LSI Q1 FY2025 sales $138.1M (+12%), net income $6.7M; declares $0.05 dividend

LSI INDUSTRIES INC

2025-Q1 EPS reported $0.22 revenue$138,095,000

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.

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