{"filings":[{"id":98712,"accession_number":"0001437749-26-013085","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2026-04-23T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"LSI Industries Q3 sales +14% to $150.5M; adj. EPS $0.28, Royston acquisition closed","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $150.5M (+14% y/y); ex-Royston +9%; net income $2.1M ($0.06 diluted EPS).","Adjusted net income $9.6M (+52% y/y); adjusted diluted EPS $0.28; adjusted EBITDA $15.0M (+34%).","Display Solutions segment sales +23% y/y (ex-Royston +14%); Lighting segment +2% y/y.","Completed Royston Group acquisition Mar 24; issued ~5.5M shares; net debt/EBITDA 2.7x.","Declared $0.05/share quarterly dividend payable May 12, 2026 to holders of record May 4."],"consensus_eps_estimate":null,"consensus_eps_actual":0.48,"consensus_revenue_estimate":null,"consensus_revenue_actual":454776000.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114348,"accession_number":"0001437749-26-009635","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2026-03-24T23:59:59+00:00","items":["1.01","2.01","2.03","7.01","9.01"],"status":"ready","headline":"LSI Industries completes $325M acquisition of Royston Group; new credit facility funds deal","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquired Royston for $325M ($320M cash + $5M stock) on March 24, 2026 from Industrial Opportunity Partners.","Royston TTM revenue $272M, adjusted EBITDA $38M (~14% margin); 900+ employees across 5 U.S. facilities.","Financed via new $350M credit facility ($200M term loan + $150M revolver, due 2031) and March 2 public offering.","Royston to be reported in LSI's Display Solutions segment starting fiscal Q3 2026; ~6 days contribution in Q3.","Management calls acquisition transformational, expanding integrated retail branding solutions platform."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114347,"accession_number":"0001437749-26-006372","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2026-03-02T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"LSI Industries prices 4.6M share offering at $19.75; net proceeds ~$98.1M for Royston acquisition","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Offering of 4,600,000 shares priced at $19.75/share; gross proceeds ~$90M.","Underwriters exercised 30-day option to purchase an additional 690,000 shares.","Net proceeds ~$98.1M after discounts and expenses.","Proceeds to partially fund Royston acquisition, repay PNC credit facility, and for working capital.","Royston acquisition expected to close in Q3 FY2026; PNC credit facility to increase to $425M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114346,"accession_number":"0001437749-26-005618","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2026-02-25T23:59:59+00:00","items":["1.01","7.01","8.01","9.01"],"status":"ready","headline":"LSI Industries acquires Royston Group for $325M to create integrated retail branding platform","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Purchase price $325M: $320M cash at close, $5M in LSI common stock valued at Feb 19 close.","Pro-forma TTM Sep 2025 combined revenue ~$864M, adjusted EBITDA ~$95M (11.0% margin).","Royston generated TTM Sep 2025 revenue ~$272M, adjusted EBITDA ~$38M (14.0% margin).","Transaction expected to close in LSI's fiscal Q3 2026, subject to HSR clearance.","Financing: PNC commitment to increase credit facility to $425M; pro-forma net leverage ~3.0x at close."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114345,"accession_number":"0001437749-26-001688","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2026-01-22T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"LSI Industries Q2 FY2026: sales $147M flat YoY, adj EPS $0.26, FCF $23.3M, dividend $0.05","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $147.0M flat YoY; net income $6.3M ($0.20 diluted EPS); adjusted net income $8.4M ($0.26 adj diluted EPS).","Adjusted EBITDA $13.4M (9.1% of sales), up YoY; free cash flow $23.3M; net debt/adj EBITDA 0.4x.","Lighting segment sales +15% YoY; Display Solutions orders +8%; grocery orders up double-digits.","Declared regular cash dividend of $0.05/share, payable Feb 10, 2026 to holders of record Feb 2, 2026.","Total debt reduced by $22.7M; cash and credit availability $103.4M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.43,"consensus_revenue_estimate":null,"consensus_revenue_actual":304251000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130725,"accession_number":"0001437749-25-033946","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2025-11-10T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"All seven director nominees elected at LSI Industries annual meeting; auditor ratified.","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Robert P. Beech: 18,576,253 for, 3,720,390 withheld; Ronald D. Brown: 19,966,388 for, 2,330,255 withheld.","James A. Clark: 21,817,206 for, 479,437 