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Lsi Inds Inc Ohio - LYTS STOCK NEWS

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Overview

LSI Industries Inc Ohio (LYTS) is a comprehensive, vertically integrated manufacturer with deep expertise in delivering innovative corporate visual image solutions. Formed in 1976, the company has built its reputation on core values of leadership, strength, and innovation. Through the integration of vertical integration, solid-state technology, and advanced design methodologies, LSI Industries Inc consistently produces energy efficient and high-performance lighting, as well as cutting-edge display solutions.

Core Business Areas

Operating through two main segments, Lighting and Display Solutions, the company serves an array of markets including commercial, industrial, multi-site retail, and specifically the petroleum and convenience store sectors. The Lighting segment focuses on the manufacturing and distribution of both outdoor and indoor lighting systems, along with sophisticated lighting controls targeted at delivering reliable and cost-effective illumination. Meanwhile, the Display Solutions segment is dedicated to the production, sale, and installation of specialty visual image products including printed and structural graphics, digital signage, menu board systems, and custom display elements that enhance customer engagement in retail environments.

Manufacturing Excellence

LSI Industries Inc is renowned for its commitment to manufacturing excellence. By maintaining full control over the design, engineering, production, and assembly processes within its US-based facilities, the company minimizes potential supply chain disruptions and ensures that every product adheres to stringent quality standards. This level of control is critical in complex sectors where product reliability and longevity are paramount. The careful integration of manufacturing stages under one roof also enables rapid innovation and adaptation to market demands.

Product Offerings and Integrated Solutions

The company offers an extensive range of products that meet the diverse needs of its clientele. Its lighting offerings cater to various applications, providing solutions that not only illuminate commercial and industrial spaces but also enhance energy efficiency. In its Display Solutions division, LSI Industries Inc delivers bespoke visual communication products that help players transform their customer environments. Customers benefit from a one-stop solution that encompasses everything from product design and engineering to installation and post-installation support.

Design and Engineering Capabilities

An integral component of the business model is the company’s robust design and engineering capability. With expert teams focused on innovation and practical application, LSI Industries Inc is well-positioned to support custom project rollouts. Their ability to provide tailored design support and comprehensive project management services ensures that both lighting and display systems are perfectly suited to their intended operational environment. This professional approach not only meets today’s market needs but also adapts to evolving trends in commercial visual communications and retail experience optimization.

Quality and Operational Integrity

Quality assurance is embedded in every aspect of LSI Industries Inc’s operations. Through rigorous internal testing and continuous process improvement, the company ensures that its products meet high standards of performance and durability. The operational integrity sustained by its vertically integrated model fosters trust and reliability among its customers, making it a preferred choice for stakeholders seeking dependable, high-quality solutions.

Industry Impact and Competitive Landscape

The company’s strategic positioning within the lighting and display sectors underscores its importance in the broader commercial landscape. LSI Industries Inc differentiates itself through its integrated approach which brings together design, engineering, and manufacturing under one roof. This operational model not only streamlines production but also facilitates rapid response to market changes. In the competitive fields of commercial lighting and visual display solutions, the company is recognized for its consistent quality and innovative problem solving, positioning it favorably among competitors without resorting to unfounded claims.

Commitment to Innovation

Innovation remains at the heart of LSI Industries Inc’s business strategy. The company continues to push the boundaries of what is possible in lighting and display technology, continually evolving its product lines to match the dynamic needs of its varied customer base. By investing in advanced research and development, LSI Industries Inc ensures its product offerings are both high performance and energy efficient, contributing to broader industry advancements without relying on time-sensitive market promises.

Conclusion

LSI Industries Inc Ohio (LYTS) offers a well-rounded portfolio that addresses the ever-changing demands of the commercial, industrial, and retail spaces. Its commitment to innovation, quality, and integrated manufacturing sets it apart as a knowledgeable and reliable contributor in the fields of lighting and display solutions. Through a combination of technical expertise and rigorous process discipline, the company provides enduring value, making its operations a significant case study in the integration of design and manufacturing excellence.

