21.08.2014 18:44:46
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LSI Industries Slips To Loss In Q4
(RTTNews) - LSI Industries Inc. (LYTS) posted fourth-quarter net loss of $796 thousand or $0.03 per share, compared to net income of $812 thousand or $0.03 per share in the comparable quarter last year.
Analysts polled by Thomson Reuters expected the company to earn $0.03 per share.
Operating loss for the quarter was $1.1 million, compared to operating income of $818 thousand in the year-ago period.
Net sales for the latest fourth quarter rose 7% to $73.86 million from $68.84 million in the prior year period.
Further, the Board of Directors declared a regular quarterly cash dividend of $0.06 per share payable September 9, 2014 to shareholders of record as of September 2, 2014.
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LSI Industries Inc. | 18,60 | 1,09% |