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Daktronics, the video display and scoreboard manufacturer, posted $164.5 million in sales in fiscal Q2 2022 compared to $127.4 million for the same period last year.
The results were driven by increased market demand and the ease of pandemic-related restrictions on construction sites of new state-of-the-art venues and facilities.
Despite a strong fiscal Q2, Daktronics saw its sales hampered by supply chain constraints that are plaguing industries around the world. The company reported a product order backlog of $282 million during the quarter, up from $201 million in fiscal Q2 2021.
Daktronics expects its supply chain issues to continue through the next calendar year. As a result, the company anticipates volatility in its pricing, production, and order cycles.
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