DAKT reports net sales growth and higher EPS; $40M buyback authorized
DAKT net sales rose 7.1% year-over-year to $234.6M, while EPS increased 21.2%. Company cites strong Transportation and International segment growth, with backlog above $300M and a $40M stock buyback authorized.
Net sales rose 7.1% year-over-year to $234.6M, with EPS up 21.2% and strong growth in Transportation and International segments.
Backlog remains robust above $300M, and a $40M stock buyback was authorized.
Strategic investments and operational improvements continue to drive momentum.Original docume…