LSI Industries Reports 36% Sales Growth, Stock Soars

LSI Industries Inc. reported a strong fiscal Q2 2025, with net sales rising 36% year-over-year to $147.7 million, significantly surpassing analyst expectations. This growth was fueled by strong demand across its vertical markets and contributions from its recent acquisition of EMI. The company's adjusted earnings per share reached $0.26, exceeding the consensus estimate of $0.20, and free cash flow totaled $8.8 million. Following the earnings announcement, shares surged over 20%, hitting a record high of $23.97. Despite a decline in the Lighting segment, LSI's robust backlog and ongoing demand in other areas position it well for future growth. The company declared a quarterly cash dividend of $0.05 per share, reinforcing its commitment to returning value to shareholders.