Acuity Brands, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended November 30, 2018
January 09, 2019 at 08:30 am
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Acuity Brands, Inc. reported unaudited consolidated earnings results for the first quarter ended November 30, 2018. For the quarter, Net Sales were $932.6 million against $842.8 million a year ago. Operating profit was $116.4 million against $120.2 million a year ago. Income before income taxes was $106.4 million against $110.9 million a year ago. Net income was $79.6 million against $71.5 million a year ago. Basic earnings per share was $1.99 million against $1.71 million a year ago. Diluted earnings per share was $1.98 against $1.70 a year ago.
Acuity Brands, Inc. is an industrial technology company. The Company uses technology to solve problems in spaces and light. It operates through two segments: Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG). ABL's portfolio of lighting solutions includes commercial, architectural, and specialty lighting in addition to lighting controls and components that can be combined to create integrated lighting control systems. It offers devices, such as luminaires that utilize light emitting diode (LED) technology designed to optimize energy efficiency and comfort for various indoor and outdoor applications. ABL's brand portfolio include Aculux, Indy, Gotham, and more. ISG offers a building management platform and location-aware applications. Its building management platform includes products for controlling heating, ventilation, and air conditioning (HVAC), lighting, shades, and building access that deliver end-to-end optimization of building systems.
ACUITY BRANDS, INC. 
