Associated tags: Headquarters, LSI, Manufacturing, Other Manufacturing, Construction & Property, Commercial Building & Real Estate, Building Systems, Retail
Locations: PUERTO RICO, KENTUCKY, INDIANA, NEW YORK CITY, MEXICO, JAMAICA, UNITED STATES, NORTH AMERICA, OHIO
LSI Industries Inc. (NASDAQ: LYTS, or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced an inducement grant in accordance with NASDAQ Listing Rule 5635(c)(4) to Mark Duato, Senior Vice President of Security Solutions, effective April 29, 2024.
Key Points:
- LSI Industries Inc. (NASDAQ: LYTS, or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced an inducement grant in accordance with NASDAQ Listing Rule 5635(c)(4) to Mark Duato, Senior Vice President of Security Solutions, effective April 29, 2024.
- Mr. Duato was granted an inducement stock option to purchase up to 25,000 shares of the Company’s common stock.
- The award was approved in connection with the commencement of his employment with the Company on April 29, 2024 and has a ten-year term.
- The option is exercisable at a price of $15.01 per share (the closing price on April 29, 2024).
Other Manufacturing,
Commercial Building & Real Estate,
Technology,
Construction & Property,
Manufacturing,
Building Systems,
Audio,
Video,
Machine Tools, Metalworking & Metallurgy,
Other Construction & Property,
LSI,
School,
University,
EMI,
Acquisition,
QSR,
Adjustment,
Growth,
Retail 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.
Key Points:
- 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.
- On a trailing twelve-month basis through the end of the third quarter 2024, LSI generated free cash flow of $43.3 million, including $11.2 million in the third quarter alone.
- On April 18, 2024, subsequent to the fiscal third quarter reporting period, LSI announced the acquisition of privately held EMI Industries (“EMI”) for an all-cash purchase price of $50 million.
- EMI financial results will be consolidated in LSI financial results beginning with the fiscal 2024 fourth quarter, reflecting a partial quarter impact.
Restaurant,
Bar,
Consumer Electronics,
Technology,
Convenience Store,
Residential Building & Real Estate,
Commercial Building & Real Estate,
Other Manufacturing,
Construction & Property,
Retail,
Building Systems,
Interior Design,
Home Goods,
Manufacturing,
Fast forward,
Sale,
LSI,
Growth,
EMI,
Acquisition,
QSR,
Adjustment Florida-based EMI is an award-winning metal and millwork manufacturer of standard and customized fixtures, displays, and food equipment for the convenience store, grocery, and restaurant industries.
Key Points:
- Florida-based EMI is an award-winning metal and millwork manufacturer of standard and customized fixtures, displays, and food equipment for the convenience store, grocery, and restaurant industries.
- “LSI continues to build the premier commercial lighting and retail display solutions business in North America,” stated James A. Clark, President and Chief Executive Officer.
- “The addition of EMI serves to broaden our product and services capabilities within retail fixtures, displays and food equipment.
- Following the successful acquisition of JSI Store Fixtures in 2021, EMI significantly expands LSI’s presence in the grocery, convenience store and QSR/restaurant verticals.
Home Goods,
Commercial Building & Real Estate,
Construction & Property,
Other Manufacturing,
Interior Design,
Manufacturing,
Retail,
Residential Building & Real Estate,
Senior,
Employment,
Pharmaceutical industry LSI Industries Inc. (NASDAQ: LYTS, or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced an inducement grant in accordance with NASDAQ Listing Rule 5635(c)(4) to Michael Romano, Senior Vice President of Procurement and Logistics, effective April 15, 2024.
Key Points:
- LSI Industries Inc. (NASDAQ: LYTS, or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced an inducement grant in accordance with NASDAQ Listing Rule 5635(c)(4) to Michael Romano, Senior Vice President of Procurement and Logistics, effective April 15, 2024.
- Mr. Romano was granted an inducement stock option to purchase up to 10,000 shares of the Company’s common stock.
- The award was approved in connection with the commencement of his employment with the Company on April 15, 2024 and has a ten-year term.
- The option is exercisable at a price of $14.17 per share (the closing price on April 15, 2024).
Retrieved on:
Wednesday, April 10, 2024
Other Manufacturing,
Commercial Building & Real Estate,
Technology,
Construction & Property,
Other Communications,
Other Technology,
Communications,
Manufacturing,
Audio,
Video,
Residential Building & Real Estate,
LSI LSI Industries, Inc. (Nasdaq: LYTS, “LSI” or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that it will issue fiscal 2024 third quarter results before the market opens on Thursday, April 25, 2024.
Key Points:
- LSI Industries, Inc. (Nasdaq: LYTS, “LSI” or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that it will issue fiscal 2024 third quarter results before the market opens on Thursday, April 25, 2024.
- A conference call will be held that same day at 11:00 a.m.
- A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of LSI Industries’ website at www.lsicorp.com .
