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● Revenue of $3.77 billion beat the $3.39 billion expected.
Key Highlights● Forgent traded around $24.03 on October 22, below its IPO price.● The stock hit a record low.● Chief Financial Officer Ryan Fiedler is leaving for an external consulting role.● About 23.98 million shares changed hands against a 100-day average of 8.19 million.Forgent …
● Third-quarter sales of $586.4 million missed the $590.5 million consensus.
● Sales of $496.4 million fell below the $502.8 million expected.
● The stock sank as low as about $122.88 during the session.
● The plants are the SKWP facility in Germany and LAT Nitrogen in Austria.
● Earnings of $1.10 a share beat the $0.98 analysts forecast.
● The after-hours price is not a closing price.
● Overall volume and intermodal traffic increased modestly.
● Adjusted earnings of $4.33 a share beat the $4.15 forecast.
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