Originally shared on the public FactorioPrints / Factorio School archive (factorioprints.com · factorio.school). Authorship preserved from the public catalog.
Set each letter of your text at the first row of Constant Combinators (at the top).
Enable "Show Combinator settings in alt-mode" on Interface options to make editing easier.
You can add more characters if needed by copying more Constant Combinators and Decider Combinators bellow them and increasing the "Black Signal" by one for each new character (Black signal = Previous Number+1).
You can change the speed and number of spaces after each letter by increasing/decreasing the signals [S] and ( i ) in the Constant Combinators in the middle.
You can make the display longer by copying the columns of the display to the left and connecting them.