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LSI Industries Inc (LYTS.O)

LYTS.O on Nasdaq

9.71USD
24 Mar 2017
Change (% chg)

$0.09 (+0.94%)
Prev Close
$9.62
Open
$9.66
Day's High
$9.94
Day's Low
$9.60
Volume
32,484
Avg. Vol
75,982
52-wk High
$13.45
52-wk Low
$8.12

Latest Key Developments (Source: Significant Developments)

LSI Industries says acquires Atlas Lighting Products
Tuesday, 21 Feb 2017 09:43am EST 

LSI Industries Inc : LSI Industries Inc Acquires Atlas Lighting Products, Inc . Terms of agreement include a cash payment of $96.9 million . Terms of agreement include 200,000 five-year warrants to purchase LSI's common stock at an exercise price of $9.95 . LSI intends to keep Atlas brand . Funding for deal to be provided by combination of cash on hand, $66 million from new $100 million commercial bank facility provided by PNC Bank . Intend to maintain Atlas facility in Burlington, NC . Anticipate acquisition will be accretive to LSI's results beginning in fiscal 2018 .Anticipate "significant cost synergies" with the acquisition.  Full Article

LSI Industries Inc reports second quarter results
Thursday, 26 Jan 2017 06:45am EST 

Lsi Industries Inc : LSI Industries Inc. Reports operating results for the second quarter and six months ended december 31, 2016, and declares regular cash dividend . Q2 earnings per share $0.08 . Q2 sales rose 1 percent to $85.66 million . Lsi Industries Inc - "inflationary pressures, particularly for raw materials, are trending upwards" . LSI Industries Inc - maintaining dividend at a $0.20 annual rate .Qtrly adjusted earnings per share $0.10.  Full Article

LSI Industries Q1 earnings per share $0.03
Thursday, 27 Oct 2016 06:45am EDT 

Lsi Industries Inc : Lsi industries inc. Reports operating results for the first quarter ended september 30, 2016, and declares regular cash dividend . Q1 earnings per share $0.03 . Q1 sales fell 2 percent to $84.16 million . Lsi industries inc - reported pre-tax restructuring costs and plant closure costs in q1 of fy 2017 totaling $1,056,000 . Lsi industries inc says gross margin was 24.8% in quarter, or 25.8% excluding restructuring and plant closure costs, compared to 27.2% a year ago .Lsi industries inc - maintaining dividend at a $0.20 annual rate.  Full Article

LSI Industries announces closure of lighting facility in Kansas City
Thursday, 22 Sep 2016 09:00am EDT 

LSI Industries Inc : LSI Industries Inc. announces closure of its lighting facility in Kansas City and consolidation of its technology facility in Beaverton, Oregon . Will record estimated restructuring costs totaling, in aggregate, between $1.1 million and $1.3 million over first, second and third fiscal quarters. . Company anticipates that closing will occur not later than December 31, 2016. . Expects closure of facility will result in annual net operating profit improvement and cost savings of about $1.4 million .Taken action to consolidate its small LSI controls facility in Beaverton, Oregon into other LSI facilities by about September 30, 2016..  Full Article

LSI industries Q4 earnings per share $0.06
Thursday, 18 Aug 2016 06:45am EDT 

LSI Industries Inc : LSI Industries Inc reports operating results for the year and fourth quarter ended June 30, 2016, and declares regular cash dividend . Q4 earnings per share $0.06 . Q4 sales rose 6 percent to $80.84 million .Sets regular quarterly cash dividend of $0.05per share.  Full Article

LSI Industries Inc declares regular quarterly cash dividend
Thursday, 20 Aug 2015 06:45am EDT 

LSI Industries Inc:Declares regular quarterly cash dividend of $0.03 per share in connection with fourth quarter of fiscal 2015 payable Sept. 8, to shareholders of record as of Aug. 31.  Full Article

LSI Industries Inc declares regular quarterly cash dividend
Thursday, 23 Apr 2015 06:45am EDT 

LSI Industries Inc:Declares regular quarterly cash dividend of $0.03 per share payable May 12 to shareholders of record as of May 5.Says indicated annual cash dividend rate is $0.12 per share.  Full Article

More From Around the Web

BRIEF-Chartwell Investment Partners LLC reports 5.47 pct passive stake in LSI Industries as on Dec 30 - SEC Filing

* Chartwell Investment Partners, LLC reports 5.47 percent passive stake in LSI Industries Inc as on December 30, 2016 - SEC Filing Source text: [http://bit.ly/2lt1Axr] Further company coverage: