 8-K Data (Synthetic) | 0001628280-26-059967 |
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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