Kodiak Gas Services, Inc. (KGS) experienced a significant pre-market surge of 7.80% on Monday, following the release of its first-quarter 2026 financial results.
The energy infrastructure provider reported quarterly revenue of $345.76 million, beating the analyst consensus estimate of $340.25 million. Adjusted EBITDA for the quarter reached $190.09 million, exceeding expectations of $185.6 million. The company also reported adjusted earnings per share of $0.59, surpassing the $0.54 estimate.
Kodiak raised its full-year 2026 adjusted EBITDA guidance to a range of $820 million to $860 million, incorporating the contribution from its recently acquired Distributed Power Solutions (DPS) business. The company announced it has procured over 260 megawatts of additional power generation capacity and expects annual growth of 300-500 MW through 2030, positioning itself to meet rising demand from data centers and industrial customers.
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