Daktronics Q1 FY27 EPS Jumps 21% to $0.40; New $34.5M Buyback Authorized
DAKT sits 24% above its 52-week low of $16.89.
Summary
Daktronics reported strong fiscal Q1 2027 results with EPS up 21.2% to $0.40, authorized a new $34.5 million share repurchase program, and raised CEO base salary to $600,000.
Key Events · Earnings and Guidance · DAKT
-
Q1 FY27 EPS Up 21.2%
Diluted EPS of $0.40, up from $0.33 a year ago, on sales of $234.6 million (+7.1%) and operating income of $24.9 million.
-
New $34.5M Buyback Program
Board terminated the Fiscal 2017 Repurchase Program and authorized a new Fiscal 2027 Repurchase Program of $34.5 million, substantially equivalent to remaining prior authority.
-
CEO Compensation Increase
President and CEO Ramesh Jayaraman's base salary increased to $600,000 annually effective September 13, 2026, with fiscal 2027 cash incentive target set at 100% of base salary.
-
Credit Agreement Amendment
Amendment No. 1 with JPMorgan Chase Bank, N.A. allows transfer of certain non-material patents from the X Display Company acquisition for less than 75% of fair market value.
Analysis · DAKT · Manufacturing
Daktronics delivered its highest quarterly EPS in 12 quarters at $0.40, up 21.2% year-over-year on 7.1% sales growth despite one fewer week in the period. Operating margin held at 10.6% and cash reached $154.6 million. The board simultaneously replaced its legacy repurchase program with a new $34.5 million authorization, signaling continued commitment to returning capital. CEO Ramesh Jayaraman received a base salary increase to $600,000 with a 100% target cash incentive, aligning compensation with the company's fiscal 2028 growth targets.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 29.9% of the 1988 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.12%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, DAKT was trading at $21.00 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $935.2M. The 52-week trading range was $16.89 to $28.27. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.