NASDAQ$LYTS

LSI Industries Inc · Q4 2024 earnings

Q4 2024 earnings · · Investor relations

Briefing

LSI Industries reported its Q4 2024 earnings, demonstrating solid execution on its vertical market strategy with emphasis on higher-value, fully integrated solutions.

LSI Industries reported a 4% increase in net sales to $129.0 million for the quarter, including $18.1 million contribution from the acquisition of EMI Industries. Net income was $5.7 million, including $1.0 million of acquisition-related expenses, while adjusted net income reached $7.3 million, or $0.24 per diluted share. The company generated $10.3 million in free cash flow and completed the acquisition of EMI Industries for $50 million in cash.

  • Net sales increased by 4% to $129.0 million compared to the prior year.
  • Net income was $5.7 million, including $1.0 million in acquisition-related expenses.
  • Adjusted net income was $7.3 million, or $0.24 per diluted share.
  • Free cash flow generation amounted to $10.3 million.

Headline financials

Total Revenue

$129M

Previous: $124M+4.3%
EPS (adj)

$0.24

Previous: $0.30-20.0%
Capital Expenditures

$762K

Previous: $1.45M-47.6%
Net Income

$5.7M

Previous: $8.4M-32.1%
Operating Income

$8.4M

Previous: $7.14M+17.6%
Gross Profit

$33.8M

Previous: $35.9M-5.7%
Stock-Based Comp

$853K

Previous: $1.39M-38.6%

Revenue & EPS history

LSI · Revenue · Quarterly

$129M

Q4 2024+4.3%vs Q4 2023
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Revenue by segment

LSI · $124M total across 2 segments · Q4 2023

  • Lighting Segment
    $71.4M+5.3%
  • Display Solutions
    $52.3M-12.8%

Forward guidance

LSI expects another year of profitable growth in fiscal 2025, with growth expected to resume within the grocery vertical and a strong display solutions backlog for the refueling/c-store market.

Tailwinds

  • Underlying demand fundamentals for key markets remain healthy.
  • Growth is expected to resume within the grocery vertical over the coming year.
  • Display solutions backlog for the refueling/c-store market is strong entering fiscal 2025.
  • Recent acquisition of EMI provides an even broader array of complementary products and solutions.
  • Ability to serve the full project lifecycle provides meaningful opportunity to capture value across each phase of the project continuum.

Headwinds

  • Not enough information to provide 5 negative bullet points

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 Q4 2024

Historical avgQ4 2024

+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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