LSI Industries Q2 FY2023 Earnings Results Conference Call

LSI Industries reported strong second quarter fiscal 2023 results with 16% year-over-year net sales growth and 79% adjusted operating income growth. The company achieved margin expansion across both Lighting and Display Solutions segments, with adjusted EBITDA margin reaching 10.1%, while reducing net debt by $25 million on an LTM basis. Strong commercial demand and above-prior-year backlog position the company favorably for the second half of fiscal 2023.