LSI Industries Inc.'s (LYTS) fourth quarter net income was $1.51 million or $0.06 per share, compared to net income of $1.50 million or $0.06 per share in the year ago quarter. Analysts polled by Thomson Reuters expected the company to report earnings of $0.10 per share for the quarter. Analysts' estimates typically exclude special items.
Net sales in the fourth quarter of fiscal 2012 were $71.20 million, a decrease of 4% as compared to last year's fourth quarter net sales of $74.22 million.
The company said its Board of Directors declared a regular quarterly cash dividend of $0.06 per share payable September 4, 2012 to shareholders of record as of August 28, 2012. The indicated annual cash dividend rate for fiscal 2012 is $0.24 per share.
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