Welcome to our dedicated page for Lsi Inds Ohio news (Ticker: LYTS), a resource for investors and traders seeking the latest updates and insights on Lsi Inds Ohio stock.
Overview
LSI Industries Inc Ohio (LYTS) is a comprehensive, vertically integrated manufacturer with deep expertise in delivering innovative corporate visual image solutions. Formed in 1976, the company has built its reputation on core values of leadership, strength, and innovation. Through the integration of vertical integration, solid-state technology, and advanced design methodologies, LSI Industries Inc consistently produces energy efficient and high-performance lighting, as well as cutting-edge display solutions.
Core Business Areas
Operating through two main segments, Lighting and Display Solutions, the company serves an array of markets including commercial, industrial, multi-site retail, and specifically the petroleum and convenience store sectors. The Lighting segment focuses on the manufacturing and distribution of both outdoor and indoor lighting systems, along with sophisticated lighting controls targeted at delivering reliable and cost-effective illumination. Meanwhile, the Display Solutions segment is dedicated to the production, sale, and installation of specialty visual image products including printed and structural graphics, digital signage, menu board systems, and custom display elements that enhance customer engagement in retail environments.
Manufacturing Excellence
LSI Industries Inc is renowned for its commitment to manufacturing excellence. By maintaining full control over the design, engineering, production, and assembly processes within its US-based facilities, the company minimizes potential supply chain disruptions and ensures that every product adheres to stringent quality standards. This level of control is critical in complex sectors where product reliability and longevity are paramount. The careful integration of manufacturing stages under one roof also enables rapid innovation and adaptation to market demands.
Product Offerings and Integrated Solutions
The company offers an extensive range of products that meet the diverse needs of its clientele. Its lighting offerings cater to various applications, providing solutions that not only illuminate commercial and industrial spaces but also enhance energy efficiency. In its Display Solutions division, LSI Industries Inc delivers bespoke visual communication products that help players transform their customer environments. Customers benefit from a one-stop solution that encompasses everything from product design and engineering to installation and post-installation support.
Design and Engineering Capabilities
An integral component of the business model is the company’s robust design and engineering capability. With expert teams focused on innovation and practical application, LSI Industries Inc is well-positioned to support custom project rollouts. Their ability to provide tailored design support and comprehensive project management services ensures that both lighting and display systems are perfectly suited to their intended operational environment. This professional approach not only meets today’s market needs but also adapts to evolving trends in commercial visual communications and retail experience optimization.
Quality and Operational Integrity
Quality assurance is embedded in every aspect of LSI Industries Inc’s operations. Through rigorous internal testing and continuous process improvement, the company ensures that its products meet high standards of performance and durability. The operational integrity sustained by its vertically integrated model fosters trust and reliability among its customers, making it a preferred choice for stakeholders seeking dependable, high-quality solutions.
Industry Impact and Competitive Landscape
The company’s strategic positioning within the lighting and display sectors underscores its importance in the broader commercial landscape. LSI Industries Inc differentiates itself through its integrated approach which brings together design, engineering, and manufacturing under one roof. This operational model not only streamlines production but also facilitates rapid response to market changes. In the competitive fields of commercial lighting and visual display solutions, the company is recognized for its consistent quality and innovative problem solving, positioning it favorably among competitors without resorting to unfounded claims.
Commitment to Innovation
Innovation remains at the heart of LSI Industries Inc’s business strategy. The company continues to push the boundaries of what is possible in lighting and display technology, continually evolving its product lines to match the dynamic needs of its varied customer base. By investing in advanced research and development, LSI Industries Inc ensures its product offerings are both high performance and energy efficient, contributing to broader industry advancements without relying on time-sensitive market promises.
Conclusion
LSI Industries Inc Ohio (LYTS) offers a well-rounded portfolio that addresses the ever-changing demands of the commercial, industrial, and retail spaces. Its commitment to innovation, quality, and integrated manufacturing sets it apart as a knowledgeable and reliable contributor in the fields of lighting and display solutions. Through a combination of technical expertise and rigorous process discipline, the company provides enduring value, making its operations a significant case study in the integration of design and manufacturing excellence.
LSI Industries (LYTS) has announced the acquisition of Canada's Best Holdings (CBH) for USD $24.0 million, with an additional $7.0 million performance-based earnout potential. CBH, known as Canada's Best Store Fixtures, is a leading provider of retail fixtures and custom store design solutions operating from four facilities in Ontario and Alberta.
CBH generated average annual sales of USD $24.0 million and average adjusted EBITDA of USD $4.0 million over the last two fiscal years. The transaction, funded through cash and credit facility, will maintain a pro-forma net debt to adjusted EBITDA ratio of approximately 1.1x.
The acquisition brings 120 employees to LSI and expands its presence in grocery, QSR, c-store markets, while entering new verticals like financial institutions and specialty retail. CBH will operate as an independent brand within LSI's display solutions segment starting Q3 2025, marking LSI's third acquisition in the custom display solutions market in four years.
LSI Industries (LYTS) reported strong fiscal Q2 2025 results with net sales reaching $147.7 million, a 36% year-over-year increase, including 14% organic growth. The company posted net income of $5.6 million ($0.18 per diluted share) and adjusted net income of $8.0 million ($0.26 per diluted share).
