LSI Industries (LYTS) Tops Q3 EPS by 9c

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LSI Industries Reports Fiscal Third Quarter 2022 Results

April 28, 2022 6:30 AM EDT

Announces $15 Million Share Repurchase Program

Declares Quarterly Cash Dividend

CINCINNATI--(BUSINESS WIRE)-- 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 third quarter of fiscal year 2022.

FISCAL THIRD QUARTER 2022

Net sales +53% y/y to $110.1 million, organic net sales +12% y/y Lighting sales +25% y/y; Display Solutions sales +100% y/y Net Income +146% y/y to $3.6 million, or $0.13 per diluted share Adjusted net income... More