LSI Industries Reports 36% Revenue Growth to $147.7M in Q2

LSI Industries (NASDAQ:LYTS) reported strong Q2 fiscal 2025 results, with revenues of $147.7 million, reflecting a 36% increase year-over-year, and surpassing Wall Street expectations by 14.3%. The company achieved a 14% organic sales growth, driven by robust demand in key sectors such as refueling and grocery markets, alongside contributions from the recent EMI acquisition. While earnings per share were slightly below estimates at $0.18, LSI's profitability metrics showed long-term improvement, including a notable increase in adjusted EBITDA. The positive financial performance led to a 10.9% stock price rise following the announcement, demonstrating investor confidence. Looking forward, management anticipates continued growth supported by strong order rates and a growing backlog, bolstered by a strategic focus on both organic and inorganic growth. LSI also declared a quarterly cash dividend, reflecting its financial stability and commitment to returning value to shareholders.