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LSI: Fiscal 4Q Earnings Snapshot

August 22, 2019

CINCINNATI (AP) _ LSI Industries Inc. (LYTS) on Thursday reported fiscal fourth-quarter net income of $862,000, after reporting a loss in the same period a year earlier.

On a per-share basis, the Cincinnati-based company said it had profit of 3 cents. Earnings, adjusted for one-time gains and costs, came to less than 1 cent on a per-share basis.

The lighting and LED display company posted revenue of $81.5 million in the period.

For the year, the company reported that its loss narrowed to $16.3 million, or 63 cents per share. Revenue was reported as $328.9 million.

The company’s shares closed at $3.83. A year ago, they were trading at $5.39.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LYTS at https://www.zacks.com/ap/LYTS

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