LSI Industries (LYTS) Declares $0.05 Quarterly Dividend; 6.2% Yield
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LSI Industries Inc. Reports Fiscal Third Quarter Operating Results and Declares Regular Cash Dividend
April 25, 2019 6:45 AM EDTCINCINNATI, April 25, 2019 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ:Â LYTS) today announced:
Third Quarter Summary
Sales of $72.8 million; GAAP EPS of $(0.12); Adjusted EPS $(0.08)New Windsor plant closure on schedule, entered into definitive agreement for sale of facilityDebt reduction of $4.6 millionKey organization additions to strengthen sales and marketing leadershipNet sales in the third quarter of fiscal 2019 were $72.8 million, a decrease of 8% compared to the $78.8 million reported in the third quarter of the prior year. The third quarter reported net loss... More
