Industrial Tech Firm Acuity's Stock Sinks on Soft Results, 'Uncertainty' Warning
1. AYI's Q2 revenue fell short of analyst expectations, impacting stock performance. 2. GAAP EPS declined 14% year-over-year, but adjusted EPS slightly beat estimates. 3. Acuity Intelligent Spaces sales surged over 150% following QSC acquisition. 4. CEO highlighted market uncertainty, particularly regarding evolving tariff policies. 5. Shares dropped approximately 4% after earnings report, indicating market reaction.