Shares of Dover Corporation (DOV) are soaring 5.10% in pre-market trading on Thursday following the company's impressive third-quarter earnings report and raised full-year profit guidance. The industrial equipment maker's performance was boosted by robust demand for its artificial intelligence (AI) infrastructure products.

Dover reported adjusted earnings of $2.62 per share for the third quarter, surpassing analysts' expectations of $2.51 per share. While revenue slightly missed estimates at $2.08 billion compared to the expected $2.11 billion, it still represented a 5% year-over-year increase. The company's Pumps & Process Solutions unit, which produces liquid cooling products for high-performance computing and data centers, saw its profit rise to $168.6 million from $138.3 million a year earlier.

In light of the strong performance, Dover raised its full-year 2025 adjusted earnings guidance to a range of $9.50 to $9.60 per share, up from the previous forecast of $9.35 to $9.55. The company continues to expect full-year revenue growth of 4% to 6%. Dover's CEO, Richard Tobin, expressed satisfaction with the quarter's results, noting positive order trends that provide good visibility for the fourth quarter and into next year. The raised outlook and strong demand for AI-related products have clearly resonated with investors, driving the stock's significant pre-market rally.