On August 26, Everpure rose 5.22% in after-hours trading, trading at $113.08/share, with turnover of $30.47 million.

On the news front, the company released its fiscal Q2 results after market close, delivering a significant beat on both top and bottom lines. Adjusted earnings per share came in at $0.70, surpassing the consensus estimate of $0.58 by approximately 20.69% and representing a 62.79% year-over-year increase. Revenue reached $1.186 billion, well above the Street estimate of $1.097 billion, reflecting roughly 30% year-over-year growth.

The strong results were underpinned by favorable pricing dynamics, positive product mix shift toward higher-margin all-flash solutions, and steady enterprise demand. Additionally, the company recently secured a second design and supply agreement with an undisclosed top-five hyperscaler, expected to become a significant revenue contributor starting in fiscal 2028. Multiple institutions, including Wedbush, Morgan Stanley, and Susquehanna, had upgraded ratings and raised price targets ahead of the report, with the mean target reaching $107.53.

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