LSI

LSI Industries to Attend the 20th Annual Craig-Hallum Institutional Investor Conference

Retrieved on: 
Tuesday, May 16, 2023

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 20th Annual Craig-Hallum Institutional Investor Conference at the Depot Renaissance Hotel in Minneapolis on May 31, 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 20th Annual Craig-Hallum Institutional Investor Conference at the Depot Renaissance Hotel in Minneapolis on May 31, 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 Craig-Hallum representative.

LSI Industries Reports Fiscal 2023 Third Quarter Results and Declares Quarterly Cash Dividend

Retrieved on: 
Thursday, April 27, 2023

LSI Industries Inc. (NASDAQ: LYTS, “LSI” or the “Company”) a leading U.S. based manufacturer of display solutions and indoor/outdoor lighting, today reported fiscal third quarter financial results for the three months ended March 31, 2023.

Key Points: 
  • LSI Industries Inc. (NASDAQ: LYTS, “LSI” or the “Company”) a leading U.S. based manufacturer of display solutions and indoor/outdoor lighting, today reported fiscal third quarter financial results for the three months ended March 31, 2023.
  • LSI recorded Adjusted EBITDA of $11.2 million for the fiscal third quarter, an increase of 32% versus the prior-year period.
  • The Company generated free cash flow of $11.7 million in the fiscal third quarter, driven by increased profitability and further working capital optimization.
  • The Company declared a regular cash dividend of $0.05 per share payable on May 16, 2023, to shareholders of record on May 8, 2023.

Lifshitz Law PLLC Announces Investigations of GLOP, HSKA, EXR, and LSI

Retrieved on: 
Sunday, April 23, 2023

NEW YORK, April 22, 2023 (GLOBE NEWSWIRE) --

Key Points: 
  • Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the sale of HSKA to Mars, Incorporated for $120.00 per share in cash.
  • Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the merger of EXR and Life Storage, Inc.
  • Lifshitz Law PLLC announces an investigation into possible breach of fiduciary duties in connection with the merger of LSI and Extra Space Storage, Inc.
  • The law firm responsible for this advertisement is Lifshitz Law PLLC, 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780.

THine Unveils Its Advanced Interface Technology “V-by-One® HS plus,” Suitable for Achieving Energy Efficiency of Televisions

Retrieved on: 
Friday, April 21, 2023

“V-by-One® HS plus” technology is suitable for achieving required energy efficiency of televisions and displays, corresponding to today’s requirements of higher resolution and refresh rate.

Key Points: 
  • “V-by-One® HS plus” technology is suitable for achieving required energy efficiency of televisions and displays, corresponding to today’s requirements of higher resolution and refresh rate.
  • THine will start providing “V-by-One® HS plus Standard” to its valuable licensees since June 2023, replacing today’s de facto standard.
  • “V-by-One® HS plus Standard” provided by THine has two modes: 1) “HS plus Mode” with data rate of 8Gbps/lane and 2) “HS Mode” compatible to today’s de facto standard technology, V-by-One® HS.
  • Since “V-by-One® HS plus Standard” has such two modes, current V-by-One® HS will end to be replaced and new users will be supported by “V-by-One® HS plus Standard.” This advanced technology follows V-by-One® HS Standard, including basic protocols, design concept, so that users have little hurdles in switching from V-by-One® HS.

LSI Industries Secures Lighting Order for State-of-the-Art EV Battery Factory

Retrieved on: 
Thursday, April 20, 2023

LSI Industries Inc. (Nasdaq: LYTS), a leading U.S.-based manufacturer of commercial and industrial lighting and display solutions, has been selected as the lighting partner for a new state-of-the-art electric vehicle (EV) battery production facility in Kentucky.

