LSI Industries Q3: Strong Growth & Royston Acquisition

LSI Industries Q3 earnings show robust growth, with sales up 14% to $150.5 million, beating last years $135 million. Adjusted earnings per share hit $0.28, and adjusted EBITDA reached $15 million at a 10% margin. The display solutions segment led the charge, with sales up 14% and operating income jumping 64%. The company, under CEO James Clark, has pivoted to integrated solutions across retail verticals, creating deeper customer ties and resilience. Looking ahead, expect low to mid single-digit overall sales growth for Q4, with displays rising mid to high single digits and lighting dipping mid single digits. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d2dfb7b2d4a45e12