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Daktronics reports an upswing in earnings

Jordan Rusche
The Daktronics Showroom in the main building of its Brookings campus.

Daktronics reports a successful third quarter of earnings, positive news following reports of financial struggles for the Brookings-based sign manufacturer.

The company says profits rose 32 percent last quarter.

Daktronics cites pricing increases, improved supply chain operation, and company-wide expense management as pillars to their successful quarter.

SEC filings in December revealed the company was in financial distress. Alta Fox – an investment company that owns nearly six percent of Daktronics – even called for management to step down.

Daktronics has not responded to request for comment on their recent financial report.

Evan Walton is an SDPB reporter based in Sioux Falls. Evan holds a Master’s in English Literature from Southern New Hampshire University and was honorably discharged from the United States Army in 2015, were he served for five years as an infantryman.