The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Anja Soderstrom - Sidoti & Company, LLC - Analyst
: Congratulations on the -- execution in the quarter. Can you just talk a little bit about the backlog. When do you expect that to normalize?
Question: Anja Soderstrom - Sidoti & Company, LLC - Analyst
: Okay. And then the revenue in the first quarter was quite strong sequentially. Was anything there that was pulled in from the second quarter? Or
how should we think about the second quarter?
Question: Anja Soderstrom - Sidoti & Company, LLC - Analyst
: Okay. And in terms of your targeted operating margin, you're there already. And you have -- you're taking a lot of initiatives with the digital
transformation. Do you think maybe there would be room to expand that target or -- ?
Question: Anja Soderstrom - Sidoti & Company, LLC - Analyst
: Okay. And you also mentioned pricing as a driver for margin expansion. Can you just talk about the competitive environment and your value
proposition compared to competitors and how you win.
Question: Mac Furst - Singular Research - Analyst
: This is Mac Furst with Singular Research. Congratulations on the quarter.
Question: Mac Furst - Singular Research - Analyst
: I wanted to ask you about market share. How has that developed in the last couple of years and specifically in the last, say, three, four quarters.
Can you comment on that? Or do you not follow that very closely? Or is that data hard to come by?
Question: Mac Furst - Singular Research - Analyst
: Understand.
Question: Mac Furst - Singular Research - Analyst
: Okay. Can you comment at all about the credit position of the company? And how has that developed in the last couple of quarters, let's say, three
to four quarters, please?
Question: Mac Furst - Singular Research - Analyst
: Yes, it did. What kind of credit is at your disposal at this point in time if you needed it. Maybe you don't need it, but if you needed it?
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SEPTEMBER 04, 2024 / 3:00PM, DAKT.OQ - Q1 2025 Daktronics Inc Earnings Call
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