Forgent Power Solutions is trading 7.22% up at $37.35 after investors continued responding to September 15 earnings that exceeded guidance.
- Fourth-quarter revenue rose 94% year over year; bookings exceeded $1.5 billion, and backlog reached $3 billion.
- Management issued fiscal 2027 revenue guidance of $2.4-$2.6 billion, while a broader September 17 market rebound is supporting risk appetite.