FY 2015 Fourth Quarter Financial Statistics August 20, 2015 SAFE HARBOR STATEMENT Our remarks today will be related to our expectations with regard to a number of activities in which the Company is engaged. Reliance should not be placed upon such forward-looking statements because they involve risks and uncertainties which may cause our actual results to differ materially from those which we are going to talk about or which we may imply. Those risks and uncertainties are discussed in our Forms 10-K and 10-Q ...

Fiscal Fourth Quarter Results August 22, 2019 Forward-Looking Statements and Non-GAAP Financial Measures This presentation includes "forward-looking statements" within the meaning of the federal securities laws, which involve risks and uncertainties. Forward-looking statements include all statements that do not relate solely to historical or current facts, and you can identify forward-looking statements because they contain words such as "believes," "expects," "may," "will," "outlook," "should," "seeks," "i ...

Fourth Quarter & Full-Year Fiscal 2020 Results August 20, 2020 DISCLAIMER Forward-Looking Statements and Non-GAAP Financial Measures This presentation includes "forward-looking statements" within the meaning of the federal securities laws, which involve risks and uncertainties. Forward-looking statements include all statements that do not relate solely to historical or current facts, and you can identify forward-looking statements because they contain words such as "believes," "expects," "may," "will," "out ...

Fourth Quarter & Fiscal year 2021 Results Conference Call August 19, 2021 (发 DISCLAIMER This presentation contains "forward-looking statements"—that is, statements related to future events within the meaning of the Private Securities Litigation Reform Act of 1995. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. In this context, forward-looking statements often address our expected future business, financial performance, financial condition and resu ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED MARCH 31, 2025, OR (Exact name of registrant as specified in its charter) Ohio 31-0888951 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 10000 Alliance Road, Cincinnati, Ohio 45242 (Address of principal executive offices) (Zip Code) (513) 793-3200 Registrant ...

LSI Industries Inc. (NASDAQ:LYTS) Q3 2025 Earnings Conference Call April 24, 2025 11:00 AM ET Company Participants James Galeese - Chief Financial Officer James Clark - President and Chief Executive Officer Conference Call Participants Aaron Spychalla - Craig-Hallum Capital Group LLC Amit Dayal - H.C. Wainwright & Co. Leanne Hayden - Canaccord Genuity Group Inc. Operator Greetings and welcome to the LSI Industries Third Quarter 2025 Results Conference Call. At this time all participants are in a listen only ...

Fiscal Third Quarter 2025 Results Conference Call April 24, 2025 DISCLAIMER This presentation contains "forward-looking statements"—that is, statements related to future events within the meaning of the Private Securities Litigation Reform Act of 1995. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. Forward-looking statements often address our expected future business, financial performance, financial condition and results of operations, often cont ...

Financial Data and Key Metrics Changes - The company achieved net sales of $132.5 million for Q3 2025, representing a 22% year-over-year growth [8][15] - Adjusted EBITDA for the quarter was $11.3 million, with adjusted earnings per share of $0.20 [15] - Cash flow generated in the third quarter was $4.7 million, increasing the trailing twelve months cash flow to approximately $35 million [16] Business Line Data and Key Metrics Changes - The Display Solutions segment saw a 70% increase in sales year-over-year, with 15% organic growth [8][17] - Lighting sales lagged year-over-year but experienced a 110 basis point improvement in operating margins [9][19] - The Lighting segment's backlog increased by 18% compared to the previous year, indicating a strong rebound in large project order activity [10][19] Market Data and Key Metrics Changes - The Refueling C store vertical experienced a 60% increase in sales year-over-year, driven by ongoing customer graphics programs [17] - Sales of refrigerated and non-refrigerated display case products to the grocery vertical grew by 20% despite order fulfillment challenges [17] Company Strategy and Development Direction - The company is focused on onshoring and reshoring manufacturing, currently standing at 70% domestic sourcing and 30% foreign sourcing [11] - The acquisition of Canada's Best Store Fixtures is part of the strategy to enhance capabilities and market presence [7][16] - The company aims to leverage its unique integrated solutions approach to differentiate itself from competitors [49][50] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in regaining margins as customer demand stabilizes and operational efficiencies improve [7][10] - The company anticipates continued favorable order rates, although performance may remain choppy due to the lengthening quote-to-order conversion cycle [19][20] - Management remains optimistic about the market outlook, citing a strong backlog and recovery in lighting orders [46][67] Other Important Information - The company is actively pursuing both incremental and transformational M&A opportunities to enhance growth [55][56] - The product development team continues to release over 30 new products annually, indicating a strong commitment to innovation [58][60] Q&A Session Summary Question: Can you provide more details on fluctuating demand levels and customer schedules? - Management noted that fluctuating demand is primarily around grocery, with improvements in stability observed since early April [24][25] Question: What is the margin impact from production inefficiencies? - Management estimated a margin impact of 200 to 250 basis points due to scheduling disruptions, primarily in the grocery vertical [29][31] Question: How is the company managing the tariff environment? - Management indicated that they have established alternative sourcing and are monitoring pricing impacts due to tariffs, ensuring costs are captured appropriately [33][35] Question: Are there opportunities for cross-selling between display and lighting segments? - Management confirmed that there are significant cross-selling opportunities between display solutions and lighting customers, particularly in vertical markets [40][41] Question: What is the company's acquisition strategy moving forward? - Management stated that they remain active in M&A, focusing on both incremental and transformational opportunities to enhance business capabilities [54][56]

