Shares of Solaris Energy Infrastructure, Inc. (SEI) surged 5.41% in after-hours trading on Monday following the release of its impressive third-quarter earnings report. The company significantly outperformed analyst expectations, demonstrating strong growth across key financial metrics.
SEI reported adjusted earnings per share of $0.34 for the quarter ended September 30, surpassing the mean analyst estimate of $0.24 by 41.67%. This represents a substantial increase from the $0.08 per share reported in the same quarter last year. Revenue also exceeded expectations, rising 122.4% year-over-year to $166.84 million, well above the analyst consensus of $139 million.
The company's strong performance was driven by growth in its Power Solutions segment, where average capacity earning revenue increased to approximately 760 MW. This segment saw a 39% increase in revenue to $105 million and a 27% rise in Segment Adjusted EBITDA to $58 million. In light of these results, Solaris Energy Infrastructure has raised its fourth-quarter Total Adjusted EBITDA guidance to $65-70 million and set first-quarter 2026 guidance at $70-75 million, signaling continued optimism for future growth. The market's positive reaction to these results and improved outlook is reflected in the stock's significant after-hours gain.
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