LSI Industries Slips To Loss In Q4

(RTTNews) - LSI Industries Inc. (LYTS) posted fourth-quarter net loss of $796 thousand or $0.03 per share, compared to net income of $812 thousand or $0.03 per share in the comparable quarter last year.

Analysts polled by Thomson Reuters expected the company to earn $0.03 per share.

Operating loss for the quarter was $1.1 million, compared to operating income of $818 thousand in the year-ago period.

Net sales for the latest fourth quarter rose 7% to $73.86 million from $68.84 million in the prior year period.

Further, the Board of Directors declared a regular quarterly cash dividend of $0.06 per share payable September 9, 2014 to shareholders of record as of September 2, 2014.