LSI Industries (LYTS) Declares $0.05 Quarterly Dividend; 2.7% Yield

Go back to LSI Industries (LYTS) Declares $0.05 Quarterly Dividend; 2.7% Yield

LSI Industries Reports Fiscal First Quarter 2021 Results and Declares Quarterly Cash Dividend

October 29, 2020 6:30 AM EDT

CINCINNATI, Oct. 29, 2020 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ: LYTS, or the Company), a leading U.S. based manufacturer of indoor/outdoor lighting and graphics solutions, today announced results for the first quarter fiscal 2021.

Fiscal First Quarter Financial Summary: Net Income of $2.0 million; EPS of $0.07

Increased Adjusted Net Income, EPS, Cash Flow versus Prior Year  Orders rebounded in Q1; backlog increased 10% entering Q2Gross Margin rate improvement continues, driven by higher-value business focus    Cash balance increases to... More