Royston's Rise: A Double Edged Sword for LSI Industries? LSI Industries' 51% sales growth is a complex phenomenon, driven by both organic expansion and the acquisition of Royston.
While the company's revenue has increased significantly, with $66. 9 million in revenue generated from Royston's first full quarter, this growth may not be sustainable.
The display solutions segment saw significant gains, with sales nearly doubling to $164. 2 million, driven by an 18% organic growth rate.