Forgent Pre-Announces Q1 Revenue and EBITDA Above High End of Guidance
FPS is trading near its 52-week low of $23.155 (0.1% above the low) on elevated volume (3.7× avg).
Summary
Forgent says fiscal Q1 2027 revenue and Adjusted EBITDA will come in above the high end of its prior guidance ranges — a positive pre-announcement ahead of the November 12 report. That follows the record FY2026 results disclosed in the September 15 8-K and 10-K, when revenue rose 89% to $1.42B and FY2027 guidance was set at $2.4–$2.6B. The stock is trading near its 52-week low of $23.155, so confirmation that the guidance beat is holding is the key data point for a market that has already marked the shares down sharply. Full numbers, including the size of the beat, arrive with the November 12 pre-market release and 11:00 a.m. ET call.
At the time of this announcement, FPS was trading at $23.18 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $7.1B. The 52-week trading range was $23.16 to $66.00. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: BusinessWire.