What changed
DAKT printed Q1 FY27 GAAP EPS of $0.40, up 21.2% from $0.33 a year ago. Revenue rose 7.1% YoY to $235M despite one less week. Operating margin held at 10.6%, with gross margin up 80 bps to 30.5% on tariff refunds, partially offset by higher memory and input costs. Backlog remained above $300M for a sixth straight quarter at $311M.
Why it matters
DAKT printed Q1 FY27 GAAP EPS of $0.40, up 21.2% from $0.33 a year ago. Revenue rose 7.1% YoY to $235M despite one less week. Operating margin held at 10.6%, with gross margin up 80 bps to 30.5% on tariff refunds, partially offset by higher memory and input costs. Backlog remained above $300M for a sixth straight quarter at $311M.