Forgent Power Solutions, Inc.Forgent reported record fiscal Q4 results with an earnings beat, 94% revenue growth, and record bookings/backlog.
Forgent Power Solutions Inc stock is up 12.4% at $35.26 after the company reported record fiscal fourth-quarter results, including an earnings beat. Revenue surged 94% year over year to $462 million, while bookings jumped 375% to a record $1.5 billion and backlog rose 256% to an all-time high of $3 billion. FPS has seen roughly 48,000 options contracts exchanged so far, or 4.2 times the usual intraday volume, with calls accounting for 41,000 of the total. Teva Pharmaceutical Industries Ltd stock is down 1.1% at $38.84 as the company officially transitions its primary shares to trade directly on the New York Stock Exchange, replacing its previous American depositary shares program, with options traders targeting TEVA at 4.4 times the usual intraday volume. Aflac Inc stock is up 0.4% at $117.99 despite Japan Post Holdings reportedly selling roughly $158 million worth of Aflac shares, with AFL seeing roughly 42,000 contracts exchanged, or 19.8 times the usual intraday amount.
Forgent Power Solutions, Inc.Forgent reported record fiscal Q4 results with an earnings beat, 94% revenue growth, and record bookings/backlog.
Harbin Electric
Aflac IncorporatedJapan Post Holdings reportedly selling roughly $158 million worth of Aflac shares is a negative capital/ownership event for AFL.
Japan Post Holdings is reported to be selling roughly $158 million worth of Aflac shares, but the article gives no clear positive or negative read for Japan Post itself.
Teva Pharma Industries Ltd ADR