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Stock impact report

LSI Industries (LYTS) Q2 Earnings Beat Estimates, Down Y/Y [Yahoo! Finance]

LSI Industries Inc. (LYTS) 
Last lsi industries inc. earnings: 4/23 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: lsiindustries.gcs-web.com/investor-overview
Company Research Source: Yahoo! Finance
However, both the metrics declined on a year-over-year basis due to tepid Display Solutions and Lighting segment performance. Nonetheless, strategic investments in organic growth and new product innovation aided the company's performance. Also, emphasis on cross-selling initiative bodes well. Delving Deeper LYTS reported earnings of 20 cents per share, which topped the consensus estimate of 7 cents by 185.7%. However, the metric declined 11% from the year-ago reported figure of 22 cents per share. Adjusted earnings of 21 cents declined 19% year over year. LSI Industries Inc. Price, Consensus and EPS Surprise LSI Industries Inc. price-consensus-eps-surprise-chart | LSI Industries Inc. Quote Net sales of $109 million beat the consensus mark of $108 million by 1.2% but decreased 15% from the prior-year quarter's levels. Lighting Segment's net sales of $64.8 million and Display Solutions' net sales of $44.2 million declined 3% and 29% year over year, respectively. Operating Show less Read more
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