Daktronics, Inc. (NASDAQ:DAKT) Q3 2024 Earnings Conference Call February 28, 2024 11:00 AM ET

Company Participants

Carla Gatzke - Corporate Secretary

Sheila Anderson - CFO

Reece Kurtenbach - President and CEO

Conference Call Participants

BJ Cook - Singular Research

Anja Soderstrom - Sidoti

Operator

Good day, ladies and gentlemen, and welcome to the Daktronics' Fiscal Year 2024 Third Quarter Earnings Results Conference Call. As a reminder, this conference is being recorded, Wednesday, February 28, 2024, and is available on the company's website at www.daktronics.com. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions]

I would now like to turn the conference over to Ms. Carla Gatzke, Corporate Secretary for Daktronics, for some introductory remarks. Please go ahead, Carla.

Carla Gatzke

Thank you, Kevin. Good morning, everyone. Thank you for participating in our third quarter earnings conference call. I would like to review our disclosure cautioning investors and participants that in addition to statements of historical facts, we will be discussing forward-looking statements reflecting our expectations and plans, about our future financial performance and future business opportunities. These forward-looking statements reflect the company's expectations, or beliefs concerning future events.

All forward-looking statements involve risks, and opportunities that could cause actual results, to differ materially from our expectations. Such risks include, but are not limited to, changes in economic and market conditions, management of growth, timing and magnitude of future contracts and orders, fluctuations in margins, the introduction of new products and technology, availability of raw materials, components and shipping services, and other important factors.

These identify factors could cause actual results, to differ materially from those discussed in this call in the company's 2024 quarterly earnings release, and in its most recent annual report on Form 10-K. Our second quarterly 2024 earnings release, contains certain non-GAAP financial measures and was furnished to the SEC on a Form 8-K this morning -- clarify, third quarter 2024 earnings release. We also made slides available for today's call. All of these documents are available on the Investors section at Daktronics website, www.daktronics.com.

I'll turn the call over to our CEO, Reece Kurtenbach.

Reece Kurtenbach

Thank you, Carla. Good morning, everyone. Thank you all for joining us today.

Our third quarter and year-to-date results reflect our team's strong execution of our strategies across all our business areas. These strategies have raised the bar for execution and expectations of profitability in our operating model.