Shares of LSI Industries Inc (NASDAQ: LYTS) are surging 5.00% in pre-market trading on Friday, following the release of its full-year 2025 financial results and a positive analyst update. The lighting and retail display solutions provider has impressed investors with its performance, beating both revenue and earnings expectations.
LSI Industries reported robust financial results for the fiscal year 2025. The company's revenue reached US$573.4 million, up 22% from the previous year and exceeding analyst estimates by 2.9%. Despite a slight dip in net income to US$24.4 million, down 2.4% year-over-year, the earnings per share (EPS) of US$0.81 surpassed analyst expectations by 9.2%. The strong top-line growth demonstrates LSI's ability to capture market share in the competitive electrical industry landscape.
Adding to the positive sentiment, Craig-Hallum raised its price target on LSI Industries to $28 from $26, maintaining a Buy rating on the stock. This upgrade reflects growing confidence in the company's future prospects and its ability to navigate challenges in the sector. With a forecasted revenue growth of 6.6% per annum over the next three years, outpacing the 9.3% growth projected for the US Electrical industry, LSI Industries appears well-positioned for continued success.