Forgent Power Solutions Fiscal Q4 Adjusted Net Income and Revenue Rise; Sets Fiscal 2027 Guidance; Shares Gain Pre-Bell
MT newswire2026/09/15 11:09Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
07:09 AM EDT, 09/15/2026 (MT Newswires) -- Forgent Power Solutions (FPS) reported fiscal Q4 adjusted net income of $ 77.3 million on Tuesday, up from $20.6 million a year earlier. Revenue for the quarter ended June 30 was $461.7 million, compared with $237.6 million a year earlier. Analysts polled by FactSet expected $429.9 million. For fiscal 2027, the revenue is expected at $2.4 billion to $2.6 billion, up 76% year on year at the midpoint, while adjusted EPS is expected at $1.26 to $1.40, up 95% at the midpoint. Analysts polled by FactSet expect $2.09 billion for revenue and $1.19 for EPS. Shares of the company were over 10% higher in Tuesday premarket activity.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Amgen to Deploy Veeva Vault CRM Globally
MT newswire•2026/09/15 11:48
Blackrock Silver Added to the VanEck Junior Gold Miners ETF
MT newswire•2026/09/15 11:47
Fewer Investors Anticipate Stronger Global Growth in BofA Survey -- Market Talk
Dow Jones•2026/09/15 11:46
BlossomHill Drug Shows 45% Response Rate in Lung Cancer Trial
MT newswire•2026/09/15 11:42
Crypto prices
MoreBitcoin
BTC
$76,905.84
-0.96%
Ethereum
ETH
$2,474.83
-1.27%
Tether USDt
USDT
$0.9997
+0.02%
BNB
BNB
$717.6
-0.59%
XRP
XRP
$1.4
-0.10%
USDC
USDC
$1.0000
+0.03%
Solana
SOL
$100.68
-0.66%
TRON
TRX
$0.3386
-0.36%
Hyperliquid
HYPE
$78.92
-1.54%
Zcash
ZEC
$1,127.81
-0.36%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now