Solaris Energy Infrastructure (SEI) shares rallied 7.26% in pre-market trading on Friday, following the company's better-than-expected Q4 earnings report released after the market close on Thursday.
For the quarter ended December 31, 2024, Solaris Energy reported adjusted earnings of $0.12 per diluted share, unchanged from analyst estimates. However, the company's revenue of $96.3 million surpassed the consensus forecast of $92.7 million, marking a year-over-year increase of 52.1%.
The solid Q4 results, driven by strong revenue growth, appear to have boosted investor confidence in Solaris Energy's prospects, propelling the stock higher ahead of the regular trading session on Friday. Investors will be closely monitoring the company's performance and guidance for potential further upside.
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