Forgent Shares Jump After Q2 Double Beat, Orders And Backlog Surge - Forgent Power Solutions (NYSE:FPS)
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Published on March 16, 2026.
Forgent Power Solutions (NYSE:FPS) shares have surged following its second-quarter financial results, with revenue exceeding $296.40 million and a 69% year-over-year growth. Bookings increased by 268% year over year to $762 million. The company's book-to-bill ratio rose to 2.6x from 1.9x in the first quarter. Forged's initial public offering was priced at $27 per share and began trading on the New York Stock Exchange on February 5.
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