[Market Mover Analysis] ForgentPower surged on September 17: Earnings exceeded expectations, orders surged, electrical equipment sector boosted
Bitget异动解读2026/09/17 13:40Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Analysis of Forgent Power's Surge on September 17
Keywords:
Performance Exceeds Expectations + Surge in Orders + Electrical Equipment
1. On September 15, the company announced fiscal year 2026 Q4 revenue of $462 million, representing a year-on-year increase of 94%. Adjusted EBITDA reached $113 million, up 163% year-on-year; full-year revenue stood at $1.42 billion, increasing 89% year-on-year, and adjusted net profit was $208 million, up 136% year-on-year.
2. On September 15, the company reported Q4 orders exceeding $1.5 billion, up 375% year-on-year, with a book-to-bill ratio of 3.3. Backlog at the end of the period was approximately $3 billion, up 256% year-on-year, mainly consisting of formal purchase orders, which supports future revenue.
3. On September 15, the company forecast fiscal year 2027 revenue of $2.4 to $2.6 billion and adjusted EBITDA of $575 to $625 million, with over 90% of the revenue guidance already covered by backlog orders. The company's main business includes electrical distribution equipment for data centers, power grids, and high energy-consuming industrial facilities.
(Disclaimer: This content is generated by AI technology summarizing publicly available information for reference only and does not constitute investment advice.)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Gold surges along with US treasuries as oil price slide deepens
Mining.com•2026/09/17 18:45
Egrag Crypto to XRP Holders: Get Ready – Uncle Warsh Is Coming. Here’s What It Means
TimesTabloid•2026/09/17 18:06
Sector Update: Tech Stocks Gain Thursday Afternoon
MT newswire•2026/09/17 17:45
Engie signs renewable energy agreement with Oracle to support operations in Texas
智通财经•2026/09/17 14:31
Crypto prices
MoreBitcoin
BTC
$76,554.84
+0.75%
Ethereum
ETH
$2,452.78
+1.74%
Tether USDt
USDT
$0.9991
+0.01%
BNB
BNB
$727.53
+1.81%
XRP
XRP
$1.29
+0.32%
USDC
USDC
$0.9999
-0.02%
Solana
SOL
$100.87
+2.49%
TRON
TRX
$0.3335
-0.57%
Zcash
ZEC
$1,458.19
+7.86%
Hyperliquid
HYPE
$81.94
+3.39%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now