LSI Industries (LYTS) Declares $0.05 Quarterly Dividend; 3.3% Yield
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LSI Industries Reports Fiscal Second Quarter 2022 Results and Declares Quarterly Cash Dividend
January 27, 2022 6:30 AM ESTCINCINNATI, Jan. 27, 2022 (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 second quarter of fiscal year 2022.
FISCAL SECOND QUARTER 2022
Total net sales +45% y/y to $111.1 million, organic net sales +19% y/yLighting sales +27% y/y; Display Solution sales +72% y/yNet Income +41% y/y to $3.1 million, or $0.11 per diluted shareAdjusted net income +67% y/y to $4.2 million, or $0.15 per diluted shareAdjusted EBITDA +65% y/y to $8.4 millionLSI generated... More
