{"filings":[{"id":2467516,"accession_number":"0001437749-26-028937","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2026-08-25T20:45:48+00:00","items":["5.02"],"status":"ready","headline":"LSI Industries adopts FY2027 LTIP/STIP; CEO gets $2.5M LTIP + $3M retention","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["FY2027 LTIP grants RSUs and PSUs over 3-yr cycle (Jul 1, 2026–Jun 30, 2029); PSUs tied to Adjusted EBITDA (50%) and RONA (50%).","CEO James Clark: LTIP target $2.5M (41,563 RSUs, 62,344 PSUs); $3M retention RSUs cliff vest on 3rd anniversary; salary raised to $900k eff. Sep 1, 2026.","CFO James Galeese LTIP target $540k; EVP/GC Thomas Caneris LTIP target $440k; awards split as RSUs and PSUs.","FY2027 STIP: cash bonuses based 80% Adjusted EBITDA, 20% Net Sales; bonus targets: CEO 100%, CFO 80%, EVP/GC 60% of base salary."],"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":2364877,"accession_number":"0001437749-26-028592","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2026-08-20T12:15:11+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"LSI Industries posts record FY2026 sales of $689.4M; Q4 sales up 51% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales +51% YoY to $234.6M; organic growth +8%; Q4 adjusted EPS $0.38, GAAP EPS $0.18.","FY2026 net sales +20% to record $689.4M; adjusted EPS $1.25 vs $1.07 in FY2025.","Q4 adjusted EBITDA $25.7M, up 50% vs $17.1M; FY2026 adjusted EBITDA $69.7M, margin 10.1%.","Royston Group acquisition (closed 3/24/26) contributed; Display Solutions sales doubled, organic growth 18%, margin 12.4%.","Dividend $0.05/share payable 9/8/26, record 8/31/26; net debt to proforma TTM adj EBITDA 2.7x."],"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":2364762,"accession_number":"0001437749-26-028591","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2026-08-20T12:00:19+00:00","items":["5.02","9.01"],"status":"ready","headline":"LSI Industries CFO James Galeese to retire Aug 31, 2027; successor search underway","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["James E. Galeese, EVP & CFO, to retire Aug 31, 2027 after over a decade of service.","Retirement not due to any disagreement; he remains in role for ~1 year transition.","Successor search initiated; internal and external candidates considered by Executive Committee with global search firm.","Successor expected to be named during first half of calendar 2027; Galeese to advise LSI after CFO tenure."],"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":888116,"accession_number":"0001437749-26-019737","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K/A","filed_at":"2026-06-05T20:04:32+00:00","items":["9.01"],"status":"ready","headline":"LSI Industries files audited SRR Holdings financials; 2025 revenue $265M, net income $11.4M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["SRR Holdings 2025 net sales $265M (down 2.3% YoY); net income $11.4M vs $12.8M in 2024.","Gross profit improved to $66.5M (25.1% margin) from $60.5M (22.3%) in 2024; operating income $23M vs $17.7M.","Total assets $194.7M, shareholders' equity $71.2M; goodwill $11.7M, intangible assets $58.7M at Dec 2025.","Pro forma combined financials (LSI + SRR) filed for FY2025 and nine months ended March 2026.","Acquisition originally reported on March 24, 2026; this amendment delivers required financial statements."],"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":0.6,"calibrated_materiality_score":0.6,"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":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},{"id":253327,"accession_number":"0001437749-24-006422","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2024-03-04T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"LSI Industries grants stock options to new Atlas Lighting President Kevin Kilkelly","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Kevin Kilkelly granted options to purchase 30,000 shares at $14.41/share.","Options vest fully on third anniversary (March 1, 2027).","Grant approved as inducement under NASDAQ Rule 5635(c)(4) by Compensation Committee.","Kilkelly became President of Atlas Lighting Products, effective February 28, 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":0.3,"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":253326,"accession_number":"0001437749-24-002115","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2024-01-25T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"LSI Industries Q2: Net sales $109M, EPS $0.20, adj. EPS $0.21; gross margin +240bps; orders +10%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $109.0M, net income $5.9M ($0.20 diluted EPS); adjusted net income $6.4M ($0.21 diluted EPS).","Gross margin rate increased 240 bps YoY; Adjusted EBITDA $11.1M (10.1% of sales); free cash flow $7.3M in Q2.","Total orders up 10% YoY; Lighting segment adjusted gross margin 