LSI Industries (LYTS) Declares $0.05 Quarterly Dividend; 4.8% Yield
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LSI Industries (LYTS) Announces Wilfred (Bill) T. O’Gara as Board Chairman
August 16, 2018 6:59 AM EDTLSI Industries Inc. (NASDAQ: LYTS) today announced that Wilfred (Bill) T. OGara has been appointed Chairman of the Board by the Board of Directors, succeeding Gary P. Kreider, who has served as Chairman of the Board since November, 2014. Mr. Kreider will remain a board member until a successor director is appointed, at which time Mr. Kreider intends to retire from the board. The company also announced that Ronald D. Brown, current CEO, has been nominated by the Board to stand for... More
LSI Industries (LYTS) Misses Q4 EPS by 1c, Revenues Miss
August 16, 2018 6:52 AM EDTLSI 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
