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 announced its fiscal Q2 2021 results, showing a net income of $2.2 million, a 27% increase from the previous year. Adjusted net income rose 47% to $2.5 million, with EPS at $0.08 compared to $0.07 last year. EBITDA reached $4.7 million, up 20% year-over-year, while free cash flow stood at $5.3 million. The company, which has no long-term debt, remains optimistic about future growth, particularly in its Graphics segment, despite ongoing pandemic-related challenges.
LSI Industries (NASDAQ: LYTS) announced a new business award worth up to $20 million from a major quick service restaurant customer, expanding upon a previously announced $100 million agreement. This includes providing interior digital signage at over 6,000 locations throughout North America. The project implementation is ongoing, with expectations for acceleration in the current fiscal year. CEO Jim Clark emphasized LSI's capability to deliver complex solutions, reflecting the strong trust placed in the company by its customer.
LSI Industries (LYTS) announced it will release its second quarter fiscal 2021 results on January 21, 2021, before market opening. A conference call will follow at 11:00 a.m. ET to discuss financial results and recent developments. The call can be accessed via dial-in or webcast through the company's Investor Relations website. A replay of the call will be available until February 4, 2021. The company, based in Blue Ash, Ohio, is a major provider of lighting solutions and graphics, and employs about 1,100 individuals across seven manufacturing plants.
LSI Industries (NASDAQ: LYTS) has partnered with USA Pickleball as its official lighting partner. This collaboration aims to capitalize on the growing popularity of pickleball, which currently has over 3.3 million players in the U.S. and around 33,000 courts needing lighting upgrades. Jim Clark, President and CEO, emphasized the partnership aligns with LSI's growth strategy, focusing on market expansion and enhanced service offerings for pickleball facilities. The partnership is expected to boost LSI’s marketing reach and service capabilities in the segment.
LSI Industries (NASDAQ: LYTS) reported its fiscal first-quarter 2021 results, revealing a net income of $2.0 million or $0.07 per diluted share, down from $4.5 million or $0.17 per share year-over-year. The company improved adjusted net income to $2.1 million and generated free cash flow of $7.2 million, a 20% increase. Backlog increased by 10%, and gross margins expanded to 30.5%. LSI declared a $0.05 per share cash dividend, payable November 17, 2020. Management highlighted continued focus on business transformation and investment in commercial growth.
LSI Industries Inc. (NASDAQ: LYTS) announced it will release its first quarter fiscal 2021 results on October 29, 2020, before market opening. A conference call will follow at 11:00 a.m. ET, discussing the financial results and recent events. Investors can access a webcast and conference materials on the company’s website. LSI specializes in high-performance lighting and graphics solutions, serving various sectors including automotive and retail, with a workforce of approximately 1,100 employees across seven manufacturing plants.
LSI Industries (NASDAQ: LYTS) will present virtually at H.C. Wainwright & Company's 22nd Annual Global Investment Conference on September 14, 2020. CEO Jim Clark and CFO Jim Galeese will discuss the company's growth strategy, which focuses on vertical market expansion, enhancing customer engagement, and increasing its services and inorganic growth. Additionally, they will hold one-on-one meetings with investors. With approximately 1,200 employees and seven manufacturing plants in the U.S., LSI specializes in high-performance lighting solutions for various sectors, including automotive and retail.
LSI Industries (LYTS) reported a fourth-quarter net income of $1.5 million, up from $0.9 million last year, with an EPS of $0.06 compared to $0.03. The fiscal year 2020 net income rose to $9.6 million, reversing a loss of $16.3 million in the previous year, reflecting strong operational changes despite pandemic impacts. Free cash flow for the quarter stood at $11.5 million, leading to zero long-term debt by June 30, 2020. The company also announced a regular cash dividend of $0.05 per share, payable September 8, 2020. Management emphasized a focus on profitable growth and efficiency improvements.
LSI Industries (NASDAQ: LYTS) plans to release its fourth quarter and full-year fiscal 2020 results on August 20, 2020, before the market opens. A conference call is scheduled for the same day at 11:00 a.m. ET for discussing the financial results and engaging in a Q&A session. Interested parties can access the call via teleconference or webcast. A replay will be available from August 20 to September 3, 2020. LSI Industries, based in Blue Ash, Ohio, specializes in high-performance lighting solutions.
LSI Industries (NASDAQ: LYTS) has received Samsung’s Smart Signage Award for Food & Beverage Installation of the Year, recognizing its innovative digital signage solutions for quick service restaurants (QSRs). The award highlights LSI’s commitment to understanding customer needs. In April 2020, LSI announced a significant contract worth over $100 million with a major QSR chain for digital menu boards to be installed in over 6,000 locations by year-end 2022. The award was presented during Samsung’s virtual Back to Business event.
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