Forgent Power Solutions raises FY2027 outlook as Q1 revenue jumps 69%
Forgent Power Solutions reported fiscal Q1 revenue of $479M, up 69%, beat estimates and raised its fiscal 2027 outlook, with adjusted EPS above consensus.
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what happened
Electrical equipment maker Forgent Power Solutions (FPS) reported fiscal first-quarter revenue of $478.6 million, up 69% year over year and above the consensus estimate of $462.4 million, according to Reuters. Adjusted earnings per share came in at $0.24, compared with analysts' expectations of $0.20. TradingView reported that net income rose 252% to $55 million.
Adjusted EBITDA increased 61% to $105 million, with a margin of 21.9%. Operating cash flow reached $136 million, $130 million higher than a year earlier, although part of the improvement reflected the timing of customer deposits and milestone payments.
The company raised its fiscal 2027 guidance. Revenue is now expected at $2.45 billion to $2.65 billion, up from $2.4 billion to $2.6 billion. Adjusted EBITDA is forecast at $587 million to $637 million, versus $575 million to $625 million previously, and adjusted EPS at $1.30 to $1.44, compared with $1.26 to $1.40. CEO Gary Niederpruem said the backlog fully covers the fiscal 2027 guidance, with demand coming from AI labs and hyperscalers.
why it matters
The raised outlook, driven by data-center demand, matters for FPS shares and for the heavy electrical equipment group, where investors increasingly link stocks to AI infrastructure spending. Investors will watch upcoming results to judge how durable the growth is, since part of the cash inflow reflected payment timing.
market impact
FPS shares: strong quarter and higher guidance support sentiment for the stock
- Forgent Power Solutions (FPS) shares pressure up — raised guidance and revenue above consensus support earnings expectations
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on polymarket
sources
- Forgent Power Solutions, Inc. (FPS) Raises FY2027 Outlook After Q1 Revenue Rises 69% — TradingView, 12 November 2026 at 11:30 UTC
- Forgent Power Solutions Q1 revenue beats estimates; raises outlook — Reuters, 12 November 2026 at 11:45 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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