LSI Industries CEO Discusses F4Q2010 Earnings - Call Transcript

LSI Industries Inc. (LYTS)

F4Q2010 Earnings - Call

August 19, 2010 04:30 pm ET

Executives

Bob Ready - President & CEO

Steve Brucker - CIO

Scott Ready - President, LSI Lighting Solutions Plus

Ron Stowell - VP, CFO & Treasurer

Sean Tony - SVP, Commercial and Industrial Lighting Group

David McCauley - President, LSI Graphic Solutions Plus

Analysts

Glenn Wortman

Jim Ricchiuti

Dick Ryan

Rick D'Auteuil

Presentation

Operator

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Good afternoon and thank you for dialing in for our LSI Fourth Quarter Earnings Conference Call. Today’s host will be Mr. Bob Ready. During the discussions, all participant lines are placed on mute to prevent any background noises. (Operator Instructions).

Now, without further delays, I will turn your call over to Mr. Bob Ready.

Bob Ready

Thank you. Before I make opening comments, Steve Brucker our CIO is on the line. Steve you have got a couple of comments please.

Steve Brucker

Yes, I just wanted to welcome everyone today and let you know that, with today’s call there will not be supporting visuals on the website, as we have sometimes done in the past, but after today’s call concludes, some supporting visuals will be available on our website that you can reach www.lsi-industries.com.

And now I will proceed with the conference Bob.

Bob Ready

Thanks Steve, good afternoon everybody its nice to have you on board this afternoon. With me today as our normal process is our CFO Ron Stowell with us. Scott Ready President of the Lighting Group, David McCauley, President of the Graphic Group. And today we also invited Sean Tony who is really our Senior Vice President In-Charge of C&I Lighting Sales, I thought it would be very appropriate to have Sean onboard based on the Q&A session, because of his tremendous involvement in what we have done in accomplishing a I think a very, very important turnaround in our C&I business. We put out a rather expensive press release as I am sure you are all aware. And so I am going to make my opening marks short.