From Design to Construction, Program Works to Integrate Generac Backup Power Solutions into New Home Builds, Ensuring Reliable Power in the Face of Outages WAUKESHA, Wis. , Aug. 8, 2024 /PRNewswire/ -- Generac (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, is partnering with award-winning Highland Homes, to offer generators as options for build-to-suit homes throughout Texas.

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Generac (GNRC) broadens its portfolio of energy solutions by acquiring Ageto, which is an important provider of microgrid controllers.

WAUKESHA, Wis. , Aug. 5, 2024 /PRNewswire/ -- Generac Power Systems  (NYSE: GNRC), a leading global designer, manufacturer and provider of energy technology solutions and other power products, today announced the acquisition of Ageto, a leading provider of microgrid controllers that seamlessly integrate, optimize and manage distributed conventional resources, renewable energy resources and electric vehicle (EV) chargers in the commercial & industrial (C&I) market.

Generac Holdings Inc. NYSE: GNRC delivered a solid second-quarter earnings report that included raising its full-year outlook for revenue and earnings. But this looks like a sell-the-news event.

Generac Holdings Inc. (NYSE:GNRC ) Q2 2024 Earnings Conference Call July 31, 2024 10:00 AM ET Company Participants Kris Rosemann - Senior Manager of Corporate Development and Investor Relations Aaron Jagdfeld - President and Chief Executive Officer York Ragen - Chief Financial Officer Conference Call Participants Tommy Moll - Stephens, Inc. George Gianarikas - Canaccord Genuity Michael Halloran - Robert W. Baird Jeff Hammond - KeyBanc Capital Markets Brian Drab - William Blair Jerry Revich - Goldman Sachs Kashy Harrison - Piper Sandler Stephen Gengaro - Stifel Nicolaus Jordan Levy - Truist Securities Donovan Schafer - Northland Capital Markets Keith Housum - Northcoast Research Chip Moore - ROTH Capital Partners Operator Good day and thank you for standing by.

Although the revenue and EPS for Generac Holdings (GNRC) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Generac's (GNRC) second-quarter results get affected due to weakness in C&I sales. Nonetheless, management has raised its sales expectations for 2024, owing to recent power outage activity.

Generac Holdings (GNRC) came out with quarterly earnings of $1.35 per share, beating the Zacks Consensus Estimate of $1.24 per share. This compares to earnings of $1.08 per share a year ago.

BARCELONA, Spain--(BUSINESS WIRE)--Wallbox (NYSE: WBX), a global leader in smart electric vehicle (EV) charging and energy management solutions announced that it had received a $45 million investment, which includes $35 million from lead investor, Generac Power Systems, Inc. (NYSE: GNRC), a leading global designer and manufacturer of energy technology solutions and other power products. The strategic investment reinforces the partnership with Generac and highlights Wallbox's strong position in.

Significant margin expansion drives strong earnings growth; 2024 outlook increased as a result of recent power outages Significant margin expansion drives strong earnings growth; 2024 outlook increased as a result of recent power outages

Generac's (GNRC) Q2 performance is likely to have gained from strength in the home standby generators category.