Forgent Reports Fiscal Q1 Results Above Guidance, Raises Full-Year Outlook
Forgent Power Solutions reported fiscal first-quarter 2027 results above the high end of its guidance and raised its full-year outlook.
Story updates
11:30:23 AM UTC
SquawkNews
Fiscal Q1 revenue was $479M, up 69% year over year, and net income was $55M, up 252%. Forgent raised its fiscal 2027 outlook; the release provides no prior guidance figures.Material DetailsContext by AI AnalystThis is a mid-cycle growth update, with reported quarterly results and a higher full-year…
11:43:26 AM UTC
SquawkNews
Forgent reported fiscal first-quarter 2027 revenue of $478.6 million, up 69% year over year, and net income of $54.8 million. Adjusted EBITDA was $104.9 million, while adjusted EPS was $0.24. The company raised its full-year fiscal 2027 guidance for revenue, Adjusted EBITDA and adjusted EPS.Financi…
11:45:24 AM UTC
SquawkNews
Forgent Power Solutions Q1 revenue beats estimates; raises outlook
Forgent Power Solutions, Inc. ("Forgent" or the "Company") (NYSE:FPS), a leading designer and manufacturer of electrical distribution equipment used in data centers, the power grid and energy-intensive industrial facilities, today announced financial results for its fiscal first quarter ended Septe…