NASDAQ$LYTS

LSI Industries Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

LSI Industries reported strong year-over-year increases in both net sales and profitability driven by organic growth and the JSI Store Fixtures acquisition.

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.

Headline financials

Total Revenue

$106M

Previous: $70M+52.0%
EPS (adj)

$0.13

Previous: $0.08+62.5%
Capital Expenditures

-$297K

Previous: -$405K+26.7%
Free Cash Flow

$2.84M

Previous: $1.59M+78.9%
Net Income

$3.13M

Previous: $1.99M+57.4%
Operating Income

$4.44M

Previous: $2.2M+101.8%
Gross Profit

$24.5M

Previous: $18.3M+34.1%
Cash & Equivalents

$2.57M

Previous: $9.46M-72.8%
Total Assets

$300M

Previous: $182M+64.8%
Stock-Based Comp

$556K

Previous: $505K+10.1%

Revenue & EPS history

LSI · Revenue · Quarterly

$106M

Q1 2022+52%vs Q1 2021
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

LSI · $106M total across 2 segments · Q1 2022

  • Display Solutions
    $55.1M
  • Lighting Segment
    $51.3M

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.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+4.0%

Avg return

Earnings day

+4.9%

Avg return

5 days after

+4.2%

Avg return

30 days after

67%

44 / 66 earnings

Positive

+25.8%

Q4 2023

Best reaction

-14.3%

Q1 2017

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+9.2%+12.5%+12.4%
Q2 2026+14.2%-1.8%-14.8%
Q1 2026-10.0%-17.0%-18.5%
Q3 2025-7.0%-4.0%-1.2%
Q2 2025+25.0%+8.4%-2.6%
Q1 2025+12.1%+14.3%+10.8%
Q4 2024+0.9%-2.8%+3.7%
Q3 2024+1.2%+0.1%+9.5%
Q2 2024+2.4%+1.9%+4.8%
Q1 2024-10.1%-12.3%-10.1%
Q4 2023+25.8%+24.5%+15.0%
Q3 2023+2.3%+6.7%-6.6%
Q2 2023+10.3%+5.2%+11.6%
Q1 2023+15.4%+29.4%+51.8%
Q4 2022+9.9%+11.7%+13.8%
Q3 2022+22.9%+28.2%+15.7%
Q2 2022+22.3%+24.8%+8.3%
Q1 2022-5.5%-4.3%-15.8%
Q4 2021+8.6%+13.8%+5.1%
Q3 2021+5.6%-0.1%-6.2%
Q2 2021+21.5%+17.4%+8.4%
Q1 2021-7.4%-1.4%+11.0%
Q4 2020+6.6%+5.9%+7.9%
Q3 2020+9.1%+15.5%+12.9%
Q2 2020+5.7%+0.8%-8.4%
Q1 2020+6.1%+6.3%+16.7%
Q4 2019+8.6%+8.4%+29.5%
Q3 2019+1.5%+4.9%+9.3%
Q2 2019-12.5%-14.1%-10.6%
Q1 2019+2.9%+0.0%-3.6%
Q4 2018+22.6%+28.3%+17.1%
Q3 2018+5.3%+6.0%+0.0%
Q2 2018+18.3%+21.2%+22.5%
Q1 2018+2.5%+7.1%+4.9%
Q4 2017+6.0%-23.5%-25.5%
Q3 2017-5.1%-6.2%-8.7%
Q2 2017+8.7%+3.3%+10.6%
Q1 2017-14.3%-18.2%-4.1%
Q4 2016-10.7%-10.9%-11.9%
Q3 2016-4.6%
Q2 2016+9.6%
Q1 2016+15.7%
Q4 2015+2.9%
Q3 2015+3.2%
Q2 2015+9.1%
Q1 2015+2.0%
Q4 2014-1.3%
Q3 2014-4.0%
Q2 2014-8.5%
Q1 2014+4.7%
Q4 2013-0.7%
Q3 2013+1.9%
Q2 2013-0.6%
Q1 2013-5.8%
Q4 2009-5.2%
Q4 2008-5.2%
Q4 2010-5.2%
Q4 2012-3.5%
Q3 2011-6.3%
Q3 2012-6.3%
Q2 2011+3.9%
Q2 2012+3.9%
Q4 2011+8.6%
Q1 2011+8.6%
Q1 2012+8.6%
Q3 2010+5.5%

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