LSI Industries Reports Fiscal Third Quarter 2021 Results and Declares Quarterly Cash Dividend CINCINNATI, April 22, 2021 (GLOBE NEWSWIRE) — LSI Industries Inc. (NASDAQ: LYTS, “LSI” or the “Company”) a leading U.S. based manufacturer of indoor/outdoor lighting and graphics solutions, today announced results for the third quarter fiscal 2021. Third Quarter 2021 Summary Net Income of $1.5 million; EPS of $0.05 per diluted share Adjusted Net Income of $1.8 million, or $0.07 per diluted share Adjusted EBITDA of $4.4 million, compared to $1.6 million in prior year period Free cash flow of $10.6 million versus $3.5 million prior year For the three months ended March 31, 2021, LSI reported year-over-year growth in net sales, adjusted net income, adjusted EBITDA and cash flow. LSI reported GAAP net income of $1.5 million, or $0.05 per diluted share in the fiscal third quarter, versus $1.9 million, or $0.07 per diluted share in the prior period. The Company’s prior year fiscal third quarter results included a non-recurring, pre-tax gain of $3.7 million, or $0.12 per diluted share, resulting from the sale of the North Canton, Ohio facility. Fiscal third quarter adjusted EBITDA was $4.4 million, an increase of $2.8 million when compared to the prior year period.