LSI Industries Reports Mixed Q2 Results, Revenue Surges 35.5%

LSI Industries Inc. reported a mixed performance in Q2. Although profits decreased year-over-year, the company outperformed expectations with adjusted earnings of $0.26 per share compared to an anticipated $0.20. Revenue surged by 35.5%, reflecting strong demand.

Date: 23-01-2025

AI Rating: 6

Earnings Per Share (EPS): LSI Industries Inc. reported an EPS of $0.18, a decrease from $0.20 in the same quarter last year. However, when excluding items, the adjusted EPS rose to $0.26, surpassing analysts' expectations of $0.20.

Revenue Growth: The company experienced a significant revenue increase, climbing 35.5% to reach $147.73 million compared to $109.01 million during the previous year. This growth indicates strong performance and demand within its sector.

Overall, while the decline in GAAP earnings may raise some concerns, the adjusted earnings and notable revenue growth suggest a favorable outlook for investors. The company has shown resilience by not only exceeding earnings expectations but also achieving substantial revenue growth, which is a positive indicator of operational health.

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