LSI Industries (LYTS) Declares $0.05 Quarterly Dividend; 2.8% Yield
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LSI Industries Reports Fourth Quarter and Full-Year Fiscal 2021 Results and Declares Quarterly Cash Dividend
August 19, 2021 6:30 AM EDTCINCINNATI, Aug. 19, 2021 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ: LYTS, or the Company), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced results for the fourth quarter and full-year fiscal 2021.
FOURTH QUARTER 2021 SUMMARY
Net Sales increased 53% versus Prior Year, organic sales increased 39%Completed acquisition of JSI Store Fixtures on May 21, 2021Net Income of $0.2 million; Adjusted Net Income of $3.3 millionDiluted EPS of $0.01, including $0.08 of acquisition related expenseAdjusted EPS $0.12 versus $0.07 prior yearFISCAL YEAR 2021 SUMMARY
Net Sales increased 3% from prior year... More