2016-04-07

Acuity Brands Reports Net Revenue up 26% in 2Q16

Acuity Brands announced record second quarter results for net sales, net income, and diluted earnings per share (“EPS”). Fiscal 2016 second quarter net sales of US $777.8 million increased $161.7 million, or 26%, compared with the year-ago period. Operating profit for the second quarter of fiscal 2016 was $106.7 million, an increase of $28.1 million, or 36%, over the year-ago period. Net income for the second quarter of fiscal 2016 was $65.5 million, an increase of 41% compared with the prior-year period. Fiscal 2016 second quarter diluted EPS of $1.49 increased 39% compared with $1.07 for the year-ago period.
Continue reading

Whether in city traffic, on country roads, or off-road, bicycle lights from ams OSRAM (SIX: AMS) reliably ensure visibility and safety. Just in time for the dark season, the new generation of powerful bicycle lighting is here: the innovative L... READ MORE

The way we interact with digital worlds is evolving rapidly, driven by the pursuit of ever more immersive, secure, and sustainable experiences. The latest advances in miniaturization, efficiency, and seamless integration with AR/VR solutions a... READ MORE