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Update: Solaris Energy Infrastructure Shares Rise After Lifting Q3, Q4 Adjusted EBITDA Guidance

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(Updates with the latest stock price movement in the headline and first paragraph.)

Solaris Energy Infrastructure (SEI) shares rose more than 16% in Tuesday trading after the company said it now expects Q3 adjusted EBITDA of $110 million to $130 million, up from its previous guidance of $90 million to $105 million.

The company also said it now expects Q4 adjusted EBITDA of $145 million to $180 million, up from its prior forecast of $100 million to $120 million.

Additionally, Solaris said its adjusted EBITDA guidance for Q1 will be between $200 million and $240 million.

Price: $64.26, Change: $+9.26, Percent Change: +16.83%

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