35.0% (+440 bps), highest in a decade.","Declared quarterly cash dividend $0.05/share payable Feb 13 to holders of record Feb 5; net debt/EBITDA 0.4x.","Grocery vertical saw temporary project pause due to pending merger of two large grocers; expects demand ramp in Q3/Q4."],"consensus_eps_estimate":null,"consensus_eps_actual":0.47,"consensus_revenue_estimate":null,"consensus_revenue_actual":109005000.0,"consensus_period":"2024-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":270810,"accession_number":"0001437749-23-029996","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2023-11-02T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"LSI Industries shareholders elect all seven directors, ratify auditor, approve executive compensation","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All seven director nominees elected; Ernest W. Marshall, Jr. received 16.7M for (76.1%) and 5.2M withheld.","Grant Thornton LLP ratified as independent auditor for fiscal 2024 with 23.7M for, 1.4M against.","Advisory vote on executive compensation approved: 21.7M for, 0.2M against, 3.2M broker non-votes.","Shareholders voted 18.8M for a 1-year frequency of future advisory votes on executive compensation; Board adopts annual say-on-pay.","Approximately 3.2M broker non-votes on all matters except auditor ratification."],"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":0.15,"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":270809,"accession_number":"0001437749-23-029849","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2023-11-02T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"LSI Industries Reports Fiscal Q1 2024 Results and Declares Cash Dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income up 28% year-over-year to $8.0 million ($0.27 per diluted share) for Q1 ended Sept 30, 2023.","Adjusted EBITDA rose 13% to $15.1 million; adjusted EBITDA margin improved 170 bps to 12.2%.","Declared quarterly cash dividend of $0.05 per share payable Nov 21, 2023 to holders of record Nov 13, 2023.","Net debt reduced to $25.1 million (0.5x trailing twelve-month adjusted EBITDA) from $68.5 million a year ago.","Awarded major image refresh program covering 7,000+ domestic locations for a leading oil company; also expanding into 6 Central American countries and Jamaica."],"consensus_eps_estimate":null,"consensus_eps_actual":0.27,"consensus_revenue_estimate":null,"consensus_revenue_actual":123441000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"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":287708,"accession_number":"0001437749-23-024405","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2023-08-22T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"LSI Industries adopts FY2024 LTIP and STIP for named executives with EBITDA and RONA targets","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Clark gets RSUs of 47,022 and PSUs of 70,533; EVP & CFO Galeese gets 16,928 RSUs and 25,392 PSUs.","LTIP PSUs vest based 50% on cumulative Adjusted EBITDA and 50% on RONA over 3-year cycle ending June 2026.","STIP cash bonuses tied 80% to Adjusted EBITDA and 20% to Net Sales for FY2024; CEO target is 80% of salary.","Payout for both plans ranges from 0% at threshold to 200% for exceeding targets, with interpolation.","RSUs vest annually over 3 years; PSUs convert to time-based RSUs at target upon change in control."],"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":287707,"accession_number":"0001437749-23-024006","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2023-08-17T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"LSI Industries Q4 net income +63% to $0.28 EPS; full-year sales record $497M, Adj EBITDA +47%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $123.6M; net income $8.4M ($0.28/diluted), +63% YoY; adj net income $8.8M ($0.30/diluted).","Full year record sales $497M (+9% YoY); net income $25.8M ($0.88) +71%; Adj EBITDA $51.6M (+47%).","Free cash flow $46.4M for FY; net debt cut >50% to $33.4M; leverage ratio 0.7x.","Lighting segment sales +5% Q4, +17% FY; Display +1% FY (excl. large QSR program +13%).","Declared quarterly dividend $0.05/share payable Sept 5, 2023, record Aug 28, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":0.88,"consensus_revenue_estimate":null,"consensus_revenue_actual":496979000.0,"consensus_period":"2023-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":307990,"accession_number":"0001437749-23-011230","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2023-04-27T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"LSI Industries Q3 FY2023 net sales up 7% to $117.5M; EPS $0.16; debt reduced","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $4.7M ($0.16 diluted EPS) vs $3.6M ($0.13) a year ago; adjusted EPS $0.19.","Adjusted EBITDA $11.2M, up 32% YoY; margin 9.6%, +190 bps vs prior year.","Free cash flow $11.7M; net debt cut to $48.2M, leverage ratio 1.0x (from 2.7x).","Lighting segment sales +17%; Display Solutions operating income +23% despite slight sales dip.","Declared $0.05/share quarterly dividend payable May 16, 2023 to holders of record May 8."],"consensus_eps_estimate":null,"consensus_eps_actual":0.6,"consensus_revenue_estimate":null,"consensus_revenue_actual":117470000.0,"consensus_period":"2023-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":326908,"accession_number":"0001437749-23-005997","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2023-03-09T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"LSI Industries posts investor presentation for Roth Conference; no financial details provided","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Presentation posted on IR website on March 9, 2023 for 35th Annual Roth Conference (March 12-14).","Exhibit 99.1 (image only) references GAAP and non-GAAP results but no specific figures are disclosed in the filing.","Management states non-GAAP measures provide comparison basis, but no actual metrics or guidance are given.","Filing is under Item 7.01 (Regulation FD) and is furnished, not filed."],"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":0.15,"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":326907,"accession_number":"0001437749-23-005809","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2023-03-08T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"LSI Industries unveils 'Fast Forward' plan targeting $800M sales, $100M adjusted EBITDA by FY28","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["FY28 target: $800M net sales, $100M Adjusted EBITDA (12.5% margin).","FY23e guide: net sales $490-500M, Adj. EBITDA $47-49M (~9.5-10% margin).","5-year growth: net sales +60%+, Adjusted EBITDA +100%+.","Growth balanced organic/inorganic; net debt/EBITDA ≤3.0x.","New product launches, vertical expansion, and M&A highlighted."],"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":0.65,"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":326906,"accession_number":"0001437749-23-001823","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2023-01-26T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"LSI Industries Q2 FY2023 net sales +16% to $128.8M, net income +107% to $6.4M, declares $0.05 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $128.8M (+16% y/y); net income $6.4M ($0.22 diluted EPS) vs $3.1M ($0.11) a year ago.","Adjusted EBITDA $13.0M (10.1% of sales) +54% y/y; adjusted EPS $0.26 vs $0.15.","Free cash flow $8.9M in Q2; net debt reduced to $60.1M, leverage 1.3x TTM Adj. EBITDA.","Lighting segment sales +17% y/y with indoor sales +32%; Display Solutions sales +15% with gross margin +620 bps.","Declared quarterly cash dividend $0.05/share, payable Feb 14, 2023 to holders of record Feb 6, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":0.44,"consensus_revenue_estimate":null,"consensus_revenue_actual":128804000.0,"consensus_period":"2023-Q2","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":344619,"accession_number":"0001437749-22-026184","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2022-11-07T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"LSI Industries shareholders elect all seven directors, approve share increase and equity plan amendment","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All seven director nominees elected; Ernest Marshall, Jr. received 19.0M for, 140K withheld.","Grant Thornton LLP ratified as independent auditor for FY2023 with 22.3M votes for.","Advisory say-on-pay passed with 18.8M for, 238K against, 100K abstain.","Articles amended to increase authorized common shares by 10 million shares.","Amended 2019 Omnibus Plan approved, adding 2.35M shares and removing fungible share counting."],"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":0.15,"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":344618,"accession_number":"0001437749-22-025461","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2022-11-02T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"LSI Industries Q1 FY2023 sales $127M (+19% YoY), net income doubles, adj. EBITDA margin 10.5%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $127.1M (+19% YoY); net income $6.3M (+100% YoY); diluted EPS $0.22; adjusted EPS $0.25.","Adjusted EBITDA $13.3M (10.5% of sales), highest margin in over ten years.","Free cash flow $10.1M; net debt leverage improved to 1.7x, lowest in nearly two years.","Lighting segment sales +30%, operating income +109%; Display segment gross margin +450 bps, op income +70%.","Declared quarterly cash dividend $0.05/share, payable Nov 22, record Nov 14, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":0.22,"consensus_revenue_estimate":null,"consensus_revenue_actual":127069000.0,"consensus_period":"2022-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":361101,"accession_number":"0001437749-22-022113","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2022-09-09T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"LSI