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 (NASDAQ: LYTS) reported strong fourth quarter and fiscal year 2021 results, with net sales increasing by 53% in Q4 and 3% for the year, totaling $316 million. The net income for Q4 was $0.2 million, while full-year net income decreased to $5.9 million from $9.6 million in the previous year. Adjusted EPS rose to $0.12 in Q4 and $0.36 for the year, up from $0.07 and $0.15 respectively. The company also declared a cash dividend of $0.05 per share. Notably, the acquisition of JSI Store Fixtures boosted growth, particularly in the Display Solutions segment.
LSI Industries Inc. (NASDAQ: LYTS), a leader in commercial lighting and graphics solutions, announced that its executive team will attend the Canaccord Genuity Annual Growth Conference on August 12, 2021. Executive members will engage in virtual one-on-one meetings with institutional investors during the event. LSI will also share its latest conference materials on its Investor Relations webpage after market close on August 11, 2021. Headquartered in Cincinnati, LSI employs about 1,400 people across 11 manufacturing plants in the U.S. and Canada.
LSI Industries Inc. (LYTS) will announce its fourth quarter and full-year fiscal 2021 results on August 19, 2021, before market opens. The company will hold a conference call at 11:00 a.m. ET to discuss financial outcomes and recent events. Investors can access a live webcast and call-in details via LSI's Investor Relations webpage. A replay will be available from August 19 to September 2, 2021. LSI Industries specializes in commercial lighting and graphics solutions, with a focus on high-performance lighting systems and retail display technologies.
On May 25, 2021, LSI Industries (NASDAQ: LYTS) announced the grant of inducement awards, comprising 146,029 performance stock unit (PSU) awards and 36,506 restricted stock unit (RSU) awards to six new employees from JSI Holding Corp. This decision follows LSI’s acquisition of JSI on May 24, 2021. The PSUs will vest in three years, contingent on achieving cumulative EBITDA and revenue targets, while the RSUs will cliff vest after three years. The awards comply with Nasdaq's Listing Rule 5635(c)(4) and have been approved by LSI’s Compensation Committee.
LSI Industries (LYTS) has acquired JSI Store Fixtures for $90 million in cash, strengthening its position in the grocery, convenience, and specialty store vertical markets.
This acquisition is expected to drive revenue growth and margin expansion, with immediate adjusted EPS accretion. JSI, a leader in retail display solutions, complements LSI’s existing portfolio, enhancing cross-selling opportunities. The partnership aims to capture the growing demand for retail fixtures, projecting a pro-forma sales target of $500 million and $50 million in Annual Adjusted EBITDA by fiscal 2025.
LSI Industries Inc. (NASDAQ: LYTS) reported its fiscal Q3 2021 results, showcasing net sales of $72.2 million, a 2% increase from the previous year. The company achieved net income of $1.5 million (EPS of $0.05), down from $1.9 million in Q3 2020 due to a previous gain. Adjusted EBITDA rose to $4.4 million, reflective of a $2.8 million year-over-year improvement. Free cash flow surged to $10.6 million. The company enhanced its credit facility, and a cash dividend of $0.05 per share was declared.
LSI Industries (LYTS) will announce its Q3 fiscal 2021 results on April 22, 2021, before the market opens. A conference call is scheduled for 11:00 a.m. ET on the same day to discuss financial results and recent events. Investors can access the webcast on the company's Investor Relations page. LSI Industries specializes in manufacturing lighting and graphics solutions, serving various sectors including automotive and retail. The company employs approximately 1,100 people across its seven U.S. manufacturing plants.
LSI Industries (NASDAQ: LYTS) announced its participation in the Sidoti Virtual Investor Conference on March 25, 2021. The executive management team will be available for virtual one-on-one meetings with institutional investors during the event. LSI plans to release its latest conference presentation materials on its investor relations website after market close on March 24, 2021. Headquartered in Blue Ash, Ohio, LSI is a leading manufacturer of indoor and outdoor lighting solutions, serving various industries including automotive and retail.
LSI Industries Inc. (NASDAQ: LYTS), a top U.S. manufacturer of lighting and graphics solutions, will participate in the 33rd Annual Roth Conference from March 15-17, 2021. LSI executives will be available for virtual one-on-one meetings with institutional investors at the event. The company, headquartered in Blue Ash, Ohio, emphasizes high-quality, American-made products, and serves various sectors including automotive, retail, and healthcare with innovative lighting solutions. More details about LSI can be found on their website.
LSI Industries (NASDAQ: LYTS) has nearly completed a multimillion-dollar contactless payment project for ExxonMobil, enhancing payment options at over 11,500 stations in North America. This project includes the implementation of NFC technology that supports Apple Pay, Google Pay, and the ExxonMobil Rewards+ app. LSI is recognized for its capability in managing complex, multi-location projects. The initiative reflects the growing consumer demand for contactless payments, providing secure transaction methods for ExxonMobil customers. Follow-up activities will continue through February 2021.
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