LSI Industries: Q1 Earnings Insights

 

Shares of LSI Industries (NASDAQ:LYTS) remained unaffected after the company reported Q1 results.

Quarterly Results

Earnings per share were up 100.00% over the past year to $0.08, which beat the estimate of $0.05.

Revenue of $70,006,000 declined by 21.08% from the same period last year, which beat the estimate of $67,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

LSI Industries hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Oct 29, 2020

Time: 11:00 AM

ET Webcast URL: https://investors.lsicorp.com/events-and-presentations/default.aspx

Technicals

Company's 52-week high was at $7.62

52-week low: $2.50

Price action over last quarter: Up 1.93%

Company Overview

LSI Industries Inc provides corporate visual image solutions to the petroleum and convenience store industry. The company's operating segments includes Lighting and Graphics. It generates maximum revenue from the Lighting segment. Lighting Segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial and multi-site retail markets including the petroleum/convenience store, quick-service, and automotive markets. The Graphics Segment manufactures and sells exterior and interior visual image elements related to signage and graphics, including integrated digital signage solutions and menu boards. It sells its products in the United States, Mexico, Canada, Australia, and Latin America.

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