LSI Industries (LYTS) Declares $0.05 Quarterly Dividend; 2.4% Yield
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LSI Industries Reports Fiscal First Quarter 2022 Results and Declares Quarterly Cash Dividend
November 3, 2021 8:23 AM EDTCINCINNATI, Nov. 03, 2021 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ: LYTS, LSI or the Company) a leading U.S. based manufacturer of indoor/outdoor lighting and display solutions, today announced results for the first quarter of fiscal year 2022.
First Quarter 2022 Results
Net sales of $106.4 million, growth of 52% versus prior yearOrganic net sales increased 19% versus prior yearNet income of $3.1 million; Adjusted net income $3.5 millionEPS of $0.11 per diluted share; Adjusted EPS of $0.13EBITDA of $7.0 million; Adjusted EBITDA of $7.6 millionSignificant year-over-year increase in Comparable Quote/Order/Backlog levelsLSI reported... More
