LSI Industries Announces Updated Fast Forward Strategic Plan Through 2032
LSI Industries (LYTS) has unveiled an updated 'Fast Forward' strategic plan extending to 2032. A key component of this long-term roadmap includes a target to reach 2x leverage within the next 12 to 18 months, signaling a shift in capital structure and financial management. The company reported strong fiscal Q1 2027 results, highlighted by revenue of approximately $226 million. Financial performance was bolstered by a significant 41% increase in adjusted EBITDA, reaching $22.2 million, alongside robust cash generation with nearly $14 million in free cash flow.
Tickers: $LYTS
Topics: EBITDA fiscal results free cash flow revenue
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