$EROC

ERock Q2 Revenue Falls; 2026 Guidance Set

ERock (EROC), which completed its initial public offering in June, reported Q2 net loss late Tuesday of $0.06 per diluted share. Comparable year-ago details were not provided.Analysts polled by FactSet expected a loss of $0.24.Revenue for the quarter ended June 30 was $39.9 million, down from $68.5 million a year earlier.Four analysts expected $20.4 million.For 2026, the company expects revenue of $435 million to $465 million. Analysts expect $448.3 million.Also, the company highlighted that it executed a 470 megawatt equipment purchase order from Anthropic, extending its production commitments into 2028.

GUIDANCE: (EROC) ERock Expects Full Year 2026 Revenue Range $435M - $465M, vs. FactSet Est of $448.3M

Earnings Flash (EROC) ERock Posts Q2 Revenue $39.9M, vs. FactSet Est of $20.4M

Earnings Flash (EROC) ERock Posts Q2 Loss $0.06 per Share, vs. FactSet Est of $0.24 Loss

ERock Shares Rise After BofA Upgrade

ERock (EROC) shares rose 5.7% in Friday trading after BofA Securities upgraded the stock to buy from neutral.Trading volume stood at over 1.7 million shares compared with a daily average of about 2.8 million.Price: $10.74, Change: $+0.58, Percent Change: +5.76%

BofA Securities Upgrades ERock to Buy From Neutral