Slide 1: Fiscal Second Quarter 2025 Results Call
DYNAMIC MESSAGE SIGNS Fiscal Second Quarter 2025 Results Call December 4, 2024 NASDAQ: DAKT CONTROL SYSTEMS
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT In addition to statements of historical fact, this presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and is intended to enjoy the protection of that Act. These forward-looking statements reflect the Compa
Slide 3: Fiscal Second Quarter 2025 Highlights
FISCAL SECOND QUARTER 2025 HIGHLIGHTS Strong execution and sales growth in seasonally highest volume quarter of the year • Drove sales +4.5% through fulfillment of several large projects, efficient manufacturing/throughput and on-time deliveries, especially in Live Events and Commercial OOH deliveri
Slide 4: Market Vertical – FQ2 Review
MARKET VERTICAL – FQ2 REVIEW Live Events International • Several large projects completed - • Orders -11% YoY / +4% QoQ large projects include Miami Heat • EcoSmart, energy savings product Flame Ball and Centerhung Display deliveries – Open Media, England • Orders --8% YoY / +39% QoQ • COB NPP techn
Slide 5: FQ2 FY2025 Financial Highlights
FQ2 FY2025 FINANCIAL HIGHLIGHTS ($ in millions, except per share data) Orders (1) Net Sales Gross Margin Operating Margin(2) Q225 Q125 Q224 Q225 Q125 Q224 Q225 Q125 Q224 Q225 Q125 Q224 $226 $208 $199 $183 26.8% 26.4% FQ2 2025 $177 $176 27.2% operating 10.0% expenses include $3.5 9.7% million in cost
Slide 6: YTD FY2025 Financial Highlights
YTD FY2025 FINANCIAL HIGHLIGHTS ($ in millions, except per share data) Orders (1) Net Sales Gross Margin Operating Margin(2) F2025 F2024 F2025 F2024 F2025 F2024 F2025 F2024 $434 $432 1H 2025 operating $354 $342 29.0% expenses 26.6% include $4.3 13.8% million in costs associated with strategic 8.8% t
Slide 7: Fiscal 2025 Digital Transformation & Strategic Priorities
Fiscal 2025 Digital Transformation & Strategic Priorities Digital transformation : • Strengthening foundational management systems to support more robust data gathering and analysis and allocate resources and capital to most profitable segments • F2025 launches: • New Enterprise Performance Manageme
Slide 8: Business Transformation Office Process
Business Transformation Office Process Strategic Review of Business: Business & Digital • What we’re doing well Transformation • Aligning to the trends and needs of customers • Identifying and adapting to the market trends in buying behaviors and product needs World-leading • Adjusting resources and
Slide 9: Summary
Summary • Performance continues to serve as evidence that we are on sustainable trajectory of growth and increasing profitably • Transformation commitment toward above SAM revenue growth and mid-to-high-teens returns on capital • Global industry leader in best-in-class video communication displays a
Slide 10: Appendix
APPENDIX Montgomery County Veterans Memorial Park Conroe, TX
Slide 11: Net Sales and Orders by Business Unit
NET SALES AND ORDERS BY BUSINESS UNIT ($ in thousands) (1) Orders and backlog are not measures defined by accounting principles generally accepted in the United States of America ("GAAP"), and our methodology for determining orders and backlog may vary from the methodology used by other companies in
Slide 12: Reconciliation of Free Cash Flow
RECONCILIATION OF FREE CASH FLOW (1) ($ in thousands, unaudited) (1) In evaluating its business, Daktronics considers and uses free cash flow as a key measure of its operating performance. The term free cash flow is not defined under accounting principles generally accepted in the United States of A
Slide 13: Reconciliation of Adjusted Operating Income
RECONCILIATION OF ADJUSTED OPERATING INCOME (1) ($ in thousands, unaudited) (1) In evaluating its business, Daktronics considers and uses adjusted operating income as a key measure of its operating performance. The term adjusted operating income is not defined under GAAP and is not a measure of oper
Slide 14: Reconciliation of Adjusted Net Income
RECONCILIATION OF ADJUSTED NET INCOME (1) ($ in thousands, unaudited) (1) Adjusted net income. We disclose adjusted net income as a non-GAAP financial measurement in order to report our results exclusive of items that are non-recurring or not core to our operating business. We believe presenting thi
Slide 15: Reconciliation of Long-Term Debt
RECONCILIATION OF LONG-TERM DEBT ($ in thousands, unaudited)
Slide 16: Fiscal Second Quarter 2025 Results Call
DYNAMIC MESSAGE SIGNS Fiscal Second Quarter 2025 Results Call December 4, 2024 NASDAQ: DAKT CONTROL SYSTEMS