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Sep 30, 2024
Solaris Q3 2024 Earnings Report
Announced third quarter 2024 results, new power solutions contracts, and continued shareholder returns for fourth quarter 2024.
Key Takeaways
Solaris Energy Infrastructure reported revenue of $75 million for Q3 2024, an 8% increase compared to Q3 2023. The company's net loss was $2 million, or ($0.04) per diluted Class A share. Adjusted pro forma net income was $4 million, or $0.08 per fully diluted share.
Revenue reached $75 million.
Net loss was $2 million, with a loss of ($0.04) per diluted Class A share.
Adjusted pro forma net income amounted to $4 million, or $0.08 per fully diluted share.
The acquisition of Mobile Energy Rentals LLC was finalized, establishing the new Solaris Power Solutions segment.
Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the text.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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