Generac raises full-year outlook as first-quarter sales rise 12 percent

10 articles · Updated · MarketWatch · Apr 29

First-quarter sales reached $1.06 billion, with profit climbing to $73.3 million and adjusted earnings of $1.80 per share, surpassing analyst expectations.
Growth was driven by strong demand from data-center customers, a 28% surge in commercial and industrial sales, and contributions from recent acquisitions Allmand and Enercon.
Generac's shares rose 6.2% in premarket trading as the company expanded its backlog with hyperscale customers and maintained momentum in both new and existing markets.

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