LSI Industries, Inc. (LYTS)
NASDAQInformation TechnologyElectrical Equipment & PartsSnapshot 2026-09-04
$20.23+0.60%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologyElectrical Equipment & PartsSnapshot 2026-09-04
QuarterlyIQ Insights · LYTS
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
A guidance track record builds as the company issues and delivers on guidance.
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Drive sustained organic revenue growth in both Lighting and Display Solutions segments through increased vertical market demand and new customer programs.
Stated as a priority in 3 of last 3 quarters. Revenue grew from $132.5 million in 2025-Q3 to $150.5 million in 2026-Q3 (+14% y/y), with Lighting segment up 2% and Display Solutions up 23% in 2026-Q1. Management's trajectory is delivering sustained growth in both segments.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Information Technology names rated strong grew net income 65% of the time over the next year (vs 52% for the rest of the cohort, n=6360).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
“Net sales of $150.5 million, +14% y/y; net sales excluding Royston +9% y/y, capitalizing on increased vertical market demand across Lighting and Display Solutions.”
“We anticipate continued year-over-year revenue growth in our Lighting segment, together with resumption of growth within our Display Solutions segment.”
“Lighting Segment net sales of $60.0 million increased 2% and Display Solutions Segment net sales of $90.5 million increased 23% from last year’s second quarter net sales.”
Complete the acquisition of Royston Group and integrate it to expand market presence and product offerings in retail branding solutions.
Stated as a priority in 3 of last 3 quarters. The Royston acquisition was completed in 2026-Q1 and contributed $6.6 million to net sales in 2026-Q3. Management emphasizes integration to accelerate growth, indicating delivery on this priority.
“Completed the acquisition of Royston Group on March 24, 2026.”
“Acquisition of Royston completed; integration underway to expand solutions and market reach.”
“With the recently completed acquisition of Royston, LSI has built a unique marketing offering... The addition of Royston is expected to accelerate our growth.”
Restore positive operating cash flow and generate free cash flow through volume growth, productivity, and disciplined capital allocation.
Stated as a priority in 3 of last 3 quarters. Management expected a return to positive cash flow in 2026-Q2, supported by $0.676 million cash from operations in 2026-Q1 and $11.8 million free cash flow in 2026-Q3 excluding acquisition costs. The trajectory shows progress toward sustained positive cash flow.
“Total free cash flow, excluding non-recurring acquisition-related items, was $11.8 million in the quarter.”
“LSI expects to return to positive cash flow during the fiscal second quarter.”
“Cash from operating activities was positive at $676,000 in the quarter.”
Prioritize capital allocation toward high return growth initiatives and maintain a balanced return of capital program including regular dividends.
Stated as a priority in 2 of last 3 quarters. The Board declared a $0.05 per share quarterly dividend in 2026-Q3, consistent with management's stated balanced capital allocation approach. This indicates ongoing delivery on disciplined capital returns.
“The Board declared a regular quarterly cash dividend of $0.05 per share payable May 12, 2026.”
“Focus remains on prioritizing capital allocation toward high return growth initiatives and a balanced return on capital program.”
Manage orderly CFO transition with a comprehensive search for successor to ensure continuity in financial leadership.
Newly stated in 2026-Q2. Management announced CFO retirement effective August 31, 2027, and initiated a formal search for successor. This priority is recent with no financial metrics to assess delivery yet.
“CFO James E. Galeese will retire August 31, 2027; search for successor initiated.”
Over the trailing year it converted 1.32x of net income into operating cash flow. Historically, Information Technology names rated neutral grew net income 57% of the time over the next year (vs 52% for the rest of the cohort, n=4162).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity (low R² over the window).
13 material management or governance events in the past 24 months, led by capital-allocation actions. Historically, Information Technology names rated neutral grew net income 60% of the time over the next year (vs 57% for the rest of the cohort, n=3673).
Not investment advice. As of 2026-09-04.