{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-011230","form_type":"8-K","ticker":"LYTS","cik":"0000763532","company_name":"LSI INDUSTRIES INC","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.178181+00:00","generated_at":"2026-06-16T10:03:52.135592+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"LSI Industries Q3 FY2023 net sales up 7% to $117.5M; EPS $0.16; debt reduced","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-011230","json":"https://secwatch.observer/filing/0001437749-23-011230.json","markdown":"https://secwatch.observer/filing/0001437749-23-011230.md","text":"https://secwatch.observer/filing/0001437749-23-011230.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/763532/000143774923011230/0001437749-23-011230-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/763532/000143774923011230/lyts20230425_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T10:03:52.135592+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2eeccc9d0b898801bb9f9a205d26093c77e679ed","claim":"LSI INDUSTRIES INC reported fiscal third quarter ended March 31, 2023 results: revenue $117.5 million, net income $4.7 million, EPS $0.16.","evidence_excerpt":"FISCAL 2023 THIRD QUARTER ● Net Sales +7% y/y to $117.5 million ● Net Income +29% y/y to $4.7 million; Adjusted Net Income of $5.5 million ● Diluted EPS of $0.16; Adjusted EPS of $0.19 ● EBITDA of $10.2 million; Adjusted EBITDA $11.2 million ● Strong Free Cash Flow of $11.7 million ● Net debt declined to $48.2 million, or 1.0x TTM Adjusted EBITDA","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/763532/000143774923011230/0001437749-23-011230-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal third quarter ended March 31, 2023"},{"label":"Revenue","value":"$117.5 million"},{"label":"Net income","value":"$4.7 million"},{"label":"EPS","value":"$0.16"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}