LSI: Fiscal 4Q Earnings Snapshot
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.