Daktronics Inc. Reveals 0% Advance In Q3 Profit

(RTTNews) - Daktronics Inc. (DAKT) reported earnings for its third quarter that advanced compared to the same period last year.

The company said its bottom line totaled $44.02 million, or $0.04 per share. This was up from $43.99 million, or $0.01 per share, in last year's third quarter.

Analysts had expected the company to earn $0.02 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.8% to $123.82 million. This was up from $118.12 million last year.

Daktronics Inc. earnings at a glance:

-Earnings (Q3): $44.02 Mln. vs. $43.99 Mln. last year. -Earnings Growth (Y-o-Y): 0.1% -EPS (Q3): $0.04 vs. $0.01 last year. -EPS Growth (Y-o-Y): 300% -Analysts Estimate: $0.02 -Revenue (Q3): $123.82 Mln vs. $118.12 Mln last year. -Revenue Change (Y-o-Y): 4.8%