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Forgent Power Solutions, Inc.Bullish
Forgent Power Solutions announced that its revenues and adjusted EBITDA for the fiscal first quarter ended September 30, 2026, will exceed the high end of its previously provided guidance. The company will report its full financial results before the market opens on November 12, 2026.…more
Forgent Power Solutions, Inc.
Forgent Power Solutions clarified that the departure of CFO Ryan Fiedler was not due to any disagreement regarding the company's operations, policies, or financial reporting. Mr. Fiedler stepped down effective October 21, 2026, and will remain with the company until October 30, 2026, to assist with the transition.…more
Forgent Power Solutions, Inc.
Forgent Power Solutions announced the resignation of CFO Ryan Fiedler and the appointment of Amy Ard as the new CFO, effective October 21, 2026. Fiedler will assist with the transition until October 30, 2026, before moving into an external consulting role. Incoming CFO Amy Ard will receive an annual base salary of $550,000, along with performance bonuses and a one-time equity grant valued at $500,000, consisting of RSUs and stock options, to be issued on November 1, 2026.…more
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Forgent Expects Q1 2027 Results to Exceed Guidance
Forgent announced that its fiscal first quarter 2027 revenue and adjusted EBITDA will surpass the high end of its previous guidance. The company is scheduled to report its full financial results on November 12, 2026.…more
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Forgent Power Solutions stock dropped over 24% to a 52-week low after the company announced the departure of its CFO. Investors reacted negatively to the leadership change despite the appointment of an experienced successor.…more
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Forgent Power Solutions has appointed Amy Ard, previously the Executive Vice President of Finance, as its new CFO. Former CFO Ryan Fiedler will transition into the role of an external consultant.…more
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