On September 11, Solaris Energy Infrastructure, Inc. rose 8.04% in regular trading, trading at $69.305/share with turnover of approximately $50.77 million, extending its recent rally.

The stock continues to be buoyed by the company's announcement on September 8 that it significantly raised its Q3 adjusted EBITDA guidance from the prior range of $90 million to $105 million to $110 million to $130 million, representing an increase of up to over 40%. The company simultaneously raised its Q4 guidance and issued a Q1 adjusted EBITDA outlook, reinforcing expectations for sustained earnings growth. The guidance revision followed a strong Q2 earnings report in which adjusted EPS of $0.39 beat the consensus estimate of $0.34 by 14.71%, while revenue of $219.4 million surged approximately 65.6% year-over-year and also exceeded expectations. Additionally, the company completed a strategic acquisition of Global Energy Services Alliance in July, funded with approximately $55 million in cash and 3 million Class A shares, which is expected to be immediately accretive to earnings and free cash flow per share.

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