Source-grounded facts extracted from LSI INDUSTRIES INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
LSI INDUSTRIES INC reported fiscal 2026 third quarter ended March 31, 2026 results: revenue $150.5 million, net income $2.1 million, EPS $0.06.
“● Net Sales of $150.5 million, +14% y/y; net sales excluding Royston +9% y/y ● Net Income $2.1 million; Adjusted Net Income $9.6 million, +52% y/y ● Diluted EPS of $0.06; Adjusted Diluted EPS of $0.28”
LSI INDUSTRIES INC incurred credit facility of $350 million with PNC Capital Markets LLC and PNC Bank, National Association at Secured Overnight Financing Rate or a customary base rate, plus an applicable ma maturing March 31, 2031.
“The Credit Agreement provides LSI with a senior secured credit facility (“ Senior Secured Credit Facility ”) pursuant to which the Company will be able to borrow up to $350 million, consisting of a $200 million five-year term loan, and a $150 million revolving credit facility.”
LSI INDUSTRIES INC entered into Credit Agreement with PNC Capital Markets LLC and PNC Bank, National Association valued at $350 million (effective 2026-03-24).
“On March 24, 2026, LSI Industries Inc. (“ LSI ” or the “ Company ”) entered into a Credit Agreement by and among PNC Capital Markets LLC (“ PNC Capital ”) and PNC Bank, National Association, as Administrative Agent, Swingline Loan Lender and Issuing Lender (“ PNC Bank ” and together with PNC Capital, “ PNC ”), the other lenders party thereto and the guarantors party thereto. The Credit Agreement provides LSI with a senior secured credit facility (“ Senior Secured Credit Facility ”) pursuant to which the Company will be able to borrow up to $350 million”
LSI INDUSTRIES INC completed an acquisition involving Royston for $325 million (closed 2026-03-24).
“On March 24, 2026, LSI completed its acquisition of Royston pursuant to the Merger Agreement. At the closing of the transactions contemplated by the Merger Agreement (the “ Closing ”), LSI paid to the stockholders of Royston the aggregate merger consideration of $325 million, subject to a working capital adjustment (the “ Merger Consideration ”), consisting of (i) $320 million in cash and (ii) $5 million in shares of the Company’s common stock, no par value, (the “ LSI Common Stock ”) issued at a price per share of $22.07, the closing price of the LSI Common Stock on February 19, 2026.”
LSI INDUSTRIES INC entered into Underwriting Agreement with Oppenheimer & Co. Inc. valued at $98.1 million net proceeds from 4,600,000 shares at $19.75 per share (effective 2026-02-26).
“On February 26, 2026, LSI Industries Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Oppenheimer & Co. Inc., as representative of the several underwriters named therein (collectively, the “Underwriters”), relating to the offering, issuance and sale of 4,600,000 shares of the Company’s common stock, no par value (the “Shares”).”
LSI INDUSTRIES INC entered into Agreement and Plan of Merger with SRR Holdings, Inc. (Royston) valued at aggregate purchase price of $325 million, subject to a working capital adjustment, with $320 million (effective 2026-02-20).
“On February 20, 2026, LSI Industries Inc. (“ LSI ” or the “ Company ”) entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with SRR Holdings, Inc., a Delaware corporation (“ Royston ”), and Rhino Acquisition Company, Inc., a Delaware corporation and a wholly-owned direct subsidiary of the Company (the “ Merger Sub ”), pursuant to which LSI, through Merger Sub, agreed to merge with and into Royston, with Royston surviving (the “ Merger ”).”
James E. Galeese changed role as Chief Financial Officer at LSI INDUSTRIES INC.
“Effective May 31, 2024, LSI Industries Inc., an Ohio corporation (“ LSI ”), consolidated the roles of Principal Financial Officer and Principal Accounting Officer under LSI’s Chief Financial Officer, James E. Galeese.”
Jeffrey S. Bastian changed role as Chief Accounting Officer at LSI INDUSTRIES INC.
“Also effective May 31, 2024, Jeffrey S. Bastian ceased being LSI’s Chief Accounting Officer, and continues his service as LSI’s Vice President of Accounting.”
LSI INDUSTRIES INC reported fiscal 2024 third quarter ended March 31, 2024 results: revenue $108.2 million, net income $5.4 million, EPS $0.18 per diluted share.
“LSI Industries Inc. (Nasdaq: LYTS, “LSI” or the “Company”) a leading U.S. based manufacturer of commercial lighting and display solutions, today reported financial results for the fiscal 2024 third quarter ended March 31, 2024. FISCAL 2024 THIRD QUARTER RESULTS ● Net Sales of $108.2 million ● Net Income of $5.4 million, or $0.18 per diluted share ● Adjusted Net Income of $6.2 million, or $0.21 per diluted share”
LSI INDUSTRIES INC completed an acquisition involving EMI Industries, LLC (Seller) for $50 million (closed 2024-04-18).
