GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Daktronics Inc (NAS:DAKT) » Definitions » Net Income

Daktronics (Daktronics) Net Income

: $53.5 Mil (TTM As of Jan. 2024)
View and export this data going back to 1994. Start your Free Trial

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Daktronics's Net Income for the three months ended in Jan. 2024 was $10.7 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jan. 2024 was $53.5 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Daktronics's Earnings per Share (Diluted) for the three months ended in Jan. 2024 was $0.21.


Daktronics Net Income Historical Data

The historical data trend for Daktronics's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Daktronics Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Net Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.96 0.49 10.93 0.59 6.80

Daktronics Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.71 21.40 19.20 2.17 10.74

Daktronics Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Daktronics's Net Income for the fiscal year that ended in Apr. 2023 is calculated as

Net Income(A: Apr. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=13.257+-6.455+0+0
=6.8

Daktronics's Net Income for the quarter that ended in Jan. 2024 is calculated as

Net Income(Q: Jan. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=12.631+-1.889+0+0
=10.7

Net Income for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $53.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Daktronics  (NAS:DAKT) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Daktronics's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jan. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Daktronics Net Income Related Terms

Thank you for viewing the detailed overview of Daktronics's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Daktronics (Daktronics) Business Description

Traded in Other Exchanges
Address
201 Daktronics Drive, Brookings, SD, USA, 57006
Daktronics Inc designs and manufactures electronic scoreboards, programmable display systems, and large screen video displays for sporting, commercial and transportation applications. It is engaged in a full range of activities: marketing and sales, engineering and product design and development, manufacturing, technical contracting, professional services, and customer service and support. The company offers a complete line of products, from small scoreboards and electronic displays to large multimillion-dollar video display systems as well as related control, timing, and sound systems. The company has five reportable segments such as Commercial, Live Events, High School Park and Recreation, Transportation, and International. The company makes majority of its revenue from Live events.
Executives
Bradley T Wiemann other: VP, Commercial & Trans Mkts 225 TRAIL RIDGE RD, BROOKINGS SD 57006
Matthew John Kurtenbach other: VP of Manufacturing 1016 CHRISTINE AVE, BROOKINGS SD 57006
Howard I Atkins director OCCIDENTAL PETROLEUM CORPORATION, 5 GREENWAY PLAZA, STE 110, HOUSTON TX 77046
Andrew David Siegel director 1350 E FLAMINGO RD, #253, LAS VEGAS NV 89119
Shereta Diana Williams director 1124 KNOTT ST SE, ATLANTA GA 30316-3124
Lance Dean Bultena director 2620 N. UNDERWOOD STREET, ARLINGTON VA 22213
Reece A Kurtenbach other: Vice President, Video Systems 201 DAKTRONICS DR., BROOKINGS SD 57006-5128
Sheila Mae Anderson officer: CFO & Treasurer 3310 WALNUT LN, BROOKINGS SD 57006
Jose-marie Griffiths director 1022 NE 9TH ST, MADISON SD 57042
Carla S Gatzke officer: Secretary
John L Mulligan director 2417 EAST SOLANO DR, PHOENIX AZ 85016
Nancy D Frame director P O BOX PCS 116, PARIS I0 09777
Byron J Anderson director 395 PAGE MILL RD, MS A3 18, PALO ALTO CA 94306
James B Morgan director, officer: CEO & President 2834 WESTERN AVE S, BROOKINGS SD 57006
Kevin Patrick Mcdermott director 436 ROYAL OAKS DRIVE, NASHVILLE TN 37205

Daktronics (Daktronics) Headlines

From GuruFocus

Daktronics, Inc. set to rejoin Russell 3000� Index

By sperokesalga sperokesalga 06-20-2023