分组1 - LSI reported quarterly earnings of $0.13 per share, matching the Zacks Consensus Estimate, but down from $0.18 per share a year ago [1] - The company posted revenues of $132.48 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 0.40% and up from $108.19 million year-over-year [2] - LSI shares have declined approximately 18.6% since the beginning of the year, compared to an 8.6% decline in the S&P 500 [3] 分组2 - The earnings outlook for LSI is mixed, with the current consensus EPS estimate at $0.18 on revenues of $138.6 million for the upcoming quarter and $0.70 on revenues of $556.39 million for the current fiscal year [7] - The Building Products - Lighting industry, to which LSI belongs, is currently ranked in the top 38% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Financial Performance - LSI reported fiscal Q3 2025 sales of $132.5 million, a 22% increase year-over-year from $108.2 million[4]. - Net income for Q3 2025 was $3.9 million, or $0.13 per diluted share, compared to $5.4 million, or $0.18 per diluted share in Q3 2024[5][27]. - Adjusted EBITDA for the quarter was $11.3 million, representing 8.5% of net sales[5]. - Free cash flow generated in Q3 2025 was $4.7 million, supported by ongoing profitability and working capital efficiency[6]. - Operating income as reported for the three months ended March 31, 2025, was $6.2 million, a decrease of 19% from $7.7 million in 2024[34]. - Net income as reported for the three months ended March 31, 2025, was $3.9 million, down 28% from $5.4 million in 2024[34]. - The diluted earnings per share (EPS) as reported for the three months ended March 31, 2025, was $0.13, a decrease of 28% from $0.18 in 2024[34]. - Adjusted operating income for the three months ended March 31, 2025, was $9.7 million, a decrease of 4% from $10.0 million in 2024[34]. - Adjusted net income for Q3 2025 was $6,331,000, representing 4.8% of total sales[40]. Segment Performance - Display Solutions segment sales increased by 70% year-over-year, contributing significantly to overall sales growth[11]. - Lighting segment net sales decreased by 9% to $59.0 million, while operating margin improved by 110 basis points to 13.3%[13][27]. - The Lighting Segment reported sales of $58,967,000, down 9% from $64,881,000 in Q3 2024[38]. - Comparable Display Solutions sales increased by 15% to $49,728,000 in Q3 2025 from $43,305,000 in Q3 2024[38]. - Total organic net sales remained flat at $108,695,000 in Q3 2025 compared to $108,186,000 in Q3 2024[38]. Cash Flow and Capital Management - Free cash flow for Q3 2025 was $4,716,000, a significant decrease from $11,152,000 in Q3 2024[37]. - Capital expenditures for Q3 2025 were $(690,000), a 46% decrease from $(1,277,000) in Q3 2024[37]. Acquisitions and Market Position - The company completed the acquisition of Canada's Best Holdings for $24 million, enhancing its market presence in Canada[6][12]. - The book-to-bill ratio was 1.06, with a backlog increase of 15% year-over-year, indicating strong future demand[7][10]. Assets and Liabilities - LSI's total assets increased to $380.9 million, up from $348.8 million in the previous quarter[26]. - Current assets as of March 31, 2025, were $185.5 million, with current liabilities of $89.2 million, resulting in working capital of $96.3 million[29]. - Long-term debt as of March 31, 2025, was $51.8 million, while shareholders' equity stood at $221.7 million[29]. Dividends - The company declared a quarterly cash dividend of $0.05 per share, payable on May 13, 2025[8]. - The Board of Directors declared a quarterly cash dividend of $0.05 per share, with an indicated annual cash dividend rate of $0.20 per share[31]. Non-GAAP Measures - Free cash flow and organic sales growth are included as non-GAAP financial measures to assess operating performance[32]. - The company plans to include amortization expense related to acquired intangible assets as an add-back to its non-GAAP reconciliation starting in fiscal 2025[35]. Debt and Financial Ratios - The net debt to adjusted EBITDA ratio rose to 1.0 in Q3 2025 from 0.2 in Q3 2024[37].