“Purchase Agreement (the “ Purchase Agreement ”) pursuant to which Seller agreed to sell substantially all of its assets to Purchaser for an aggregate cash purchase price of $50 million, subject to a working capital adjustment. Florida-based EMI is a metal and millwork manufacturer of standard and customized fixtures, displays and equipment for the convenience”
LSI INDUSTRIES INC entered into Asset Purchase Agreement with EMI Industries, LLC valued at $50 million (effective 2024-04-18).
“On April 18, 2024, EMI Acquisition Company Inc., an Ohio corporation (“ Purchaser ”), and wholly owned subsidiary of LSI Industries Inc., an Ohio corporation (“ LSI ” or the “ Company ”), EMI Industries, LLC, a Florida limited liability company (“ EMI ” or “ Seller ”), LSI (with respect to Section 7.11’s Parent guaranty provisions) and certain members of Seller made parties thereto (the “ Majority Members ”) entered into an Asset Purchase Agreement (the “ Purchase Agreement ”) pursuant to which Seller agreed to sell substantially all of its assets to Purchaser for an aggregate cash purchase price of $50 million, subject to a working capital adjustment.”
LSI INDUSTRIES INC reported fiscal 2024 second quarter ended December 31, 2023 results: revenue $109.0 million, net income $5.9 million, EPS $0.20 per diluted share.
“LSI reported net income of $5.9 million, or $0.20 per diluted share, on sales of $109.0 million in the second quarter.”
LSI INDUSTRIES INC reported fiscal 2024 first quarter ended September 30, 2023 results: revenue Net Sales $123.4 million, net income Net Income +28% y/y to $8.0 million, or $0.27 per diluted share, EPS $0.27 per diluted share.
“FISCAL 2024 FIRST QUARTER ● Net Income +28% y/y to $8.0 million, or $0.27 per diluted share ● Adjusted Net Income +23% y/y to $8.7 million or $0.29 per diluted share ● Net Sales $123.4 million; Lighting sales steady versus prior year ● EBITDA of $13.4 million; Adjusted EBITDA $15.1 million or 12.2% of sales ● Free Cash Flow $9.2 million ● Ratio of net debt to TTM”
LSI INDUSTRIES INC shareholders approved Advisory vote on the frequency of future advisory votes on executive compensation at the 2023-11-01 meeting.
“Advisory votes on the frequency of future advisory votes on executive compensation to be held every: 1 Year 2 Years 3 Years Abstain 18,817,350 107,006 1,700,048 1,343,218”
LSI INDUSTRIES INC shareholders approved Advisory vote on the Company’s executive compensation as described in the Company’s Proxy Statement at the 2023-11-01 meeting.
“Advisory votes on the Company’s executive compensation as described in the Company’s Proxy Statement. For Against Abstain Broker Non-Votes 21,734,663 167,283 65,676 3,157,101”
LSI INDUSTRIES INC shareholders approved Ratification of the Audit Committee’s appointment of Grant Thornton LLP as LSI’s Independent Registered Public Accounting Firm for fiscal 2024 at the 2023-11-01 meeting.
“Votes regarding the ratification of the Audit Committee’s appointment of Grant Thornton LLP as LSI’s Independent Registered Public Accounting Firm for fiscal 2024. For Against Abstain 23,732,597 1,375,933 16,193”
LSI INDUSTRIES INC shareholders approved Election of seven directors at the 2023-11-01 meeting.
“Name For Withheld Broker Non-Votes Robert P. Beech 18,649,561 3,318,061 3,157,101 Ronald D. Brown 21,258,526 709,096 3,157,101 James A. Clark 21,038,031 929,591 3,157,101 Amy L. Hanson 18,339,735 3,627,887 3,157,101 Chantel E. Lenard 18,998,593 2,969,029 3,157,101 Ernest W. Marshall, Jr. 16,728,210 5,239,412 3,157,101 Wilfred T. O’Gara 20,329,784 1,637,383 3,157,101”
LSI INDUSTRIES INC reported fiscal year ended June 30, 2023 results: revenue $497.0 million, net income $25.8 million, EPS $0.88 per diluted share.
“or 11.4%/sales ● Free Cash Flow +94% y/y to $15.6 million ● Ratio of net debt to TTM Adjusted EBITDA of 0.7x as of June 30, 2023 FISCAL 2023 FULL YEAR ● Net Sales +9% y/y to $497.0 million ● Net Income +71% y/y to $25.8 million, $0.88 per diluted share ● Adjusted Net Income +61%% y/y to $29.0 million, $0.99 per diluted share ● EBITDA of $46.7 million; Adjusted”
LSI INDUSTRIES INC reported fiscal quarter ended June 30, 2023 results: revenue $123.6 million, net income $8.4 million, EPS $0.28 per diluted share.
