India, Nov. 12 -- Legence Corp. (LGN), a provider of engineering, installation and maintenance services for critical building systems, on Thursday reported a return to profit for the third quarter of 2026 and raised its full-year outlook. The company also announced a $150 million share repurchase program.
Legence shares rose more than 3% in pre-market trading after closing at $37.09 on Wednesday.
Net income attributable to Legence was $89.6 million, or $1.15 per share, compared with a net loss of $0.6 million, or $0.02 per share, in the prior-year period.
Adjusted EBITDA increased 99.3% to $177 million from $88.8 million a year ago.
Revenue rose 85.1% to $1.311 billion from $708.01 million in the previous year. Excluding the acquisition...