Industries presents at H.C. Wainwright conference; financial results not disclosed in filing","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Investor presentation furnished as Exhibit 99.1 for H.C. Wainwright Global Investment Conference on Sept 12, 2022.","Presentation includes GAAP and non-GAAP financial results, but specific figures not provided in 8-K.","No new guidance or material updates beyond previously reported information can be confirmed from filing.","Forward-looking statements and risks are noted, but no specific changes to outlook or operations mentioned.","Stock symbol LYTS; no other tickers referenced."],"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":0.1,"calibrated_materiality_score":0.1,"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":361100,"accession_number":"0001437749-22-021184","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2022-08-23T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"LSI Industries adopts FY2023 LTIP and STIP with specific RSU/PSU grants to NEOs","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO James Clark receives 63,768 RSUs and 95,652 PSUs; LTIP target 157% of salary.","CFO James Galeese receives 20,290 RSUs and 30,435 PSUs; LTIP target 91% of salary.","PSUs vest based on cumulative Adjusted EBITDA and RONA targets over 3-year cycle through June 2025.","STIP awards cash bonuses up to 150% of target based on FY2023 Adjusted EBITDA (80%) and Net Sales (20%).","Executive STIP bonus targets: CEO 80%, CFO 50%, other NEOs 40-50% of base salary."],"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":361099,"accession_number":"0001437749-22-021026","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2022-08-19T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"LSI Industries elects Ernest Marshall to board; corrects dividend date to Sept 6","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Ernest W. Marshall, Jr. elected to LSI Board effective Aug 17, 2022; appointed to Compensation Committee.","Marshall is EVP & Chief HR Officer at Eaton, with over 22 years of global HR management experience.","Dividend payable date corrected from Sept 7, 2022 to Sept 6, 2022; record date remains Aug 29, 2022.","Marshall previously served as VP of HR at GE Aviation for nearly 5 years; also on Republic Bancorp board."],"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":361098,"accession_number":"0001437749-22-020869","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2022-08-18T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"LSI Industries Q4 FY2022: record sales $127.5M, adj EPS $0.21, dividend declared","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $127.5M (+31% YoY), record; adj EPS $0.21 vs $0.12 prior year.","Full year sales $455.1M (+44%); adj EPS $0.64 vs $0.36; adj EBITDA $35.1M (+66%).","Q4 free cash flow $8.0M (+200% YoY); net debt/adj EBITDA 2.2x.","Declared $0.05/share quarterly dividend payable Sept 6, 2022, record Aug 29.","Lighting segment sales +29% Q4 YoY; Display Solutions +35%; new >$10M Puerto Rico project."],"consensus_eps_estimate":null,"consensus_eps_actual":0.54,"consensus_revenue_estimate":null,"consensus_revenue_actual":455120000.0,"consensus_period":"2022-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":380313,"accession_number":"0001437749-22-013665","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2022-05-26T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"LSI Industries SVP of Operations Michael Beck to retire effective July 1, 2022; advisory role through Dec 31","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Michael C. Beck retires as SVP of Operations effective July 1, 2022; will serve in an advisory role through December 31, 2022.","No replacement appointed; duties will be assigned among existing management team.","Separation agreement: $159/hr for advisory, STIP incentive, and extension of 9,059 RSUs and 30,534 options.","Beck had served as SVP of Operations since February 2019."],"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":0.45,"calibrated_materiality_score":0.45,"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":380312,"accession_number":"0001437749-22-009987","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2022-04-28T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"LSI Q3 net sales $110.1M (+53% YoY), adj. EPS $0.15, $15M share repurchase authorized","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $110.1M (+53% YoY); organic growth 12%; Lighting +25%, Display Solutions +100%.","Net income $3.6M ($0.13 diluted), Adjusted net income $4.2M ($0.15 diluted), Adjusted EBITDA $8.5M (+92%).","Board authorized $15M share repurchase over 5 years; quarterly dividend $0.05/share payable May 