Legence Corp

LGN

Market cap $7.86B

SAN JOSE, Calif., May 04, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (Nasdaq: LGN) (“Legence” or the “Company”) today announced that it will release results for the first quarter ended March 31, 2026 on Thursday, May 14, 2026, prior to the market open.

AAR Corp delivered a strong fiscal third-quarter earnings report, with revenue, earnings, and profitability all exceeding expectations driven by solid organic growth, particularly in its parts supply business. DigitalOcean Holdings, Inc. delivered a strong fiscal fourth-quarter report that exceeded expectations on both revenue and profitability, as net new annual recurring revenue reached a record level. Legence Corp. delivered strong results highlighted by accelerating revenue growth and robust earnings expansion, with data center-related projects continuing to be the primary driver of upside.

Legence's NASDAQ: LGN stock price has rallied strongly, up approximately 185% in the seven months since its IPO, because it is perfectly well-positioned for the modern age. The company specializes in ultra-modern, high-tech, high-efficiency construction and building services.

While near-term results were disappointing, Conestoga Capital Small Cap Composite believes the underlying fundamentals of the portfolio companies remain intact, continuing to focus on owning high-quality businesses. LeMaitre Vascular, Inc.'s operating income increased 47% on mid-teens revenue growth as the company consistently converted steady procedure-driven demand into outsized profit growth. The mix shift toward higher-value programs supported both RBC Bearings, Inc.'s growth and profitability, with aerospace and defense revenue increasing over 40% in the quarter.

SAN JOSE, Calif., April 09, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (Nasdaq: LGN) (“Legence” or the “Company”) today announced that it has closed its upsized secondary underwritten public offering (the “offering”) of 15,394,112 shares of its Class A common stock (“Common Stock”) by selling stockholders affiliated with Blackstone Inc. (the “Selling Stockholders”) at a price to the public of $54.00 per share, including the full exercise by the underwriters of their option to purchase up to an additional 2,007,927 shares of Common Stock on the same terms and conditions.

SAN JOSE, Calif., April 07, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (Nasdaq: LGN) (“Legence” or the “Company”) today announced the pricing of an upsized secondary underwritten public offering (the “offering”) of 13,386,185 shares of its Class A common stock (“Common Stock”) by selling stockholders affiliated with Blackstone Inc. (the “Selling Stockholders”) at a price to the public of $54.00 per share.

SAN JOSE, Calif., April 06, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (Nasdaq: LGN) (“Legence” or the “Company”) today announced that selling stockholders affiliated with Blackstone Inc. (the “Selling Stockholders”) intend to offer and sell 11,000,000 shares of Legence's Class A common stock, par value $0.01 (“Common Stock”) in a secondary underwritten public offering. In connection with the offering, the Selling Stockholders are expected to grant the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of Common Stock on the same terms and conditions.

U.S. stocks settled mixed on Thursday, with the Dow Jones index falling around 0.1% during the session following recent comments from President Donald Trump. Meanwhile, Iran is reportedly drafting a monitoring protocol with Oman for the Strait of Hormuz.

Legence Corp. (LGN) Q4 2025 Earnings Call Transcript

U.S. stocks settled higher on Tuesday, with the Dow Jones index gaining more than 1,100 points during the session as President Donald Trump signaled a potential end to military operations in Iran within weeks.