withheld; Amy L. Hanson: 20,692,616 for, 1,604,027 withheld.","Chantel E. Lenard: 21,516,524 for, 780,119 withheld; Ernest W. Marshall, Jr.: 21,517,209 for, 779,434 withheld; Wilfred T. O'Gara: 20,526,666 for, 1,769,977 withheld.","Ratification of Grant Thornton LLP as auditor for FY2026: 24,780,079 for, 1,123,442 against, 9,936 abstain.","Advisory vote on executive compensation: 21,175,773 for, 1,085,033 against, 35,837 abstain, with 3,616,814 broker non-votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130724,"accession_number":"0001437749-25-033467","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2025-11-06T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"LSI Industries Q1 net sales $157.3M (+14% y/y); adj. EPS $0.31 (+22% y/y)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $157.3M (+14% y/y); organic growth 7%; Lighting +18%, Display +11%.","Adjusted EBITDA $15.6M (+17% y/y, margin 10.0%); credit facility expanded to $125M, extended to 2030.","Dividend $0.05 per share declared, payable Nov 25, record Nov 17.","CEO James Clark cites strong execution and favorable demand; expects sustained growth."],"consensus_eps_estimate":null,"consensus_eps_actual":0.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":157249000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130723,"accession_number":"0001437749-25-033146","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2025-11-05T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"LSI Industries amends credit facility: revolver increased to $125M, term loan terminated, maturity extended to FY2031","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolver increased from $75M to $125M; $73M available as of Sept 30, 2025.","$25M term loan terminated; pricing at SOFR + 100-225 bps, currently 5.5%.","Maturity extended to first quarter of fiscal 2031; unused fee 15-25 bps.","Financial covenant requires leverage ratio ≤ 3.00x; interest coverage minimum.","Amendment allows acquisitions with cash without further lender consent."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147283,"accession_number":"0001437749-25-027778","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2025-08-26T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"LSI Industries adopts FY2026 LTIP and STIP with EBITDA/RONA performance metrics","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO James Clark LTIP target $1.5M: 31,088 RSUs + 46,632 PSUs; performance based on 3-year cumulative Adjusted EBITDA and RONA.","STIP bonus targets: CEO 80% of base salary; EVP & CFO and EVP HR both 50%; based on FY2026 Adjusted EBITDA (80%) and Net Sales (20%).","PSU payout for EBITDA: <85% target = 0%; 100% = 100%; >110% = 200%. RONA: <68.4% = 0%; >106% = 200%; interpolated.","RSUs vest annually over 3 years; PSUs vest after 3-year performance cycle if targets met; change-in-control provisions accelerate vesting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147282,"accession_number":"0001437749-25-027483","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2025-08-21T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"LSI Industries Q4 sales +20% to $155.1M; adj EPS $0.34; record full-year revenue $573.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $155.1M (+20% y/y); net income $8.2M ($0.26 diluted EPS); adjusted EPS $0.34.","Full-year record sales $573.4M (+22%); adjusted EBITDA $55.0M (9.6% of sales); free cash flow $34.7M.","Display Solutions sales +29% y/y (organic +10%); Lighting +12% y/y; backlog +13% y/y.","Declared quarterly dividend $0.05/share, payable Sept 10, 2025, record Sept 2.","Net debt/trailing adj EBITDA 0.8x; $42M credit facility available; tariff impact minimal in Q4."],"consensus_eps_estimate":null,"consensus_eps_actual":0.79,"consensus_revenue_estimate":null,"consensus_revenue_actual":573377000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165898,"accession_number":"0001437749-25-012853","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2025-04-24T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"LSI Industries reports Q3 FY2025 sales $132.5M (+22% YoY), EPS $0.13, adjusted EPS $0.20; declares $0.05 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales of $132.5M, up 22% YoY; GAAP diluted EPS $0.13, adjusted diluted EPS $0.20.","EBITDA $9.3M; Adjusted EBITDA $11.3M (8.5% of sales); free cash flow $4.7M.","Completed acquisition of Canada's Best Holdings for $24M all-cash; net debt/Adj EBITDA 1.0x.","Display Solutions sales +70% YoY (organic +15%); Lighting operating margin +110bps to 13.3%.","Declared quarterly cash dividend of $0.05 per share, payable May 13, 2025 to holders of record May 5, 2025."],"consensus_eps_estimate":0.2856,"consensus_eps_actual":0.53,"consensus_revenue_estimate":null,"consensus_revenue_actual":132481000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183455,"accession_number":"0001437749-25-007051","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2025-03-11T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"LSI Industries acquires Canada's Best Holdings for $31M in accretive all-cash deal","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["All-cash purchase price of $24M plus $7M performance earnout; funded via cash and $100M credit facility.","CBH averaged $24M sales and $4M adjusted EBITDA over last two fiscal years; expected immediately accretive to EPS.","Third custom-display acquisition in four years (JSI 2021, EMI 2024); expands Canadian manufacturing footprint.","Minimal customer overlap: ~80% of CBH revenue from customers not currently served by LSI.","Pro-forma net debt to trailing EBITDA ~1.1x; LSI aims to significantly reduce leverage within 24 months."