LSI Industries Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended December 31, 2018
January 23, 2019 at 08:30 am
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LSI Industries Inc. announced unaudited consolidated earnings results for the second quarter and six months ended December 31, 2018. For the quarter. the company reported net sales of $89,541,000 compared to $92,305,000 a year ago. Operating loss was $20,271,000 compared to income of $4,547,000 a year ago. Net loss was $15,782,000 compared to $1,468,000 a year ago. Basic and diluted loss per share was $0.61 compared to $0.06 a year ago.
For the six months. the company reported net sales of $174,498,000 compared to $179,771,000 a year ago. Operating loss was $17,337,000 compared to $20,267,000 a year ago. Net loss was $14,033,000 compared to $17,097,000 a year ago. Basic and diluted loss per share was $0.54 compared to $0.66 a year ago.
LSI Industries Inc. is a producer of non-residential lighting and retail display solutions. It operates through two segments: Lighting and Display Solutions. Its Lighting Segment manufactures, markets, and sells outdoor and indoor lighting fixture and controls solutions in the commercial and industrial markets, including refueling and convenience store, parking lot and garage, quick-service restaurant, retail, grocery and pharmacy, automotive dealership, sports court and field, and warehouse. The Company services these markets through multiple channels: project business sold through electrical distributors and agents, standard products sold to and stocked by distributors, and direct to end-use customers. Its Display Solutions Segment manufactures, sells and installs exterior and interior visual image and display elements, including printed graphics, structural graphics, digital signage, menu board systems, store display fixtures, refrigerated displays, and custom display elements.
LSI INDUSTRIES INC. 
