LSI

LSI Industries Expands Presence In High-Growth Sports Lighting Market

Retrieved on: 
Wednesday, December 16, 2020

As a leading manufacturer of high-performance lighting solutions for sports and recreation facilities, LSI is well-positioned to serve the rapidly growing pickleball market.

Key Points: 
  • As a leading manufacturer of high-performance lighting solutions for sports and recreation facilities, LSI is well-positioned to serve the rapidly growing pickleball market.
  • In addition, the company has an internal team of specialists with expertise in facilitating multi-site lighting projects from start to finish.
  • When customers require one source to manage all of their pickleball lighting needs, LSI is the company that can assemble, and manage, every resource necessary to complete the project.
  • Headquartered in Blue Ash, Ohio (Greater Cincinnati), LSI Industries is a leading producer of high-performance, American-made lighting solutions.

LSI Industries Reports Fiscal First Quarter 2021 Results and Declares Quarterly Cash Dividend

Retrieved on: 
Thursday, October 29, 2020

LSI generated free cash flow of $7.2 million, an increase of 20% versus prior year when excluding cash proceeds from the facility sale.

Key Points: 
  • LSI generated free cash flow of $7.2 million, an increase of 20% versus prior year when excluding cash proceeds from the facility sale.
  • The Company exits the fiscal first quarter with a total cash balance of $9.5 million, and $75 million availability on the Companys credit facility.
  • During the fiscal first quarter, LSI incurred approximately $0.5 million in restructuring and other non-GAAP expenses.
  • Within our Lighting segment, a pandemic-related slowdown exiting the fiscal fourth quarter resulted in a year-over-year decline in sales in the fiscal first quarter.

LSI Industries Inc. Announces First Quarter Fiscal 2021 Results Conference Call Date

Retrieved on: 
Wednesday, October 14, 2020

A replay of the conference call will be available between October 29, 2020 and November 12, 2020.

Key Points: 
  • A replay of the conference call will be available between October 29, 2020 and November 12, 2020.
  • To listen to a replay of the teleconference via webcast, please visit the Investor Relations section of LSI Industries website at www.lsicorp.com .
  • Headquartered in Blue Ash, Ohio (Greater Cincinnati), LSI Industries is a leading producer of high-performance, American-made lighting solutions.
  • For details on the uncertainties that may cause our actual results to be materially different than those expressed in our forward-looking statements, visit https://investors.lsicorp.com as well as our Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q which contain risk factors.

LSI Industries Inc. to Present During H.C. Wainwright & Company’s Virtual Investment Conference

Retrieved on: 
Thursday, September 10, 2020

During the presentation, LSI will discuss its growth strategy, which includes vertical market expansion, an additional focus on end-customers, expanding its existing services business, and inorganic growth.

Key Points: 
  • During the presentation, LSI will discuss its growth strategy, which includes vertical market expansion, an additional focus on end-customers, expanding its existing services business, and inorganic growth.
  • In addition to the presentation, Mr. Clark and Mr. Galeese will meet virtually with investors during a series of one-on-one breakout meetings.
  • Headquartered in Blue Ash, Ohio (Greater Cincinnati), LSI Industries is a leading producer of high-performance, American-made lighting solutions.
  • The Companys strength in outdoor lighting applications creates opportunities for it to introduce additional solutions to its valued customers.

LSI Releases New Surgical Procedure Volumes Forecasts Factoring COVID-19 Impact on US, France, Germany, Italy, UK and Spain

Retrieved on: 
Friday, April 17, 2020

Leading medtech market research firm Life Science Intelligence (LSI) has been tracking surgical procedure volumes across 37 countries for the last decade.

Key Points: 
  • Leading medtech market research firm Life Science Intelligence (LSI) has been tracking surgical procedure volumes across 37 countries for the last decade.
  • The firm is seeing massive shifts in volumes occurring as a result of the Coronavirus pandemic.
  • As a result, the company has released new forecasts for the US and Big-5 Europe in its new COVID-19 Impact Tracker Platform .
  • According to LSI CEO Scott Pantel, This new tool was launched to support medical device & diagnostic executives as they navigate these challenging times.

LSI INDUSTRIES COMPLETES SALE OF NORTH CANTON, OHIO FACILITY

Retrieved on: 
Wednesday, March 18, 2020

CINCINNATI, March 18, 2020 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ: LYTS, LSI or the Company) a leading U.S. based manufacturer of indoor/outdoor lighting and graphics solutions, today announced that the Company has completed the sale of its North Canton, Ohio manufacturing facility.

