LSI Industries (LYTS) Declares $0.05 Quarterly Dividend; 2.3% Yield

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

April 22, 2021 6:30 AM EDT

CINCINNATI, April 22, 2021 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ: LYTS, LSI or the Company) a leading U.S. based manufacturer of indoor/outdoor lighting and graphics solutions, today announced results for the third quarter fiscal 2021.

Third Quarter 2021 Summary

Net Sales of $72.2 million, growth of 2% versus prior yearNet Income of $1.5 million; EPS of $0.05 per diluted shareAdjusted Net Income of $1.8 million, or $0.07 per diluted shareAdjusted EBITDA of $4.4 million, compared to $1.6 million in prior year period     Free cash flow of $10.6 million versus $3.5 million prior year

For the three months ended March 31, 2021,... More