Daktronics beats by $0.10, beats on revs :
- Reports Q2 (Oct) earnings of $0.20 per share, $0.10 better than the single analyst estimate of $0.10; revenues rose 7.8% year/year to $170 mln vs the $161.5 mln two analyst estimate.
- Orders for the second quarter of fiscal 2017 decreased 13.8 percent as compared to the second quarter of fiscal 2016.
- "The pipeline of order opportunities in the worldwide marketplace remains strong. While orders and backlog as compared to last year at this time are slightly down, we are optimistic about continued growth through the activity and interest in the worldwide marketplace for desired usage of digital technology. However, we recognize that there is uncertainty in the global macroeconomic picture; therefore, we are carefully managing our costs through continuous improvement and execution of our processes."
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