Key Points: 
  • CINCINNATI, March 18, 2020 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ: LYTS, LSI or the Company) a leading U.S. based manufacturer of indoor/outdoor lighting and graphics solutions, today announced that the Company has completed the sale of its North Canton, Ohio manufacturing facility.
  • LSI has received $7.6 million in net proceeds from the sale of the North Canton facility.
  • The sale of the North Canton facility represents another important step toward further maximizing the systemic efficiency of our supply chain and asset base.
  • Headquartered in Blue Ash, Ohio (Greater Cincinnati), LSI Industries is a leading producer of lighting, graphics and technology solutions.

Linguistic Systems Achieves ISO 18587 Certification for the Quality of its Ai Translate by LSI™ Machine Translation Post-Editing Process

Retrieved on: 
Thursday, November 14, 2019

BOSTON, Nov. 14, 2019 /PRNewswire-PRWeb/ --Linguistic Systems, Inc. (LSI) announces that it has achieved ISO 18587 certification for the quality of its Ai Translate by LSI machine translation post-editing process.

Key Points: 
  • BOSTON, Nov. 14, 2019 /PRNewswire-PRWeb/ --Linguistic Systems, Inc. (LSI) announces that it has achieved ISO 18587 certification for the quality of its Ai Translate by LSI machine translation post-editing process.
  • The certification applies to the quality of the human post-editing process and output for Ai Translate by LSI Statistical Machine Translation (SMT) as well as Ai-based Neural Machine Translation (NMT).
  • Machine translation plus human post-editing (certified by the ISO 18587 standard) is often 30-50% less than full human translation.
  • Linguistic Systems, Inc. "LSI" ( http://www.linguist.com ) is a Boston-based premier translation services company founded by Martin Roberts, Linguistic Systems CEO, in 1967.

LSI Industries Marks Collaborative Achievement in Mexico

Retrieved on: 
Tuesday, October 22, 2019

The installations in Mexico reflect LSIs focused business strategy, the dedication of our employees and our commitment to serving our valued customers, said Jim Clark, President and CEO of LSI Industries.

Key Points: 
  • The installations in Mexico reflect LSIs focused business strategy, the dedication of our employees and our commitment to serving our valued customers, said Jim Clark, President and CEO of LSI Industries.
  • We congratulate all of our employees on this achievement, and thank our great customers for their confidence in LSI.
  • According to Roberto Daz de Len, President of Onexpo, the largest fuel retailer association in Mexico, LSI brings unparalleled experience and extensive resources to the gasoline station image conversions underway in Mexico.
  • LSI re-imaged this customers facility in Mexico with lighting and graphics solutions.

LSI Industries Completes Sale of New Windsor Facility

Retrieved on: 
Tuesday, September 24, 2019

--LSI Receives $12 million in Net Sale Proceeds to Reduce Debt, Support Organic Growth

Key Points: 
  • --LSI Receives $12 million in Net Sale Proceeds to Reduce Debt, Support Organic Growth
    CINCINNATI, Sept. 24, 2019 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ: LYTS, LSI or the Company) a leading U.S. based manufacturer of indoor/outdoor lighting and graphics solutions, today announced that the Company has completed the sale of its New Windsor, New York manufacturing facility.
  • As previously disclosed, the closure and sale of the New Windsor facility follows a strategic decision to transition production operations to the Companys existing facilities in Ohio and Kentucky.
  • LSI has received $12 million in net proceeds from the sale of the New Windsor facility.
  • The sale of the New Windsor facility is an important milestone for LSI, one that further streamlines our manufacturing footprint, while reducing net leverage within the business, stated Jim Clark, CEO of LSI Industries.

LSI Industries Inc. Announces Fourth Quarter Fiscal 2019 Results Conference Call Date

Retrieved on: 
Thursday, August 1, 2019

CINCINNATI, Aug. 01, 2019 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ: LYTS, or the Company) a leading U.S. based manufacturer of indoor/outdoor lighting and graphics solutions, today announced that it will release fourth quarter fiscal 2019 results before the market opens on Thursday, August 22, 2019.

Key Points: 
  • CINCINNATI, Aug. 01, 2019 (GLOBE NEWSWIRE) -- LSI Industries Inc. (NASDAQ: LYTS, or the Company) a leading U.S. based manufacturer of indoor/outdoor lighting and graphics solutions, today announced that it will release fourth quarter fiscal 2019 results before the market opens on Thursday, August 22, 2019.
  • ET to review the Companys financial results, discuss recent events and conduct a question-and-answer session.
  • A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of LSI Industries website at www.lsi-industries.com.
  • LSI Industries Inc. is a U.S.-based manufacturer of lighting, graphics and technology solutions for both indoor and outdoor applications.