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

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

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

August 16, 2018 6:45 AM EDT

CINCINNATI, Aug. 16, 2018 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ:  LYTS) today announced: 

Fourth Quarter Operating Results:

Sales of $83.4 million, flat to fourth quarter 2017;Adjusted Operating Income 3% above last year;GAAP reported EPS $(0.10), includes $(0.12) related to non-GAAP adjustments, versus $0.03 in 2017Declares regular dividend of $0.05

Full Year Operating Results:

Sales 3% above last yearAdjusted Operating Income 33% above prior yearAdjusted EPS $0.22 versus $0.19 for fiscal 2017 Positive Cash Flow generates further debt reduction

Net sales in... More