- Details of the conference call are as follows:
To listen to a replay of the teleconference, which subsequently will be available through May 9, 2024:
LSI Industries Inc. (NASDAQ: LYTS, or the “Company”) a leading U.S. based manufacturer of commercial lighting and display solutions, today announced an inducement grant in accordance with NASDAQ Listing Rule 5635(c)(4) to Kevin Kilkelly, President, Atlas Lighting Products, Inc., effective March 1, 2024.
Key Points:
- LSI Industries Inc. (NASDAQ: LYTS, or the “Company”) a leading U.S. based manufacturer of commercial lighting and display solutions, today announced an inducement grant in accordance with NASDAQ Listing Rule 5635(c)(4) to Kevin Kilkelly, President, Atlas Lighting Products, Inc., effective March 1, 2024.
- The awards were granted by the Company’s Compensation Committee.
- Mr. Kilkelly was granted an inducement stock option to purchase up to 30,000 shares of the Company’s common stock.
- The option is exercisable at a price of $14.41 per share (the closing price on March 1, 2024).
Retrieved on:
Tuesday, February 27, 2024
Other Retail,
Manufacturing,
Supermarket,
HVAC,
Food,
Beverage,
Other Manufacturing,
Green Technology,
Retail,
Environment,
Machinery,
Sustainability,
HFC,
JSI,
LSI,
Multimedia,
Hydrofluorocarbon,
Research,
SNAP,
Chlorofluorocarbon,
GWP,
Renewable energy JSI Store Fixtures, an LSI Industries Inc. company (Nasdaq: LYTS), shipped its first order of refrigerated retail displays featuring environmentally friendly R290 refrigerant this month.
Key Points:
- JSI Store Fixtures, an LSI Industries Inc. company (Nasdaq: LYTS), shipped its first order of refrigerated retail displays featuring environmentally friendly R290 refrigerant this month.
- JSI was well positioned to implement this new method in its store fixtures and to provide customers with an exciting, innovative, and environmentally sound solution to improve the environment.
- JSI is committed to transitioning away from CFCs, HCFCs and HFCs to more environmentally friendly natural refrigerants such as R290 propane.
- JSI established a new manufacturing site for research and development of next generation, environmentally friendly products to continue innovating industry-leading solutions.
Retrieved on:
Thursday, January 25, 2024
Interior Design,
Engineering,
Manufacturing,
Commercial Building & Real Estate,
Construction & Property,
Other Manufacturing,
JSI,
Accounting,
Lighting,
Refrigeration,
Grocery store,
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TTM,
LSI,
Environment,
Sale,
Investment,
Acceleration,
QSR,
FTC,
Retail 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 second quarter ended December 31, 2023.
Key Points:
- 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 second quarter ended December 31, 2023.
- The Company generated free cash flow of $7.3 million in the second quarter, or nearly $44.0 million on a trailing twelve-month basis.
- At the end of the second quarter, LSI had cash and availability on its credit facility totaling $103 million.
- The Company declared a regular cash dividend of $0.05 per share payable on February 13, 2024, to shareholders of record on February 5, 2024.
Retrieved on:
Wednesday, January 10, 2024
Other Manufacturing,
Commercial Building & Real Estate,
Technology,
Construction & Property,
Other Communications,
Other Technology,
Communications,
Manufacturing,
Audio,
Video,
Residential Building & Real Estate,
LSI LSI Industries, Inc. (Nasdaq: LYTS, “LSI” or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that it will issue fiscal 2024 second quarter results before the market opens on Thursday, January 25, 2024.
Key Points:
- LSI Industries, Inc. (Nasdaq: LYTS, “LSI” or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that it will issue fiscal 2024 second quarter results before the market opens on Thursday, January 25, 2024.
- A conference call will be held that same day at 11:00 a.m.
- A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of LSI Industries’ website at www.lsicorp.com .
- Details of the conference call are as follows:
To listen to a replay of the teleconference, which subsequently will be available through February 8, 2024:
Retrieved on:
Thursday, November 9, 2023
Other Manufacturing,
Technology,
Construction & Property,
Other Communications,
Other Technology,
Communications,
Manufacturing,
Building Systems,
Audio,
Video,
LSI,
Conference,
Fireworks,
Financial adviser LSI Industries Inc. (Nasdaq: LYTS, or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that Chief Executive Officer James Clark and Chief Financial Officer James Galeese will attend the 14th Annual Craig-Hallum Alpha Select Conference at the Sheraton Times Square Hotel in New York City on Thursday, November 16, 2023.
Key Points:
- LSI Industries Inc. (Nasdaq: LYTS, or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that Chief Executive Officer James Clark and Chief Financial Officer James Galeese will attend the 14th Annual Craig-Hallum Alpha Select Conference at the Sheraton Times Square Hotel in New York City on Thursday, November 16, 2023.
- In conjunction with the event, LSI executives will be available to participate in one-on-one meetings with investors registered to attend the conference.
- For more information, please contact your Craig-Hallum representative.
