LSI Industries reports Q3 adjusted EPS 20c, consensus 21c

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.