Key Points: 
  • LSI Industries Inc. (Nasdaq: LYTS), a leading U.S.-based manufacturer of commercial and industrial lighting and display solutions, has been selected as the lighting partner for a new state-of-the-art electric vehicle (EV) battery production facility in Kentucky.
  • LSI Industries’ cutting-edge LED lighting solutions will be used to illuminate the factory and office spaces of the multi-billion dollar EV battery complex.
  • James A. Clark, President and CEO of LSI Industries, commented, “LSI Industries is honored to be recognized as a key partner in this project.
  • This partnership with the EV battery production facility is a significant opportunity for LSI Industries to showcase their expertise and further establish themselves as a leading manufacturer of energy-efficient lighting solutions.

LSI Industries Announces Third Quarter Fiscal 2023 Results Conference Call Date

Retrieved on: 
Thursday, April 13, 2023

LSI Industries Inc. (NASDAQ: LYTS, or the “Company”), a leading U.S. based manufacturer of commercial lighting and display solutions, today announced that it will release third quarter fiscal 2023 results before the market opens on Thursday, April 27, 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 it will release third quarter fiscal 2023 results before the market opens on Thursday, April 27, 2023.
  • A conference call will be held that same day at 11:00 a.m.
  • ET to review the Company’s 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.lsicorp.com .

Life Science Incubator Signs MOU with a strategic anchor tenant for its planned Brisbane Co-Working Laboratory Space Project

Retrieved on: 
Thursday, April 6, 2023

- Life Science Incubator plans to build a co-working laboratory space in Brisbane, Australia's flourishing life science hub.

Key Points: 
  • - Life Science Incubator plans to build a co-working laboratory space in Brisbane, Australia's flourishing life science hub.
  • - The two parties will promote each other's facilities and services to their respective tenants, members, and business network.
  • The MOU confirms LSI and GCPM's ("The Parties") commitment and interest in working together for mutual benefit on LSI's proposed co-working laboratory space project in Brisbane, Queensland, Australia (the "Brisbane Project").
  • Information about the Brisbane Project and Brisbane's flourishing life science hub has been posted to SGXNet in the ACROMETA press release dated 31 March 2023.

ACROMETA Signs Sales & Purchase Agreement for Additional 40% of Life Science Incubator

Retrieved on: 
Friday, March 31, 2023

Upon completion of the purchase, the Group will control 70% of LSI, up from the current 30%.

Key Points: 
  • Upon completion of the purchase, the Group will control 70% of LSI, up from the current 30%.
  • The Agreement updates and follows from the Letter of Intent ("LOI") announced to SGXNet on 20 February 2023 for the proposed acquisition of an additional 40% stake in LSI.
  • Mr Levin Lee Keng Weng, ACROMETA Chairman, said, "Brisbane is a booming hub for the Life Sciences sector in Australia.
  • The proposed additional co-working laboratory space in Singapore is to cater for expected growth in demand.

ALERT: The M&A Class Action Firm Continues its Investigation of the Merger – HSKA, MAXR, LSI, OSH

Retrieved on: 
Wednesday, April 5, 2023

Under the terms of the agreement, HSKA shareholders are expected to receive $120.00 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, HSKA shareholders are expected to receive $120.00 in cash per share they own.
  • It is free and there is no cost or obligation to you.
  • Under the terms of the agreement, MAXR shareholders are expected to receive $53.00 in cash per share they own.
  • Under the terms of the agreement, OSH shareholders are expected to receive $39.00 in cash per share they own.

OpenMP® ARB Adds New Member Samsung

Retrieved on: 
Thursday, April 13, 2023

The OpenMP Architecture Review Board (ARB) today announced that Samsung has joined the board.

Key Points: 
  • The OpenMP Architecture Review Board (ARB) today announced that Samsung has joined the board.
  • The OpenMP ARB is a group of leading hardware vendors, software vendors, and research organizations that are creating the standard for the most popular shared-memory parallel programming model in use today.
  • With a strong focus on innovation, Samsung designs and manufactures memory, system LSI, foundry, and LED solutions.
  • “MPI+X is the dominant model for HPC with accelerators and Samsung will leverage OpenMP for X.”
    “We are delighted to welcome Samsung as our newest member,” says Michael Klemm, CEO of the OpenMP ARB , “They are very active in the open source community, and we look forward to their contributions.”