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earnings
Format: PDF earnings
LSI Industries reported strong fiscal fourth quarter 2023 results with sustained year-over-year Adjusted EBITDA growth, margin expansion exceeding 300 basis points, and record adjusted net income of nearly $9 million. The company demonstrated improved operational execution across its Lighting and Display Solutions segments, supported by stable demand and disciplined pricing discipline. Free cash flow generation increased 94% year-over-year to nearly $16 million, reducing net leverage to below 1.0x and providing enhanced balance sheet flexibility.
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