By Nicholas G. Miller
Acuity reported higher first-quarter sales on the back of continued growth in its intelligent spaces segment, which aims to use technology and data to make buildings smarter, safer and greener.
The company posted net income of $120.5 million or $3.82 a share, up from $106.7 million, or $3.35 a share, the year prior.
Adjusted earnings were $4.69 a share. Analysts expected $4.59 a share, according to FactSet.
Net sales rose 20% to $1.14 billion, in line with Wall Street's expectations. The sales growth was driven by a $183.9 million increase to $257.4 million in sales for the company's intelligent spaces segment.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
January 08, 2026 06:15 ET (11:15 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.

