2012 Financial Releases

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12/04/12LSI Industries Inc. Declares Regular and Special Cash Dividends Payable In 2012
CINCINNATI, Dec. 4, 2012 (GLOBE NEWSWIRE) -- LSI Industries Inc. (Nasdaq:LYTS) announced that its Board of Directors today took two cash dividend actions. First, the Board declared an accelerated cash dividend of $0.06 per share payable on December 24, 2012 to shareholders of record on December 17, 2012. The declaration and payment of this cash dividend is in lieu of the regular quarterly cash dividend that would have normally been paid in February 2013. Second, the Board declared a one-time spe... 
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11/19/12LSI Industries Inc. Signs Contract for a Leading Grocery Chain Graphics Re-Image Program
CINCINNATI, Nov. 19, 2012 (GLOBE NEWSWIRE) -- LSI Industries Inc. (Nasdaq:LYTS) today: announced that it has been selected to supply and install graphics products at over 700 stores for one of the nation's leading grocery chains as part a re-imaging initiative. The contract is valued at approximately $5.5 million, and the installation is expected to be completed during LSI's fiscal 2013 third quarter. It is expected that all revenue will be recorded during LSI's fiscal third quarter. LSI will ut... 
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10/25/12LSI Industries Inc. Reports Operating Results for the First Quarter Ended September 30, 2012, and Declares Regular Quarterly Cash Dividend
CINCINNATI, Oct. 25, 2012 (GLOBE NEWSWIRE) -- LSI Industries Inc. (Nasdaq:LYTS) today: reported first quarter net sales of $74,719,000, an increase of 14% as compared to $65,495,000 in the same period of the prior fiscal year;   reported first quarter net income of $1,830,000 or $0.08 per share, increases of 38% and 60%, respectively, as compared to $1,324,000 or $0.05 per share for the same period of the prior fiscal year; and   declared a regular quarterly cash dividend of $0.... 
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10/24/12LSI Industries Inc. to Present at 7th Annual Singular Research Conference
CINCINNATI, Oct. 24, 2012 (GLOBE NEWSWIRE) -- LSI Industries Inc. (Nasdaq:LYTS) today announced that it will be presenting at the Singular Research seventh annual "Best of the Uncovereds" Conference on Thursday, November 1st in Los Angeles. Robert J. Ready (Chairman and Chief Executive Officer) and Ronald S. Stowell (Vice President, Chief Financial Officer and Treasurer) of the LSI Industries are scheduled to present at 1:00 p.m. Eastern (10:00 a.m. Pacific). During the remainder of th... 
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08/16/12LSI Industries Inc. Reports Operating Results for the Fourth Quarter and Year Ended June 30, 2012, and Declares Regular Quarterly Cash Dividend
CINCINNATI, Aug. 16, 2012 (GLOBE NEWSWIRE) -- LSI Industries Inc. (Nasdaq:LYTS) today: reported fourth quarter net sales of $71,196,000, a decrease of 4% as compared to $74,217,000 in the same period of the prior fiscal year; reported fourth quarter net income of $1,505,000 or $0.06 per share as compared to $1,497,000 or $0.06 per share for the same period of the prior fiscal year; reported fiscal 2012 net sales of $268,402,000, a decrease of 9% as compared to $293,501,000 in fiscal 2011; ... 
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07/05/12LSI Industries Inc. Chosen To Supply New Video Display Board for Vermont Lake Monsters
CINCINNATI, July 5, 2012 (GLOBE NEWSWIRE) -- LSI Industries Inc. (Nasdaq:LYTS) today announced that it was chosen to take part in the recent upgrade at Centennial Field, in Burlington, Vermont. As home to the Lake Monsters, the 5,000-seat historic facility and ballpark have undergone significant changes to make the venue more energy-efficient, effective and inviting to fans and players. One of the key changes to Centennial Field is the new LED SMARTVISION® sports video board. Partnering with To... 
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05/23/12LSI Industries Inc. Chosen by University of Arkansas to Provide New Video Displays
CINCINNATI, May 23, 2012 (GLOBE NEWSWIRE) -- LSI Industries Inc. (Nasdaq:LYTS) announced that it is partnering with The University of Arkansas athletic department to provide a new video display to the north end zone scoreboard inside Donald W. Reynolds Razorback Stadium. Built upon LSI's SMARTVISION® LED technology, the 16mm video display will be one of the largest in college football, replacing the current board which LSI provided 12 years ago. Measuring at nearly 38' x 167', nearly doubling t... 
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04/26/12LSI Industries Inc. Reports Operating Results for the Third Quarter and Nine Months Ended March 31, 2012, and Declares Regular Quarterly Cash Dividend
CINCINNATI, Apr 26, 2012 (GlobeNewswire via COMTEX) --LSI Industries Inc. (Nasdaq:LYTS) today: reported third quarter net sales of $62,937,000, a decrease of 3% as compared to $64,628,000 in the same period of the prior fiscal year; reported a third quarter net loss of $(377,000) or $(0.02) per share as compared to net income of $2,115,000 or $0.09 per share for the same period of the prior fiscal year; reported nine month net sales of $197,206,000, a decrease of 10% a... 
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03/19/12LSI Industries Inc. Announces Acquisition of Virticus Corporation
CINCINNATI, March 19, 2012 (GLOBE NEWSWIRE) -- LSI Industries Inc. (Nasdaq:LYTS) today announced that it has entered into a definitive agreement to acquire Virticus Corporation, located in Beaverton, Oregon. Consideration for the purchase of all of the issued and outstanding capital stock of Virticus consisted of $3.15 million in cash and a contingent payment opportunity (earn-out) of $5.0 million. The balance sheet of Virticus was debt free. The management of Virticus has entered into long... 
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03/14/12LSI Industries Inc. Chosen by Asbury Automotive Group to Supply LED Site Lighting
CINCINNATI, March 14, 2012 (GLOBE NEWSWIRE) -- LSI Industries Inc. (Nasdaq:LYTS) today announced that it has entered into an agreement with Asbury Automotive Group Inc., the 6th largest automotive retailer in the country, to supply its LED site lighting in both new and existing facilities. Headquartered in Duluth, GA, Asbury operates 79 retail stores across the United States. Adopting LSI's LED technology is a strategic part of Asbury's green initiatives and LEED program. "By selecting LSI's... 
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01/26/12LSI Industries Inc. Reports Operating Results for the Second Quarter and Six Months Ended December 31, 2011, and Declares Regular Quarterly Cash Dividend
CINCINNATI, Jan. 26, 2012 (GLOBE NEWSWIRE) -- LSI Industries Inc. (Nasdaq:LYTS) today: reported second quarter net sales of $68,774,000, a decrease of 8% as compared to $74,805,000 in the same period of the prior fiscal year; reported second quarter net income of $772,000 or $0.03 per share, as compared to net income of $2,948,000 or $0.12 per share for the same period of the prior fiscal year; reported first half net sales of $134,269,000, a decrease of 13% as compared ... 
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