LSI: Fiscal 1Q Earnings Snapshot
CINCINNATI (AP) _ LSI Industries Inc. (LYTS) on Tuesday reported fiscal first-quarter net income of $1.7 million, after reporting a loss in the same period a year earlier.
The Cincinnati-based company said it had net income of 7 cents per share. Earnings, adjusted for restructuring costs, came to 8 cents per share.
The lighting and LED display company posted revenue of $85 million in the period.
The company’s shares closed at $4.44. A year ago, they were trading at $6.66.