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.
LSI Industries Inc (NASDAQ: LYTS) provides vertically integrated lighting solutions and visual display systems for commercial, industrial, and retail markets. This page serves as the definitive source for all official company announcements, financial updates, and strategic developments.
Investors and industry professionals will find curated press releases detailing earnings results, product innovations, and partnership announcements. Our aggregation ensures immediate access to material disclosures impacting LYTS's market position in lighting technology and corporate visual solutions.
Content spans operational milestones including manufacturing advancements, energy-efficient lighting deployments, and retail display system installations. All updates are sourced directly from LSI Industries' communications to ensure regulatory compliance and factual accuracy.
Bookmark this page for streamlined tracking of LYTS's progress in solid-state lighting and integrated visual solutions. Check regularly for developments reflecting the company's commitment to vertical integration and US-based production excellence.
LSI Industries Inc. (NASDAQ: LYTS) reported strong fiscal Q1 2023 results, with net sales increasing 19% year-over-year to $127.1 million. Net income doubled to $6.3 million, achieving a diluted EPS of $0.22. Adjusted EBITDA rose 76% to $13.3 million, with a margin of 10.5%. Free cash flow reached $10.1 million, contributing to a 32% decrease in net leverage to 1.7x. The company experienced robust demand across key markets, enhancing profitability and operational efficiency.
LSI Industries Inc. (NASDAQ: LYTS) will announce its fiscal Q1 2023 results before market open on November 2, 2022. A conference call to discuss the financial results and recent developments will take place at 11:00 a.m. ET on the same day. Investors can access the call via dial-in or webcast through LSI's Investor Relations website. A replay will be available from November 2 to November 16, 2022. LSI specializes in non-residential lighting and display solutions, employing approximately 1,400 people across multiple U.S. and Canadian facilities.
LSI Industries (NASDAQ: LYTS) has launched REDiMount, a groundbreaking lighting solution for refueling station canopies. This innovative system reduces installation time by over 50%, requiring only a single canopy penetration, thereby enhancing weatherproofing. The patent-pending design allows for easy maintenance with no tools or rewiring required. CEO James A. Clark emphasized LSI's commitment to understanding customer needs, which drives innovation. With nearly 50 years of expertise in canopy lighting, LSI continues to lead the Refueling & C-Store market.
LSI Industries Inc. (NASDAQ: LYTS) appointed Ernest W. Marshall to its Board of Directors effective August 17, 2022. Marshall, currently the Executive Vice President and Chief Human Resources Officer at Eaton, brings over 22 years of global HR experience. The Board, led by Chairman Bill O’Gara, welcomes Marshall's expertise in diversity and inclusion, which is expected to enhance Board oversight in this area. Marshall has held significant HR roles, including Vice President at GE Aviation, overseeing HR for 45,000 employees.
LSI Industries Inc. (NASDAQ: LYTS) reported strong financial results for Q4 and full year fiscal 2022. Q4 net sales reached a record $127.5 million, a 31% year-over-year increase, with net income of $5.2 million and diluted EPS of $0.18. For the full year, net sales grew 44% to $455.1 million, with net income of $15.0 million and adjusted EPS of $0.64. The company emphasized robust demand in its display solutions and lighting markets, effective price actions, and improved cash flow, generating $8.0 million in Q4. LSI declared a dividend of $0.05 per share payable on September 6, 2022.
LSI Industries Inc. (NASDAQ: LYTS), a leading manufacturer of commercial lighting and display solutions, announced its participation in the Canaccord Genuity Annual Growth Conference on August 10, 2022, at the Intercontinental Boston Hotel. LSI executives will hold one-on-one meetings with registered investors attending the conference. The company, headquartered in Greater Cincinnati, focuses on non-residential lighting, including American-made solutions and advanced food display equipment. With around 1,400 employees across 11 manufacturing plants in the U.S. and Canada, LSI emphasizes project management for large-scale rollouts.
LSI Industries (LYTS) will release its fourth quarter and full-year fiscal 2022 results on August 18, 2022, before market open. Following the release, a conference call will be held at 11:00 a.m. ET to discuss the financial results and recent events. Investors can listen live via the company's Investor Relations website or participate through teleconference. Replay options will be available until September 1, 2022. LSI Industries specializes in non-residential lighting and display solutions, employing approximately 1,400 people across 11 plants in the U.S. and Canada.
LSI Industries Inc. (Nasdaq: LYTS) has announced participation in the H.C. Wainwright Global Investment Conference on May 24-25, 2022. The executive management team will be available for one-on-one meetings with registered investors during the event. Headquartered in Greater Cincinnati, LSI specializes in manufacturing commercial lighting and display solutions, employing approximately 1,400 personnel across 11 U.S. and Canadian plants. The company focuses on high-performance lighting solutions and various display technologies for strategic markets.
LSI Industries reports a strong fiscal Q3 2022, with net sales increasing 53% year-over-year to $110.1 million and net income rising 146% to $3.6 million, or $0.13 per diluted share. Adjusted EBITDA grew 92% to $8.5 million. The company announced a $15 million share repurchase program and a quarterly dividend of $0.05 per share. Sales growth was driven by robust demand in lighting and display solutions, particularly from the JSI Store Fixtures acquisition. Management anticipates sustained growth with a strong backlog and favorable market indicators.
LSI Industries Inc. (NASDAQ: LYTS) announced a new share repurchase program authorizing up to $15 million for the buyback of common stock. This decision reflects the Board's confidence in the Company's performance and aims to enhance shareholder value. The timing of the repurchases will be influenced by various market considerations and capital needs. LSI's commitment to a balanced capital allocation strategy focuses on organic growth, acquisitions, and returning capital to shareholders, aligning with positive trends in non-residential construction.
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