Forgent Power Solutions posts 69% Q1 revenue jump and lifts FY27 outlook
Forgent Power Solutions reported fiscal Q1 2027 revenue of $479 million, up 69% year‑over‑year, and adjusted earnings per share of $0.24, beating the high end of its guidance. Adjusted EBITDA rose 61% to $105 million and net income was $54.8 million. The company raised its full‑year FY2027 revenue target to $2.45‑$2.65 billion and announced the promotion of Amy Ard to chief financial officer.
Why it matters
The raised FY2027 guidance signals higher expected revenue and earnings, which could improve future cash flow forecasts (the company said the backlog fully covers the new outlook). However, shares fell about 6% to $23.11 in early trading, reflecting investor caution.
Key facts
- 1Fiscal Q1 2027 revenue was $479 million, a 69% increase YoY. investing.com
- 2Adjusted EBITDA for the quarter was $105 million, up 61% YoY. investing.com
- 3Adjusted EPS was $0.24, an 83% increase YoY. investing.com
- 4Net income was $54.8 million, with an 11.5% net‑income margin. tradingview.com
- 5The company raised FY2027 revenue guidance to $2.45 billion‑$2.65 billion. investing.com
- 6Amy Ard was promoted to chief financial officer. tradingview.com
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.