Acuity Brands, Inc (NYSE:&nbsp;AYI)&nbsp;reported fiscal first-quarter 2025 net sales growth of 1.8% year over year to $951.6 million, missing the&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/25/01/g42868674/acuity-brands-reports-fiscal-2025-first-quarter-results" rel="noreferrer noopener">analyst consensus estimate of $956.2 million</a>.&nbsp;



It clocked an adjusted EPS of $3.97, beating the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus estimate of $3.89</a>.



Sales by segments: Acuity Brands Lighting (ABL) and Lighting Controls revenue hit $886.0 million (+1.1% Y/Y), and Intelligent Spaces Group (ISG) clocked $73.5 million (+14.5% Y/Y).



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The consolidated adjusted operating margin grew by 20 bps to 16.7%. ABL&#8217;s adjusted operating margin declined by 20 bps to 17.3%. ISG&#8217;s margin increased by 500 bps to 21.0%.



The company generated $132.2 million in operating cash flow for the quarter, compared to $190.0 million a year ago. Free cash flow was $113.3 million.



Acuity held cash and equivalents of $935.6 million, compared to $845.8 million last year.



Adjusted EBITDA was $171.6 million, up from $166.7 million a year ago.&nbsp;The margin expanded by 20 bps to 18.0%.



Effective January 1, 2025, the company completed the acquisition of QSC, LLC for $1.215 billion, expanding Acuity&#8217;s Intelligent Spaces into cloud-manageable audio, video, and control.



Acuity Brands stock surged 49% in the last 12 months. Investors can gain exposure to the stock through First Trust NASDAQ Clean Edge Green Energy Index Fund QCLN and Invesco S&amp;P MidCap Quality ETF XMHQ.



Price Action: AYI stock is down 0.82% at $301.38 premarket at the last check on Wednesday.



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Acuity Brands Q1 Earnings: Revenue Miss, Smart Spaces Revenue Soars 14.5%, Expands Into Cloud Tech With $1.2 Billion Deal - Acuity (NYSE:AYI)

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Acuity Brands Q1 Earnings: Revenue Miss, Smart Spaces Revenue Soars 14.5%, Expands Into Cloud Tech With $1.2 Billion Deal

Acuity Inc

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