Daktronics Recognized for Its Financial Performance by Leading Business Publications.BROOKINGS Brookings, city (1990 pop. 16,270), seat of Brookings co., E S.Dak., on the Big Sioux River; inc. 1883. A trade center in a livestock and grain region, Brookings is an important seed-processing point. , S.D. -- Business 2.0, Fortune Small Business and Business Week list Daktronics in recent rankings Daktronics, Inc. (Nasdaq:DAKT) was recently recognized by Business 2.0, Fortune Small Business and Business Week magazines for its financial results and stock performance. Business 2.0 ranked Daktronics 48th on its B2 100 Fastest-Growing Tech Companies, the third consecutive year of inclusion. The list is a ranking by Zachs Investment Research using a combination of four financial criteria: growth in revenue, profit, operating cash flow Operating cash flow Earnings before depreciation minus taxes. Measures the cash generated from operations, not counting capital spending or working capital requirements. and 12-month stock market return. Fortune Small Business ranked Daktronics 59th on the FSB (FrontSide Bus) See system bus. FSB - front side bus 100 List of America's Fastest-Growing Small Companies, the third year of inclusion. The list is a ranking of public companies with annual revenues of less than $200 million and a stock price of more than $1, based on earnings growth, revenue growth and stock performance over the past three years. Business Week ranked Daktronics 67th on its list of America's Hot 100 Growth Companies, the second year of inclusion. The list ranks companies based on average sales and earnings growth and average return on capital over a three-year period. "Our inclusion on these lists published by leading business magazines is further evidence that our business strategies, and execution of those strategies, are producing financial results at the top end of the marketplace," said Jim Morgan Morgan, American family of financiers and philanthropists. Junius Spencer Morgan, 1813–90, b. West Springfield, Mass., prospered at investment banking. , president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We remain optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op about future growth opportunities, and will continue to manage the company based on shareholder value for the long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. ." Daktronics has strong leadership positions in, and is one of the world's largest suppliers of, electronic scoreboards, computer-programmable displays, large screen video displays and control systems. The Company excels in the control of large display systems, including those that require integration of complex multiple displays showing real time information, graphics, animation and video. Daktronics designs, manufactures, markets and services display systems for customers around the world in sport, business and transportation applications, and celebrated its 35th year in business in 2003. For more information, visit the Company's worldwide web site at http://www.daktronics.com, email the Company at sales@daktronics.com, call toll-free 1-800-DAKTRONICS (800-325-8766) in the U.S., or write to the Company at 331 32nd Avenue, P.O. Box 5128, Brookings, SD 57006-5128. Cautionary Notice: In addition to statements of historical fact, this news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. reflecting the Company's expectations or beliefs concerning future events which could materially affect Company performance in the future. The Company cautions that these and similar statements involve risk and uncertainties including changes in economic and market conditions, management of growth, timing and magnitude of future contracts, and other risks noted in the Company's SEC filings which may cause actual results to differ materially. Forward-looking statements are made in the context of information available as of the date stated. The Company undertakes no obligation to update or revise such statements to reflect new circumstances CIRCUMSTANCES, evidence. The particulars which accompany a fact. 2. The facts proved are either possible or impossible, ordinary and probable, or extraordinary and improbable, recent or ancient; they may have happened near us, or afar off; they are public or or unanticipated events as they occur. |
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