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183454,"accession_number":"0001437749-25-001628","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2025-01-23T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"LSI Industries Q2 FY2025 net sales up 36% to $147.7M, adj. EPS $0.26, declares $0.05 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $147.7M (+36% y/y, organic +14%); adjusted EBITDA $13.3M (9.0% of sales), up >20% y/y.","Adjusted diluted EPS $0.26 (vs $0.19 prior year); GAAP net income $5.6M ($0.18 diluted EPS).","Display Solutions organic sales +50%; Lighting segment -10% y/y due to large project comp.","Backlog +12% y/y entering Q3; order rates increased with Display Solutions orders +25% y/y.","Declares $0.05 quarterly dividend payable Feb 11, 2025; net debt/TTM Adj. EBITDA 0.6x."],"consensus_eps_estimate":0.238,"consensus_eps_actual":0.4,"consensus_revenue_estimate":null,"consensus_revenue_actual":147734000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200033,"accession_number":"0001437749-24-033775","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2024-11-07T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"LSI Q1 FY2025 sales $138.1M (+12%), net income $6.7M; declares $0.05 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $138.1M, +12% y/y; EMI acquisition contributed $26.2M; organic sales declined.","Net income $6.7M ($0.22 diluted), adjusted net income $8.0M ($0.26 diluted); EBITDA $12.1M.","Grocery vertical orders up 90% y/y; total orders and backlog increased; book-to-bill 1.3x for grocery.","Declared quarterly cash dividend $0.05/share, payable Nov 26 to holders of record Nov 18.","Management expects Lighting segment improvement in Q2; second half developing favorably."],"consensus_eps_estimate":null,"consensus_eps_actual":0.22,"consensus_revenue_estimate":null,"consensus_revenue_actual":138095000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200032,"accession_number":"0001437749-24-033361","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2024-11-05T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"LSI Industries annual meeting elects all seven director nominees, ratifies Grant Thornton","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Robert P. Beech, Ronald D. Brown, James A. Clark, Amy L. Hanson, Chantel E. Lenard, Ernest W. Marshall Jr., Wilfred T. O'Gara elected as directors.","Grant Thornton LLP ratified as independent auditor for fiscal 2025 with 24.3 million votes for, 2.0 million against.","Advisory vote on executive compensation approved with 22.2 million for, 530,804 against.","Broker non-votes on director elections and say-on-pay were 3.6 million each."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216051,"accession_number":"0001437749-24-027206","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2024-08-19T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"LSI Industries adopts FY2025 LTIP and STIP; CEO Clark gets $1.5M target awards","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["LTIP grants: CEO Clark $1.5M target (40,214 RSUs, 60,322 PSUs); EVP/CFO Galeese $540k (14,477 RSUs, 21,716 PSUs).","STIP bonus targets: CEO Clark 80% of base salary; Galeese and Caneris 50%.","PSU performance based 50% on 3-year cumulative Adj. EBITDA and 50% on RONA; payout 0-200% of target.","STIP performance: 80% Adj. EBITDA, 20% Net Sales for FY2025; same 0-200% payout interpolation.","Awards require continuous employment; CIC triggers accelerated vesting for RSUs and conversion of PSUs to time-based RSUs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216050,"accession_number":"0001437749-24-026942","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2024-08-15T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"LSI Industries reports Q4 FY2024 net sales $129M (+4% YoY), adjusted EPS $0.24; declares quarterly dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $129.0M (+4% YoY); adjusted net income $7.3M ($0.24 diluted EPS).","Adjusted EBITDA $14.0M (10.9% of sales); free cash flow $10.3M in Q4.","Full-year adjusted EBITDA $51.4M (11.0% of sales, +60 bps YoY); free cash flow $38.0M.","Completed EMI acquisition for $50M cash in April; net leverage