LSI | Jotup

LSI Industries to Attend the H.C. Wainwright 25th Annual Global Investment Conference

Retrieved on:

Wednesday, August 30, 2023

Architecture, Other Construction & Property, Residential Building & Real Estate, Manufacturing, Commercial Building & Real Estate, Construction & Property, Other Manufacturing, Lotte New York Palace Hotel, Conference, LSI, Cryptocurrency, Financial adviser

LSI Industries Inc. (Nasdaq: LYTS, or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that Chief Executive Officer James Clark and Chief Financial Officer James Galeese will attend the H.C. Wainwright 25th Annual Global Investment Conference at the Lotte New York Palace Hotel in New York City on Monday, September 11, 2023.

Key Points:

LSI Industries Inc. (Nasdaq: LYTS, or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that Chief Executive Officer James Clark and Chief Financial Officer James Galeese will attend the H.C. Wainwright 25th Annual Global Investment Conference at the Lotte New York Palace Hotel in New York City on Monday, September 11, 2023.
In conjunction with the event, LSI executives will be available to participate in one-on-one meetings with investors registered to attend the conference.
For more information, please contact your H.C. Wainwright representative.

LSI Industries Reports Fiscal 2023 Fourth Quarter and Full-Year Results and Declares Quarterly Cash Dividend

Retrieved on:

Thursday, August 17, 2023

LSI Industries Inc. (Nasdaq: LYTS, “LSI” or the “Company”) a leading U.S. based manufacturer of commercial lighting and display solutions, today reported financial results for its fiscal 2023 fourth quarter and full year ended June 30, 2023.

Key Points:

LSI Industries Inc. (Nasdaq: LYTS, “LSI” or the “Company”) a leading U.S. based manufacturer of commercial lighting and display solutions, today reported financial results for its fiscal 2023 fourth quarter and full year ended June 30, 2023.
Free cash flow increased to $15.6 million in the fiscal fourth quarter, with free cash flow conversion exceeding 100% in the period.
Free cash flow for the fiscal year was $46.4 million, with the fourth quarter the highest cash generative quarter of the fiscal year.
“Our solid fourth quarter performance completes a successful fiscal 2023 for LSI.

LSI Industries Announces Fiscal 2023 Fourth Quarter and Full-year Results Conference Call Date

Retrieved on:

Thursday, August 10, 2023

Manufacturing, Other Manufacturing, Other Construction & Property, Commercial Building & Real Estate, Construction & Property, LSI

LSI Industries, Inc. (Nasdaq: LYTS, “LSI” or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that it will release fiscal fourth quarter and full-year 2023 results before the market opens on Thursday, August 17, 2023.

Key Points:

LSI Industries, Inc. (Nasdaq: LYTS, “LSI” or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that it will release fiscal fourth quarter and full-year 2023 results before the market opens on Thursday, August 17, 2023.
A conference call will be held that same day at 11:00 a.m.
A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of LSI Industries’ website at www.lsicorp.com .
Details of the conference call are as follows:
To listen to a replay of the teleconference, which subsequently will be available through August 31, 2023:

LSI Industries to Attend the 43rd Annual Canaccord Genuity Growth Conference

Retrieved on:

Wednesday, July 26, 2023

Other Construction & Property, Architecture, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Canaccord Genuity, Conference, LSI, Financial adviser

LSI Industries Inc. (Nasdaq: LYTS, or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that Chief Executive Officer James Clark and Chief Financial Officer James Galeese will attend the 43rd Annual Canaccord Genuity Growth Conference at the InterContinental Boston Hotel on August 9-10, 2023.

Key Points:

LSI Industries Inc. (Nasdaq: LYTS, or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that Chief Executive Officer James Clark and Chief Financial Officer James Galeese will attend the 43rd Annual Canaccord Genuity Growth Conference at the InterContinental Boston Hotel on August 9-10, 2023.
In conjunction with the event, LSI executives will be available to participate in one-on-one meetings with investors registered to attend the conference.
For more information, please contact your Canaccord Genuity representative.

EQS-News: Tillotts Pharma and TVM Capital Life Science Announce Formation of Mage Biologics to Develop Innovative Oral Antibody Therapy for Ulcerative Colitis

Retrieved on:

Thursday, July 20, 2023

TVM, PFC, Bureau of Oceans and International Environmental and Scientific Affairs, Clinical trial, General partnership, Inflammation, Ulcerative colitis, Investment, Patient, LSI, Mab, CFO, Therapy, Pharmaceutical industry, Vaccine, Wes Tillott

Mage Bio is the 10th early-stage or project-focused company (PFC) investment for TVM LSI II.

Key Points:

Mage Bio is the 10th early-stage or project-focused company (PFC) investment for TVM LSI II.
Mage Biologics plans to advance to clinical proof of concept a novel, orally administered, humanized monoclonal antibody (mAb) bioengineered for optimal potency and tissue penetration.
Thomas A. Tóth von Kiskér, CEO and Board Director of Tillotts, commented: "We are excited to team up with TVM Capital Life Science to advance this oral antibody in ulcerative colitis, a lifelong disease profoundly impacting the patients’ quality of life.
The collaboration with TVM underpins Tillotts’ leading role in developing and commercializing innovative products in the gastrointestinal field.”
"TVM Capital Life Science is proud to have enabled the creation of Mage Biologics.

Tillotts Pharma and TVM Capital Life Science Announce Formation of Mage Biologics to Develop Innovative Oral Antibody Therapy for Ulcerative Colitis

Retrieved on:

Thursday, July 20, 2023

MONTREAL and MUNICH, Germany and RHEINFELDEN, Switzerland, July 20, 2023 (GLOBE NEWSWIRE) -- TVM Capital Life Science (“TVM”), a leading international venture capital firm focused on investments in life sciences innovation, together with specialty pharma company, Tillotts Pharma (“Tillotts”), today announced that the companies will jointly invest up to USD 28 million in the newly formed U.S.-based biotechnology company, Mage Biologics Inc. (“Mage Bio”). TVM will invest with its fund TVM Life Science Innovation II SCSp (“TVM LSI II”) and will provide strategic advice to Mage Bio, with Dr. Sascha Berger, General Partner, joining the Board of Directors and Dr. Ivan Shaw, Principal, serving as a Board Observer. Mage Bio is the 10th early-stage or project-focused company (PFC) investment for TVM LSI II.

Key Points:

Mage Bio is the 10th early-stage or project-focused company (PFC) investment for TVM LSI II.
Mage Biologics plans to advance to clinical proof of concept a novel, orally administered, humanized monoclonal antibody (mAb) bioengineered for optimal potency and tissue penetration.
Thomas A. Tóth von Kiskér, CEO and Board Director of Tillotts, commented: "We are excited to team up with TVM Capital Life Science to advance this oral antibody in ulcerative colitis, a lifelong disease profoundly impacting the patients’ quality of life.
The collaboration with TVM underpins Tillotts’ leading role in developing and commercializing innovative products in the gastrointestinal field.”
"TVM Capital Life Science is proud to have enabled the creation of Mage Biologics.

Life Storage Mourns the Sudden Passing of Alexander Gress, Chief Financial Officer

Retrieved on:

Tuesday, July 11, 2023

Life Storage, Inc. (NYSE: LSI) (“the Company”), a self-storage real estate investment trust (REIT), today announced with great sadness that Alexander Gress, the Company’s Chief Financial Officer, passed away unexpectedly on July 9, 2023.

Key Points:

Life Storage, Inc. (NYSE: LSI) (“the Company”), a self-storage real estate investment trust (REIT), today announced with great sadness that Alexander Gress, the Company’s Chief Financial Officer, passed away unexpectedly on July 9, 2023.
“We are shocked by the tragic passing of Alex Gress,” said Joseph Saffire, the Company’s Chief Executive Officer.
The Board has appointed David Dodman, Chief Operating Officer of Life Storage, as Chief Financial Officer, effective immediately.
Prior to joining Life Storage, Mr. Dodman held various corporate strategy, mergers and acquisitions and operational roles at KeyBank, First Niagara Financial Group, Lockheed Martin Corporation, Legg Mason and Stifel Financial.

Life Storage, Inc. Announces Dividend on Common Stock

Retrieved on:

Monday, July 3, 2023

REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, Life Storage, EXR, NYSE, Extra Space Storage, LSI, Holding company, Self storage

The Board of Directors of Life Storage, Inc. (NYSE: LSI) (“the Company”), a self-storage real estate investment trust (REIT), today announced a dividend of $0.90 per share of common stock, as permitted by the terms of the merger agreement the Company entered into with Extra Space Storage Inc. (NYSE: EXR).

Key Points:

The Board of Directors of Life Storage, Inc. (NYSE: LSI) (“the Company”), a self-storage real estate investment trust (REIT), today announced a dividend of $0.90 per share of common stock, as permitted by the terms of the merger agreement the Company entered into with Extra Space Storage Inc. (NYSE: EXR).
The dividend will be paid on July 19, 2023 to Life Storage shareholders of record as of July 13, 2023.
Life Storage continues to expect to complete the transaction with Extra Space Storage by the end of July 2023, subject to the approval of Extra Space Storage and Life Storage shareholders and satisfaction of other customary closing conditions.
Should the merger not close prior to the next quarterly dividend date, as defined by Extra Space Storage’s customary dividend timing, Life Storage would pay a one-time dividend effectively augmenting the total dividend amount consistent with the amount that the Life Storage Board of Directors would have otherwise declared for the whole quarter absent the pending merger agreement.

Wind River and Samsung Team to Advance the Software-Defined Vehicle

Retrieved on:

Monday, June 26, 2023

Wind River® , a global leader in delivering software for mission-critical intelligent systems, today announced a collaboration with Samsung Electronics’ System LSI business, a leader in advanced semiconductor technology.

Key Points:

Wind River® , a global leader in delivering software for mission-critical intelligent systems, today announced a collaboration with Samsung Electronics’ System LSI business, a leader in advanced semiconductor technology.
Their work together will accelerate the software-defined vehicle, including development of high-quality in-vehicle infotainment (IVI) solutions, cabin monitoring, and advanced driver-assistance features.
The automotive industry is evolving toward the software-defined vehicle, in which more features and functions are enabled primarily through software that can be updated quickly and easily.
To help accelerate this evolution, Wind River and Samsung will collaborate to provide customers with Wind River technology on Samsung’s Exynos Auto V920 chipset, a fully integrated software and hardware solution for automotive.

LSI Industries to Join the Russell 3000® Index

Retrieved on:

Monday, June 26, 2023

Interior Design, Architecture, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, FTSE Russell, Russell, LSI, Cryptocurrency

FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

Key Points:

FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
Russell indexes are part of FTSE Russell, a leading global index provider.
“Our addition to the Russell 3000® Index is a testament to the many contributions of our employees and partners who, as one team, remain committed to building an integrated platform of scale within the advanced lighting and display solutions markets.”
For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website .