Acuity Stock Jumps on Strong Results Thanks to Lighting Firm's QSC Acquisition
1. Acuity beat profit and sales estimates for Q3 fiscal 2025. 2. QSC acquisition significantly boosted Acuity Intelligent Spaces sales by nearly 250%. 3. Quarterly revenue increased 22% year-over-year to $1.18 billion. 4. Acuity shares rose 6%, marking positive performance for the year. 5. ABL segment saw a modest 2.7% revenue increase amid restructuring charges.