ratio 1.0x at June 30.","Declared quarterly cash dividend $0.05/share, payable September 3 to holders of record August 26."],"consensus_eps_estimate":null,"consensus_eps_actual":0.83,"consensus_revenue_estimate":null,"consensus_revenue_actual":469638000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235547,"accession_number":"0001437749-24-019185","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2024-06-04T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"LSI Industries consolidates CFO and CAO roles; Bastian steps down as CAO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Effective May 31, 2024, CFO James E. Galeese assumes both principal financial and principal accounting officer duties.","Jeffrey S. Bastian ceases as Chief Accounting Officer but continues as Vice President of Accounting.","No other officer changes were announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235546,"accession_number":"0001437749-24-014213","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2024-05-02T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"LSI grants inducement equity awards to 5 ex-EMI employees as part of acquisition","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Awards include 190,000 stock options at $14.60/share, 30,000 PSUs, and 10,000 RSUs.","Grants made to five new employees from EMI Industries, acquired April 18, 2024.","PSUs and 100,000 options vest in two years based on EBITDA and revenue goals.","RSUs cliff-vest on second anniversary; 90,000 options vest on third anniversary."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235545,"accession_number":"0001437749-24-013786","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2024-04-30T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"LSI Industries grants 25,000 stock options to new SVP as inducement for employment","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mark Duato granted options to purchase 25,000 shares at $15.01 per share, 10-year term.","Options vest fully on third anniversary of grant (April 29, 2024).","Grant approved by Compensation Committee as inducement per NASDAQ Rule 5635(c)(4).","Duato appointed Senior Vice President of Security Solutions effective April 29, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235544,"accession_number":"0001437749-24-013135","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2024-04-25T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"LSI Q3 net income $5.4M ($0.18 EPS); acquires EMI for $50M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 net sales $108.2M (down YoY); net income $5.4M vs $4.7M prior year; EPS $0.18 vs $0.16.","Adjusted EBITDA $11.2M (10.4% margin, +80bps); gross margin up 140bps; free cash flow $11.2M quarterly.","Acquired EMI Industries for $50M cash on April 18; funded via cash/credit facility; net debt to TTM Adj. EBITDA 1.3x pro forma.","Declared $0.05/sh dividend payable May 14 to holders May 6; net debt $9.2M (0.2x TTM EBITDA).","Lighting segment adj. op income +11% on 280bps gross margin improvement; Display Solutions growth in c-store/QSR offset grocery weakness."],"consensus_eps_estimate":null,"consensus_eps_actual":0.64,"consensus_revenue_estimate":null,"consensus_revenue_actual":108186000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235543,"accession_number":"0001437749-24-012474","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2024-04-19T23:59:59+00:00","items":["1.01","2.01","9.01"],"status":"ready","headline":"LSI acquires EMI Industries for $50M all-cash; expands store fixtures and food service","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["EMI reported 2023 revenue of $87.0M and adjusted EBITDA of $5.5M; purchase price $50M.","Transaction immediately accretive to LSI adjusted EPS; funded from cash and existing credit facility.","Pro-forma net debt to trailing 12-month adjusted EBITDA expected ~1.3x; LSI plans to reduce leverage in 24 months.","EMI brings 300+ employees, five U.S. facilities; leadership team retained; EMI to remain independent brand.","Deal aligns with LSI's Fast Forward strategy targeting >60% sales growth by FY2028 with ~half from acquisitions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235542,"accession_number":"0001437749-24-012087","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2024-04-16T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"LSI Industries grants 10,000 stock options to new SVP Michael Romano as inducement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Grant of 10,000 stock options to Michael Romano, SVP of Procurement and Logistics.","Exercise price of $14.17 per share, equal to April 15, 2024 closing price.","Options vest fully on third anniversary of grant, have ten-year term.","Grant approved by Compensation Committee under NASDAQ Listing Rule 5635(c)(4)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":908264810.8450702,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}