LSI Industries Inc reports results for the quarter ended June 30 - Earnings Summary
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LSI Industries IncQ) reported adjusted earnings of 34 cents per share for the quarter ended June 30, surpassing last year's 24 cents and analysts' expectations of 23 cents. Revenue increased by 20.2% to $155.07 million, exceeding the forecast of $138.64 million. The company’s reported EPS was 26 cents, with a net income of $8.17 million. LSI shares rose 13.5% this quarter. Analysts maintain a "buy" rating, with a median 12-month price target of $24.00, 19.6% above the last closing price of $19.30.
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