Generac reported a Q4 loss as its home standby generator sales declined by 18% and portable generator sales dropped by 44%. Despite these downturns, the company saw a significant increase in data center sales, which surged by over 50%. Generac also experienced growth in its residential solar and storage products division.
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Generac swings to Q4 loss as data center sales surge
Generac reported a Q4 loss as its home standby generator sales declined by 18% and portable generator sales dropped by 44%. Despite these downturns, the company saw a significant increase in data center sales, which surged by over 50%. Generac also experienced growth in its residential solar and storage products division.