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Daktronics' stock rises 5.1% as quarterly earnings meet expectations despite a negative net margin.
Daktronics, a company that makes electronic scoreboards and displays, saw its stock rise 5.1% to $15.80 after reporting quarterly earnings of $0.18 per share, meeting expectations.
Despite a negative net margin, the company has a positive return on equity and a market cap of $765.62 million.
Analysts predict earnings of $0.96 per share for the year, though recent estimates were lowered.
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Las acciones de Daktronics suben un 5,1% debido a que las ganancias trimestrales cumplen con las expectativas a pesar de un margen neto negativo.