LSI Industries (LYTS) Declares $0.05 Quarterly Dividend; 1.9% Yield
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LSI Industries Inc. Reports Operating Results for the First Quarter Ended September 30, 2016, and Declares Regular Cash Dividend
October 27, 2016 6:45 AM EDTCINCINNATI, Oct. 27, 2016 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ: LYTS) today:Â
reported first quarter FY 2017 net sales of $84,159,000, a decrease of 2% as compared to $85,925,000 in the same period of the prior fiscal year;reported pre-tax Restructuring costs and Plant Closure costs in the first quarter of FY 2017 totaling $1,056,000 (includes a related $400,000 inventory write-down);reported first quarter FY 2017 net income of $829,000, or $0.03 per share, a decrease of 78% as compared to $3,750,000, or $0.15 per share, for the same period of the prior fiscal year; anddeclared a regular quarterly cash dividend of $0.05 per... More