LSI Industries (LYTS) Declares $0.05 Quarterly Dividend; 3.5% Yield
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LSI Industries Inc. Reports Operating Results for the Year and Fourth Quarter Ended June 30, 2017, and Declares Regular Cash Dividend
August 17, 2017 6:45 AM EDTCINCINNATI, Aug. 17, 2017 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ: LYTS) today:Â
reported FY 2017 net sales of $331,392,000, an increase of 3% over $322,196,000 in the prior fiscal year. Excluding the acquisition of Atlas Lighting Products, organic sales declined 3% year-over-year; reported FY 2017 net income of $3,000,000, or $0.12 per share, a decrease of 68% as compared to net income of $9,482,000, or $0.37 per share, for the prior fiscal year. On a Non-GAAP basis, net income was $4,974,000 or $0.19 per share, a decrease of 49% or $0.19 per share, compared to the prior year Non-GAAP results. ... More