LSI Industries (LYTS) Declares $0.05 Quarterly Dividend; 1.4% Yield
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LSI Industries Reports Fiscal 2024 Fourth Quarter and Full-Year Results and Declares Quarterly Cash Dividend
August 15, 2024 7:00 AM EDTCINCINNATI--(BUSINESS WIRE)-- LSI Industries Inc. (Nasdaq: LYTS, LSI or the Company) a leading U.S. based manufacturer of commercial lighting and display solutions, today reported financial results for its fiscal 2024 fourth quarter and full year ended June 30, 2024.
FISCAL 2024 FOURTH QUARTER
Net Sales $129.0 million, +4% to prior year Net Income $5.7 million, including $1.0 million of acquisition related expense Adj. Net Income $7.3 million or $0.24 per diluted share EBITDA $11.9 million; Adjusted EBITDA $14.0 million or 10.9%/sales Free Cash Flow $10.3 million Completed acquisition of EMI Industries for $50 million... More