LSI Reports 2Q Loss

CINCINNATI, Jan. 25, 2013 (GLOBE NEWSWIRE) — LSI Industries Inc. (LYTStoday:

  • reported second quarter net sales of $71,082,000, an increase of 3% as compared to $68,774,000 in the same period of the prior fiscal year;
  • reported a second quarter (and first half) pre-tax non-cash goodwill impairment charge of $2,141,000 (or $1,552,000 after tax);
  • reported a second quarter net loss of $(2,450,000) or $(0.10) per share as compared to net income of $772,000 or $0.03 per share for the same period of the prior fiscal year;

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