LSI Industries (LYTS) Declares $0.05 Quarterly Dividend; 2.1% Yield
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LSI Industries Inc. Reports Operating Results for the Third Quarter and Nine Months Ended March 31, 2017, and Declares Regular Cash Dividend
April 27, 2017 6:45 AM EDTCINCINNATI, April 27, 2017 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ: LYTS) today:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
reported third quarter FY 2017 net sales of $78,156,000, an increase of 10% over $70,740,000 in the same period of the prior fiscal year. Excluding the acquisition of Atlas Lighting, organic sales growth was 1% in the quarter year-over-year; reported a third quarter FY 2017 net loss of $(531,000), or $(0.02) per share, as compared to net income of $522,000, or $0.02 per share, for the same period of the prior fiscal year. On a Non-GAAP basis, net income was $357,000 or $0.01 per share, a decrease of 44% or $0.01, compared to the... More