Digital billboard maker Daktronics delays earnings report citing “the discovery of a material weakness relating to the lack of adequate and appropriate financial reporting…” (Billboard Insider)
Insiders’ Take: A delay in an earnings release and a “going concern” caution is big news. You can expect to hear more on December 12th when the company releases financial statements and holds it earnings call. Daktronics provides quality hardware and software products to the OOH industry, but out of home accounted for only 26.5% of net sales in their last fiscal year. […]
Thu, Dec 8, 2022 at 9:20 PM