LSI Industries (LYTS) Tops Q4 EPS by 8c
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LSI Industries Reports Fiscal 2022 Fourth Quarter and Full-Year Results and Declares Quarterly Cash Dividend
August 18, 2022 6:30 AM EDTCINCINNATI--(BUSINESS WIRE)-- LSI Industries Inc. (NASDAQ: LYTS, LSI or the Company) a leading U.S. based manufacturer of display solutions and indoor/outdoor lighting, today reported financial results for its fiscal 2022 fourth quarter and full year ended June 30, 2022.
FISCAL 2022 FOURTH QUARTER
Net Sales +31% y/y to a single quarter record $127.5 million Net Income of $5.2 million; Adjusted Net Income of $6.0 million Diluted EPS of $0.18; Adjusted EPS of $0.21 versus $0.12 last year EBITDA of $9.7 million; Adjusted EBITDA $10.6 million or 8.3%/sales Free Cash Flow +200% y/y to $8.0... More