LSI Industries (LYTS) Declares $0.05 Quarterly Dividend; 4.5% Yield

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LSI Industries Inc. Reports Operating Results for First Quarter and Declares Regular Cash Dividend

November 6, 2018 6:45 AM EST

CINCINNATI, Nov. 06, 2018 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ:  LYTS) today announced: 

First Quarter Operating Results:

Sales of $85.0 million, 3% below Q1 of the prior yearGAAP Reported operating income of $2.9 millionAdjusted operating income of $3.5 million, 11% above last yearGAAP reported EPS of $0.07 versus $(0.61) in Q1 2018 Adjusted EPS of $0.08 compared to $0.07 in Q1 prior yearDeclares regular quarterly dividend of $0.05

Net sales in the first quarter of fiscal 2019 were $84,957,000, or 3% below the $87,466,000 reported in the same period of the prior year.  Reported net income... More