“lighting and display solutions, today reported financial results for its fiscal 2023 fourth quarter and full year ended June 30, 2023. FISCAL 2023 FOURTH QUARTER ● Net Sales $123.6 million; Lighting sales +5% y/y ● Net Income +63% y/y to $8.4 million, $0.28 per diluted share ● Adjusted Net Income +46% y/y of $8.8 million, $0.30 per diluted share ● EBITDA of”
LSI INDUSTRIES INC reported fiscal third quarter ended March 31, 2023 results: revenue $117.5 million, net income $4.7 million, EPS $0.16.
“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”
LSI INDUSTRIES INC reported Fiscal 2023 Second Quarter ended December 31, 2022 results: revenue $128.8 million, net income $6.4 million, EPS $0.22.
“Net Sales +16% y/y to $128.8 million ● Net Income +107% y/y to $6.4 million; Adjusted Net Income of $7.6 million ● Diluted EPS of $0.22; Adjusted EPS of $0.26”
LSI INDUSTRIES INC shareholders approved Approval of the Company’s Amended and Restated 2019 Omnibus Award Plan to increase the number of shares authorized for issuance thereunder by 2,350,000 and remove the Plan’s fungible share counting feature at the 2022-11-01 meeting.
“(e) Votes regarding the Company’s Amended and Restated 2019 Omnibus Award Plan to increase the number of shares authorized for issuance thereunder by 2,350,000 and remove the Plan’s fungible share counting feature. For Against Abstain Broker Non-Votes 16,961,190 2,116,488 64,415 4,614,048”
LSI INDUSTRIES INC shareholders approved Amendment of the Company’s Articles of Incorporation to increase the number of authorized shares of Common Stock by 10 million shares at the 2022-11-01 meeting.
“(d) Votes regarding the amendment of the Company’s Articles of Incorporation to increase the number of authorized shares of Common Stock by 10 million shares. For Against Abstain 20,151,308 3,554,503 50,330”
LSI INDUSTRIES INC shareholders approved Advisory vote on the Company’s executive compensation as described in the Company’s Proxy Statement at the 2022-11-01 meeting.
“(c) Advisory votes on the Company’s executive compensation as described in the Company’s Proxy Statement. For Against Abstain Broker Non-Votes 18,802,928 238,584 100,581 4,614,048”
LSI INDUSTRIES INC shareholders approved Ratification of the Audit Committee’s appointment of Grant Thornton LLP as LSI’s Independent Registered Public Accounting Firm for fiscal 2023 at the 2022-11-01 meeting.
“(b) Votes regarding the ratification of the Audit Committee’s appointment of Grant Thornton LLP as LSI’s Independent Registered Public Accounting Firm for fiscal 2023. For Against Abstain 22,340,534 1,397,198 18,409”
LSI INDUSTRIES INC shareholders approved Election of seven directors at the 2022-11-01 meeting.
“The Annual Meeting of Shareholders of LSI Industries Inc. (“LSI” or the “Company”) was held on November 1, 2022 at which the following matters were submitted to a vote of shareholders: (a) Votes regarding the election of seven directors. Name For Withheld Broker Non-Votes Robert P. Beech 17,934,515 1,207,578 4,614,048 Ronald D. Brown 18,561,469 580,624 4,614,048 James A. Clark 18,554,256 587,837 4,614,048 Amy L. Hanson 18,183,049 959,044 4,614,048 Chantel E. Lenard 18,413,053 729,040 4,614,048 Ernest W. Marshall, Jr. 19,001,232 140,861 4,614,048 Wilfred T. O’Gara 18,035,364 1,106,729 4,614,048”
LSI INDUSTRIES INC reported fiscal 2023 first quarter results: revenue $127.1 million, net income $6.3 million, EPS $0.22 per diluted share.
“The Company reported fiscal first quarter net sales of $127.1 million, an increase of 19% versus the prior-year period. Reported net income was $6.3 million, or $0.22 per diluted share, versus $3.1 million, or $0.11 per diluted share in the prior-year period.”
Ernest W. Marshall, Jr. was elected as Director at LSI INDUSTRIES INC.
“On August 17, 2022 the Board of Directors of LSI Industries Inc. (“LSI”) elected Ernest W. Marshall, Jr. to the Board effective immediately.”
Michael C. Beck departed as Senior Vice President of Operations at LSI INDUSTRIES INC.
“Michael C. Beck has notified LSI of his intent to retire from the position of Senior Vice President of Operations effective as of July 1, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.