Forgent Power Solutions raises FY2027 revenue forecast to $2.45 billion-$2.65 billion
FPS•Forgent Power Solutions raised its fiscal 2027 revenue forecast by $50 million to $2.45 billion-$2.65 billion. It projected adjusted EBITDA of $587 million-$637 million and adjusted earnings per share of $1.30-$1.44.
1. Raised annual forecast
Forgent Power Solutions raised its fiscal 2027 revenue guidance by $50 million to $2.45 billion-$2.65 billion. It forecast adjusted EBITDA of $587 million-$637 million and adjusted earnings per share of $1.30-$1.44. Second-quarter revenue is projected at $560 million-$590 million, with adjusted EBITDA of $127 million-$137 million.
2. Quarterly results and backlog
First-quarter revenue was $479 million and adjusted EBITDA was $105 million, both above the high end of guidance. The company said its backlog fully covers annual revenue guidance and that stronger production ramp execution is unlocking additional book-and-ship capacity.
