LSI Industries Inc's stock surged 5.20% in pre-market trading, following the release of its fiscal 2026 second quarter results.
The company reported sales of $147.002 million, beating analyst estimates of $139.4 million, and adjusted earnings per share of $0.26, surpassing expectations of $0.21. Management highlighted strong free cash flow generation of $23.3 million, improved productivity, and a positive outlook for continued growth in its Lighting and Display Solutions segments.
CEO James A. Clark expressed confidence in the secular growth outlook for key vertical markets, noting that the company's diversified model delivered solid performance despite a challenging prior-year comparison. The earnings beat and optimistic guidance likely drove investor enthusiasm, leading to the pre-market gain.