Reports Q3 revenue $132.48M, consensus $129.72M. “Our Company delivered solid fiscal third quarter results, achieving sales growth of 22%, while successfully managing a period of significant variability in customer project schedules and demand levels,” stated James Clark, president, and CEO of LSI. “The calendar year first quarter is always choppy as customers finalize their store build and renovation capital budget plans for the year, but this year has been more unsettling than most for a number of reasons,” continued Clark.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LYTS:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue