Welcome to our dedicated page for Acuity Brands news (Ticker: AYI), a resource for investors and traders seeking the latest updates and insights on Acuity Brands stock.
Acuity Brands, Inc. (AYI) is a North American leader and one of the world's top providers of comprehensive lighting solutions, catering to both indoor and outdoor applications. Headquartered in Atlanta, Georgia, the company employs approximately 7,000 associates across North America, Europe, and Asia. Acuity Brands focuses on delivering customer-driven, efficient lighting solutions that offer superior quality and value.
Acuity Brands operates through its primary subsidiaries, Acuity Brands Lighting and other affiliated entities. The company's extensive portfolio includes luminaires, lighting controls, lighting components, and integrated lighting systems that utilize a variety of light sources. Their products are widely used in commercial, institutional, industrial, and residential settings.
The company's customer base spans electrical distributors, electric utilities, retail home improvement centers, and lighting showrooms. A significant portion of Acuity Brands' revenue is generated within the United States. In the fiscal year 2014, the company reported net sales of $2.4 billion.
Recent achievements have showcased Acuity Brands' ability to drive margin expansion and generate strong cash flow. The continuous focus on cost efficiency and leveraging a culture of improvement have been pivotal to its success. Investors and potential employees can explore more about Acuity Brands, their latest projects, and career opportunities by visiting their career center.
For the latest updates, news, and financial metrics, stakeholders can contact:
- Investor Contact: Charlotte McLaughlin, Vice President, Investor Relations, investorrelations@acuitybrands.com, (404) 853-1456
- Media Contact: April Appling, Vice President, Corporate Communications & Events, corporatecommunications@acuitybrands.com
QSC has announced that its Q-SYS VisionSuite is now certified for Google Meet, joining other Q-SYS certified solutions including Core processors, NC Series cameras, and networked microphones. The VisionSuite AI Accelerator features vision-based room control with presenter tracking and participant camera switching capabilities.
The system uses AI-based vision-driven room automation to ensure speakers remain in frame for remote participants, whether presenting from the front of the room or asking questions from the audience. This technology is specifically designed for high-impact spaces such as Tech Talk spaces, multi-purpose rooms, and training rooms, aiming to enhance productivity and engagement in collaborative environments.
QSC has expanded its Q-SYS AcousticDesign™ Series with new large-format ceiling loudspeakers, introducing 8-inch and 10-inch models along with an 8-inch subwoofer. The new lineup includes the AD-C8T-ZB (8-inch two-way full-range), AD-C8T-SWZB (8-inch subwoofer), and AD-C10T-HPZB (10-inch high-power two-way) models.
These loudspeakers feature bezel-less, blind-mount designs for seamless architectural integration and are certified across major UC platforms. When integrated with Q-SYS processors or network amplifiers, they provide access to Intrinsic Correction™ voicings for optimized performance and faster installation. The series maintains consistent tonal characteristics across the entire AD Series portfolio, enabling customized audio solutions for hospitality and entertainment venues.
Acuity Brands (NYSE: AYI) has announced a 13% increase in its quarterly dividend, raising it to 17 cents per share from the previous 15 cents per share. The dividend will be paid on February 14, 2025, to shareholders of record as of February 3, 2025. This decision was approved by the company's Board of Directors, demonstrating the market-leading industrial technology company's commitment to shareholder returns.
QSC Asia has announced the opening of its seventh Q-SYS Experience Center in Hong Kong, marking a significant expansion in the Asia-Pacific region. Located near the Hong Kong West Kowloon station, the center provides easy access for partners and customers in Hong Kong and the Greater Bay Area of China.
The facility showcases Q-SYS audio, video, and control technology in real-world applications for corporate and higher education settings. Visitors can experience advanced features including multicamera switching, room automation, and presenter tracking. The center also includes a dedicated Q-SYS training facility where technical experts will conduct hands-on training sessions using the award-winning curriculum.
QSC has announced the launch of the Q-SYS NV Series NV-1-H-WE, a single-channel HDMI wallplate encoder for network video distribution. This new product is designed for spaces where traditional surface-mount enclosures are impractical, such as flexible spaces and areas with reconfigurable furniture.
The NV-1-H-WE joins the Q-SYS NV Series portfolio, which includes the NV-32-H multi-stream video endpoint and NV-21-HU dual-channel endpoint. The series supports distribution of visually lossless, low-latency video signals up to 4K60 4:4:4 using Q-SYS Shift™ technology, which efficiently manages network bitrate by refreshing only frame changes.
As native Q-SYS peripherals, these devices integrate seamlessly into Q-SYS systems, enabling no-code deployments and automated solutions without additional management hardware.
QSC has introduced the KC12 'K Column' Active 3-Way Column Loudspeaker System, a groundbreaking 3000-watt active loudspeaker system. The KC12 combines the visual appeal of a column loudspeaker with superior acoustic performance, featuring QSC's patented LEAF™ waveguide, a 1-inch compression driver, two 4-inch midrange drivers, and a 12-inch subwoofer.
Key features include 145 degrees horizontal coverage, three inputs (Bluetooth with TWS capability, 3.5mm TRS stereo, and two combo XLR inputs), and a multi-function digital display for controlling various functions. The system, available in black and white, is designed for versatile applications from solo entertainers to corporate events and installations. The KC12 comes with a 6-Year Extended Warranty upon registration.
Acuity Brands (NYSE: AYI) reported strong fiscal 2025 first-quarter results with net sales of $951.6 million, up 1.8% year-over-year. The company achieved an operating profit of $133.3 million and adjusted operating profit of $158.7 million, up 3.1% from the previous year.
Key highlights include diluted EPS of $3.35, a 4.4% increase, and adjusted diluted EPS of $3.97, up 6.7%. The Lighting segment generated sales of $886.0 million, while Intelligent Spaces saw a 14.5% growth to $73.5 million.
Post-quarter, Acuity completed the acquisition of QSC, for a gross purchase price of $1.215 billion, expanding their Intelligent Spaces capabilities into cloud-manageable audio, video, and control. The company also continued its share repurchase program, buying back approximately 17,000 shares for $5 million during the quarter.
Acuity Brands (NYSE: AYI) has rescheduled its fiscal 2025 first-quarter results announcement to Wednesday, January 8, 2025 at 6:00 a.m. (EST), moving it one day earlier than originally planned. The change is due to the observance of the National Day of Mourning for former President Jimmy Carter.
A conference call led by Chairman, President and CEO Neil Ashe will follow at 8:00 a.m. (EST). The earnings release, webcast, and supplemental presentation will be available through the company's Investor Relations website. A replay of the call will be posted two hours after completion and archived on the website.
Acuity Brands (NYSE: AYI) has released its 2024 EarthLIGHT Report, highlighting ESG achievements and strategic progress. The report showcases improved operating performance and financial results in fiscal 2024. The company achieved top 5% ranking in Associate Engagement Survey among high-performing companies.
Key environmental accomplishments include enabling an estimated 34 million metric tons of greenhouse gas avoidance from 2020-2024 through their products and services. The company enhanced operational efficiency by installing a Tesla Megapack at Santa Rosa Production Facility and implementing water conservation practices at Mexican facilities.
Acuity Brands (NYSE: AYI) has announced it will release its fiscal 2025 first-quarter results on January 9, 2025, at 6:00 a.m. (EST). The announcement will be followed by a conference call at 8:00 a.m. (EST), led by Neil Ashe, Chairman, President, and Chief Executive Officer. The earnings release, webcast, and supplemental presentation will be accessible through the company's Investor Relations website. A replay of the call will be available online and archived on the website two hours after the conference call concludes.
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