12/10/2025

speaker
Michelle
Conference Operator

Good day and thank you for standing by. Welcome to the Daktronics second quarter FY26 financial results conference call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question and answer session. To ask a question during this session, you will need to press star 11 on your telephone. You will then hear an automated message advising you your hand is raised. To withdraw your question, please press star 11 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Lindsay Better. Please go ahead, ma'am.

speaker
Lindsay Better
Investor Relations

Thank you, Michelle. Good morning, everyone. Thank you for participating in our second quarter earnings conference call. During today's presentation, we will make forward-looking statements reflecting our expectations and plan about future financial performance and future business opportunities. These forward-looking statements reflect the company's expectations or beliefs about future events based on information currently available to us. Of course, actual results could differ. Please refer to slide two of the presentation that accompanies today's call, our press release, and our SEC filings for information on risk factors, uncertainties, and expectations that could cause actual results to differ materially from these expectations. During this presentation, we will also refer to non-GAAP financial measures. You can find the reconciliation of each non-GAAP measure to the most directly comparable GAAP measure in the appendix to the company presentation slide. which can be found on the investor relations page of our website at www.daktronics.com. Our earnings release for the 2026 second quarter, which was furnished to the SEC on a form 8K this morning, also contains certain non-GAAP financial measures. Reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures, as well as a special certain limitations when using non-GAAP financial measures. are included in the earnings release, which has been posted separately to the investor relations page of our website. I'll turn the call over to Brad Wieman, Daktronics Interim President and CEO.

speaker
Brad Wieman
Interim President and CEO

Well, thank you, Lindsay. And good morning, everyone. Thank you for joining our second quarter fiscal 2026 call. I'm joined on the call by Howard Adkins, Board Member and Acting Chief Financial Officer. We will review our fiscal 2026 second quarter results and accomplishments, and then take your questions. Turning to our slide presentation on slide three, here are the key messages from the second quarter. We delivered another quarter of solid results, driving revenue and profit expansion through exemplary execution through the first half of the year. The second quarter of each year is typically marked by a heavy slate of project completions, and our team's performance with respect to manufacturing, installation, and service execution was excellent, with overall efficient project production and delivery supporting our progressively strong results. During the quarter, we completed a number of large-scale installations, including Miami Freedom Park and Major League Soccer,

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