secwatch.observer — SEC 8-K summary
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Issuer:     LSI INDUSTRIES INC (LYTS)
CIK:        0000763532
Form:       8-K
Filed at:   2023-08-17T23:59:59+00:00
Accession:  0001437749-23-024006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LSI Industries Q4 net income +63% to $0.28 EPS; full-year sales record $497M, Adj EBITDA +47%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763532/000143774923024006/0001437749-23-024006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763532/000143774923024006/lyts20230815_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-024006

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