Daktronics announces priorities for 2024

CEO Reece Kurtenbach added, “As we look ahead, we expect growth in the global use of sophisticated audio-visual communication systems in both traditional and in new applications. Our attention remains focused on our multi-year journey to capture the market’s expected growth and broaden our leading market position by offering best in class technology, capabilities and services to both our traditional customer base as well as new and adjacent markets.” Looking forward, our focus is to: Grow our business profitably while generating cash through working capital management, strategic pricing adjustments, product mix enhancements and careful expense management; Improve operational efficiency to lower costs, reduce lead times and improve the customer experience; Develop additional markets for new customers and channels while continuing to grow in the markets where the company been a leader to date; Implement robust integrated business planning systems to generate data-based insights for improved decision making; Investing in high-return projects and technologies, including digital technologies for both internal and customer facing uses; Monitor and then adjust as necessary to the ever-evolving geopolitical and global economic environment to maintain profitability and cash generation