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Legence Corp. Shares Surge on Record Backlog and Data Center Demand

Legence Corp. Shares Surge on Record Backlog and Data Center Demand

Author:

Global Cryptocurrency

Published:

2026-03-28 03:47:02

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BTCCSquare news:

Legence Corp. (LGN) shares jumped 5.7% to $56.00 after reporting a 34% revenue surge in Q4 2025, fueled by booming data center projects and a record $3.7B backlog. The installation segment delivered particularly strong performance with 44% growth, while the company raised its 2026 revenue outlook to $3.9B.

Mission-critical sectors including data centers, healthcare, and government work drove the exceptional performance. Adjusted EBITDA reached $87M for the quarter, capping a year where Legence demonstrated remarkable execution in high-growth tech infrastructure markets.

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