filecrux
Oct 14, 2:47 PM
$DAKT (Daktronics, scoreboard and LED video display maker) will close its Ennistymon, Ireland plant, cut most Irish staff and exit highly customized international transport work (~1.5% of revenue). The Ireland exit alone carries ~
$13.5M of charges,
$12.5M of it future cash, against
$154.6M cash on Aug 1, 2026; stock worth ~
$878.4M at
$18.265 on Oct 12, 2026. For all
$15.8M: >
$18.0M/yr pretax savings by mid-FY28 (Irish
$7.7M);
$5.0M 2H FY27,
$16.0M FY28. About
$7.0M of
$15.8M total charges hit fiscal Q2 2027; new international leader due in coming weeks.
0 replies