17, record May 9.","Order backlog increased sequentially; book-to-bill >1.0; new wins with national QSR and grocery retailers."],"consensus_eps_estimate":null,"consensus_eps_actual":0.35,"consensus_revenue_estimate":null,"consensus_revenue_actual":110111000.0,"consensus_period":"2022-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":398424,"accession_number":"0001437749-22-006070","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2022-03-14T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"LSI Industries presents at Roth Conference; no new material disclosures in filing","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Management team presented at 34th Annual Roth Conference on March 14-15, 2022.","Presentation available on company website; no specific financial updates provided in filing.","Forward-looking statements and non-GAAP measures discussed per standard cautionary language."],"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":0.1,"calibrated_materiality_score":0.1,"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":398422,"accession_number":"0001437749-22-004463","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K/A","filed_at":"2022-02-25T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"LSI Industries amends 8-K to disclose 4.18M broker non-votes from annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["4,179,122 broker non-votes reported for director elections and advisory items; had no effect on outcomes.","All six director nominees elected; Grant Thornton ratified as auditor for FY2022.","Shareholders approved amendment to increase authorized common shares by 10 million shares.","Advisory vote on executive compensation and 2021 Employee Stock Purchase Plan both passed."],"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":0.1,"calibrated_materiality_score":0.1,"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":398423,"accession_number":"0001437749-22-001762","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2022-01-27T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"LSI Industries Q2 FY2022 net sales +45% to $111.1M; adj. EPS $0.15; declares $0.05 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $111.1M (+45% y/y); organic sales +19%; Lighting +27%, Display Solutions +72%.","Net income $3.1M ($0.11 diluted EPS); adjusted net income $4.2M ($0.15 diluted EPS).","Adjusted EBITDA rose 65% to $8.4M; adjusted operating income +90% to $5.9M.","Declared quarterly cash dividend of $0.05/share, payable Feb 15, 2022 to holders of record Feb 7.","JSI awarded $17M order from a major grocery retailer for ~2,500 refrigerated display units."],"consensus_eps_estimate":null,"consensus_eps_actual":0.22,"consensus_revenue_estimate":null,"consensus_revenue_actual":111143000.0,"consensus_period":"2022-Q2","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":417424,"accession_number":"0001437749-21-025089","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2021-11-03T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"LSI Industries shareholders approve all proposals at annual meeting, including 10M share increase and 2021 ESPP","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All six director nominees elected with majority support; highest withheld was 979,726 for Robert P. Beech.","Grant Thornton LLP ratified as auditor for fiscal 2022 (22.2M for, 0.4M against).","Articles of Incorporation amended to increase authorized common stock by 10 million shares (22.0M for, 0.6M against).","2021 Employee Stock Purchase Plan approved: employees may purchase shares at 90% of fair market value, up to 2,000 shares per offering period, 270,000 shares reserved.","Advisory vote on executive compensation passed (17.9M for, 0.3M against, 4.2M 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":0.5,"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":417423,"accession_number":"0001437749-21-025034","cik":763532,"company_name":"LSI INDUSTRIES INC","ticker":"LYTS","form_type":"8-K","filed_at":"2021-11-03T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"LSI Industries Q1 FY2022 net sales $106.4M (+52% YoY); declares $0.05 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $106.4M (+52% YoY); organic growth +19%; quarterly sales exceed $100M for first time.","Net income $3.1M ($0.11 diluted EPS); adjusted net income $3.5M ($0.13 adjusted EPS).","Adjusted EBITDA $7.6M (+59% YoY); net debt/adj EBITDA ratio 2.5x.","Lighting segment sales +13%; Display Solutions sales $55.1M (+124%) including JSI acquisition.","Declared quarterly cash dividend $0.05/share payable Nov 23, 2021 to holders of record Nov 15."],"consensus_eps_estimate":null,"consensus_eps_actual":0.11,"consensus_revenue_estimate":null,"consensus_revenue_actual":106397000.0,"consensus_period":"2022-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}],"next_cursor":"2021-11-03T23:59:59+00:00|417423"}