LSI Industries Inc. Reports Operating Results for the Fourth Quarter and Full Year Ended June 30, 2018; Declares Regular Cash Dividend

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Go back to LSI Industries Inc. Reports Operating Results for the Fourth Quarter and Full Year Ended June 30, 2018; Declares Regular Cash Dividend

LSI Industries (LYTS) Misses Q4 EPS by 1c, Revenues Miss

August 16, 2018 6:52 AM EDT

LSI Industries (NASDAQ: LYTS) reported Q4 EPS of $0.02, $0.01 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $83.4 million versus the consensus estimate of $85.23 million.

Ron Brown, CEO commented, Our results in the fourth quarter were mixed. While the Graphics business posted strong results, we continue to face challenges in the Lighting business. During the quarter, we drove several improvement initiatives across the Company which will better position the business for growth in the coming quarters. These actions generated some very positive developments, as well as addressed some of our continuing... More