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Forgent Power Raises Fiscal 2027 Earnings Guidance

Forgent Power Solutions raised its fiscal 2027 revenue forecast. CEO Gary Niederpruem cited growing demand from AI companies and hyperscalers.

FPS
SquawkNews Desk

Forgent Power Solutions (FPS) was on investors’ radar on Thursday after the company raised its fiscal 2027 earnings outlook, with CEO Gary Niederpruem highlighting growing demand from AI companies and hyperscalers.The electrical equipment manufacturer raised its fiscal 2027 revenue forecast to $2.4…

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