Rhea-AI Summary
LSI Industries Inc. (Nasdaq: LYTS) reported strong fiscal 2024 third-quarter results with net sales of $108.2 million, net income of $5.4 million, and adjusted EBITDA of $11.2 million. The company declared a quarterly cash dividend and announced the acquisition of EMI Industries for $50 million, aiming to enhance its commercial lighting and display solutions business.
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LSI Industries Inc. (NASDAQ: LYTS) announced the acquisition of EMI Industries for $50 million, expanding its display solutions capabilities within the grocery, convenience store, and restaurant markets. EMI is a Florida-based metal and millwork manufacturer known for customized fixtures, displays, and food equipment. The acquisition aligns with LSI's Fast Forward strategy to drive net sales growth by more than 60% between fiscal year 2023 and fiscal year 2028, with acquisition-related contributions. Financially, EMI reported total revenue and adjusted EBITDA of $87.0 million and $5.5 million, respectively, in 2023. The transaction is immediately accretive to LSI on an adjusted earnings per share basis. LSI funded the acquisition using cash and availability under its existing credit facility, aiming to reduce net leverage in the next 24 months. The deal expands LSI's market presence, provides operational synergies, and enhances its value proposition with customers.
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LSI Industries Inc. granted an inducement stock option to Michael Romano, Senior Vice President of Procurement and Logistics, under NASDAQ Listing Rule 5635(c)(4). The option allows him to purchase up to 10,000 shares of the Company's common stock at $14.17 per share, with full vesting on the third anniversary of the grant.
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LSI Industries, Inc. (LYTS) will release fiscal 2024 third-quarter results on April 25, 2024. A conference call will follow to discuss financial results and recent events. Webcast and teleconference details are available on the company's website.
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LSI Industries Inc. (LYTS) announces an inducement grant to Kevin Kilkelly, President of Atlas Lighting Products, Inc. The grant includes an option to purchase 30,000 shares of common stock at $14.41 per share, vesting in full after three years.
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JSI Store Fixtures, a subsidiary of LSI Industries Inc. (Nasdaq: LYTS), has introduced refrigerated retail displays using the environmentally friendly R290 refrigerant. The new propane-based system offers customers a non-toxic, zero ozone-depleting alternative with significant environmental benefits. The company aims to drive sustainability and energy efficiency with this innovative solution.
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LSI Industries Inc. reported solid financial results for the fiscal 2024 second quarter, with net sales of $109.0 million, net income of $5.9 million, and adjusted EBITDA of $11.1 million. The company increased market share across high-value vertical markets and reduced its ratio of net debt to trailing twelve-month Adjusted EBITDA to 0.4x from 1.3x. LSI declared a regular cash dividend of $0.05 per share and remains well-positioned to capitalize on an expected acceleration in project activity as market conditions normalize.
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LSI Industries, Inc. (Nasdaq: LYTS) will issue fiscal 2024 second quarter results on January 25, 2024. The conference call to review financial results and recent events will be held at 11:00 a.m. ET. Webcast and teleconference details are available on the Investor Relations section of LSI Industries’ website.
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LYTS: LSI Industries to Attend 14th Annual Craig-Hallum Alpha Select Conference in New York City on November 16, 2023. CEO and CFO to Participate in Investor Meetings
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LSI Industries Inc. reports financial results for Q1 FY2024. Net income increased by 28% YoY to $8.0 million. Adjusted net income increased by 23% YoY to $8.7 million. Net sales were $123.4 million, with lighting sales steady compared to the previous year. EBITDA was $13.4 million, and adjusted EBITDA was $15.1 million or 12.2% of sales. Free cash flow was $9.2 million. Net debt to TTM adjusted EBITDA ratio improved to 0.5x as of September 30, 2023.
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FAQ

What is the current stock price of Lsi Inds Ohio (LYTS)?

The current stock price of Lsi Inds Ohio (LYTS) is $15.8 as of April 18, 2025.

What is the market cap of Lsi Inds Ohio (LYTS)?

The market cap of Lsi Inds Ohio (LYTS) is approximately 485.6M.

What core industries does LSI Industries Inc serve?

LSI Industries Inc serves a range of sectors including commercial, industrial, multi-site retail, particularly focusing on the petroleum and convenience store industries with its lighting and display solutions.

How does the company ensure high quality across its products?

The company maintains quality by integrating design, engineering, production, and assembly within its US-based facilities, enabling strict quality control and streamlined production processes.

What is the significance of vertical integration for LSI Industries Inc?

Vertical integration allows the company to manage each stage of production internally, ensuring efficiency, reducing dependency on external suppliers, and maintaining a high standard of product quality.

What range of products does LSI Industries Inc offer?

LSI Industries Inc offers energy efficient lighting systems and custom visual image solutions, including printed graphics, digital signage, and comprehensive display elements for various environments.

How does the company support custom projects?

The company provides full design support, engineering, installation, and project management services, ensuring that custom lighting and display solutions meet the specific needs of each client.

In what ways does LSI Industries Inc differentiate itself from competitors?

LSI Industries Inc differentiates itself through its fully integrated manufacturing process, a strong emphasis on quality control, and innovative design and engineering capabilities that deliver tailored solutions.

What role does innovation play in the company's operations?

Innovation is central to the company’s strategy, driving continuous improvements in solid-state technology and product development to meet evolving market needs without resorting to time-sensitive claims.

How does LSI Industries Inc manage its manufacturing processes?

The company manages its manufacturing processes through a vertically integrated model that consolidates design, production, and assembly, ensuring consistent product excellence and operational reliability.
Lsi Inds Inc Ohio

Nasdaq:LYTS

LYTS Rankings

LYTS Stock Data

485.62M
26.28M
12.14%
75.85%
1.35%
Electronic Components
Electric Lighting & Wiring Equipment
Link
United States
CINCINNATI