LSI Industries CEO Discusses F1Q2011 Results - Earnings Call Transcript

LSI Industries, Inc. (LYTS)

F1Q2011 (Qtr End 09/30/10) Earnings Conference Call

October 21, 2010 3 PM ET

Executives

Steve Brucker – CIO

Bob Ready – President & CEO

Ron Stowell – VP, CFO & Treasurer

David McCauley – President, LSI Graphic Solutions Plus

Scott Ready – President, LSI Lighting Solutions Plus

Jonathan Labbee – SVP, Commercial and Industrial Lighting Group

Sean Tony – EVP, Commercial Industrial Federal Lighting Business

Analysts

Josh Bravo

Davis McCauley

Jim Ricchiuti

Rick D’Auteuil

Glenn Wortman

Dick Ryan

Presentation

Operator

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Good afternoon and welcome to the LSI Industries First Quarter 2011 Earnings Conference Call. Today’s host will be Mr. Steve Brucker, the Chief Information Officer of LSI. During the discussion, 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. Brucker.

Steve Brucker

Good afternoon everyone and let me add my welcome as well. Today’s presentation will not have any accompanying online graphics. But you will be able to find supporting materials available on our website after the conference is concluded. You can go to our website at www.lsi-industries.com.

And you’ll find the Investor Relations button at the lower left. And now, let me introduce Mr. Bob Ready, the President and Chief Executive Officer of LSI Industries.

Bob Ready

Thanks, Steve. Good afternoon everybody. Welcome. I’m not going to get into a lot of detail in my opening remarks. I think the press release covered it all. As we have shared with you in the past conferences, especially over the last 12 months, we’re going through a major cultural and structural change in the way we do business.

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