The Display Solutions segment showed exceptional performance with 50% organic sales growth, driven by strong demand in refueling/c-store and grocery verticals. The EMI acquisition, completed in April 2024, contributed $23.4 million in sales. The company generated $8.8 million in free cash flow and reduced its net debt to TTM Adjusted EBITDA ratio to 0.6x.
The company declared a quarterly cash dividend of $0.05 per share, payable February 11, 2025. Backlog increased 12% year-over-year, with Display Solutions orders up 25%, indicating strong momentum entering Q3 fiscal 2025.
LSI Industries (Nasdaq: LYTS) has announced it will release its fiscal 2025 second quarter results before market opening on Thursday, January 23, 2025. The company will host a conference call at 11:00 a.m. ET on the same day to discuss the results and conduct a Q&A session.
The conference call will be accessible via webcast through LSI's website investor relations section, with presentation materials available. Participants can join through teleconference using domestic (877-407-4018) or international (201-689-8471) dial-in numbers. A replay will be available until February 6, 2025, accessible via domestic (844-512-2921) and international (412-317-6671) numbers with conference ID 13751021.
LSI Industries (Nasdaq: LYTS) announced its fiscal 2025 first-quarter results ending September 30, 2024. The company reported net sales of $138.1 million, a 12% increase year-over-year. Net income was $6.7 million or $0.22 per diluted share, while adjusted net income was $8.0 million or $0.26 per share. EBITDA stood at $12.1 million, with adjusted EBITDA at $13.4 million. Free cash flow was $11.1 million, and the ratio of net debt to TTM adjusted EBITDA was 0.8x.
The company highlighted strong commercial and operational execution, with a notable 90% increase in grocery vertical orders. LSI successfully integrated EMI Industries, contributing $26.2 million in sales. Despite lower large project activity in the Lighting segment, total orders and backlog increased.
LSI declared a quarterly cash dividend of $0.05 per share payable on November 26, 2024, to shareholders of record on November 18, 2024. Management forecasts positive activity for Display Solutions and anticipates improved performance in the Lighting Segment in the second quarter.
LSI Industries (Nasdaq: LYTS) announced it will release its fiscal 2025 first quarter results before market opening on Thursday, November 7, 2024. The company will host a conference call at 11:00 a.m. ET the same day, featuring a Q&A session and presentation materials available on their website. The conference call will be accessible via webcast and teleconference, with replay available through November 21, 2024.
LSI Industries Inc. (Nasdaq: LYTS) reported financial results for Q4 and full-year fiscal 2024. Q4 highlights include:
- Net sales of $129.0 million, up 4% year-over-year
- Net income of $5.7 million
- Adjusted net income of $7.3 million or $0.24 per diluted share
- Adjusted EBITDA of $14.0 million or 10.9% of sales
- Free cash flow of $10.3 million
Full-year fiscal 2024 results:
- Net sales of $469.6 million
- Net income of $25.0 million or $0.83 per diluted share
- Adjusted net income of $28.6 million or $0.95 per diluted share
- Adjusted EBITDA of $51.4 million or 11.0% of sales
- Free cash flow of $38.0 million
LSI completed the acquisition of EMI Industries for $50 million in cash, enhancing its integrated display solutions offering.
LSI Industries (Nasdaq: LYTS), a leading U.S. manufacturer of commercial lighting and display solutions, has announced the date for its fiscal 2024 fourth quarter and full-year results conference call. The company will release its financial results on Thursday, August 15, 2024, before the market opens. A conference call will be held at 11:00 a.m. ET on the same day to discuss the results and answer questions.
Investors can access the webcast and presentation materials through LSI Industries' website. Teleconference dial-in options are available for both domestic (877-407-4018) and international (201-689-8471) participants. A replay of the call will be accessible until August 29, 2024, using the provided replay numbers and conference ID.
LSI Industries Inc. (NASDAQ: LYTS) announced the grant of inducement awards, including performance stock unit awards, restricted stock unit awards, and stock options, to five new employees acquired from EMI Industries, The awards are under the terms of LSI's 2019 Omnibus Award Plan, approved by the Compensation Committee, and subject to NASDAQ Listing Rule 5635(c)(4). The awards have varying vesting periods based on continued employment, EBITDA, and revenue performance goals.
LSI Industries Inc. (LYTS) granted an inducement stock option to Mark Duato, Senior Vice President of Security Solutions, under NASDAQ Listing Rule 5635(c)(4). The option allows him to purchase up to 25,000 shares of the Company's common stock at $15.01 per share, with full vesting on the third anniversary of the grant.
FAQ
What is the current stock price of Lsi Inds Ohio (LYTS)?
What is the market cap of Lsi Inds Ohio (LYTS)?
What core industries does LSI Industries Inc serve?
How does the company ensure high quality across its products?
What is the significance of vertical integration for LSI Industries Inc?
What range of products does LSI Industries Inc offer?
How does the company support custom projects?
In what ways does LSI Industries Inc differentiate itself from competitors?
What role does innovation play in the company's operations?
How does LSI Industries Inc manage its manufacturing processes?
