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Sep 30, 2021
LSI Q1 2022 Earnings Report
LSI Industries reported strong year-over-year increases in both net sales and profitability driven by organic growth and the JSI Store Fixtures acquisition.
Key Takeaways
LSI Industries reported a net sales increase of 52% to $106.4 million compared to the prior year. Net income increased by 57% to $3.1 million, with adjusted EPS at $0.13. The company capitalized on strong demand and managed supply chain challenges effectively.
Net sales increased by 52% year-over-year, reaching $106.4 million.
Organic net sales increased by 19% compared to the prior year.
Net income increased 57% year-over-year to $3.1 million, with EPS at $0.11 per diluted share.
Adjusted EBITDA increased 59% year-over-year to $7.6 million.
Revenue by Segment
Forward Guidance
The company expects the operating environment to remain challenged over the near-term. They will continue to be proactive, leveraging their diverse supply chain, maintaining strong cost discipline, and allocating resources toward higher-value vertical markets.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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