Nextracker Aktie News

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Nextracker NASDAQ: NXT shares surged more than 10%, giving signs of bottoming and reversal that could return the market to its all-time highs. The surge is driven by strength in results, including a solid outlook for demand and a growing backlog that will keep the company business for the next few years.

Nextracker post adjusted fiscal fourth-quarter earnings of 96 cents a share on revenue of $736.5 million.

Nextracker Inc. (NASDAQ:NXT ) Q4 2024 Earnings Conference Call May 14, 2024 5:00 PM ET Company Participants Mary Lai - Vice President, Investor Relations Daniel Shugar - Founder & Chief Executive Officer Howard Wenger - President David Bennett - Chief Financial Officer Conference Call Participants Praneeth Satish - Wells Fargo Philip Shen - ROTH MTM Brian Lee - Goldman Sachs Mark Strouse - JPMo...

Nextracker (NXT) shares jumped nearly 13% in extended trading Tuesday after the maker of intelligent solar tracker solutions topped Wall Street's quarterly estimates amid growing demand in U.S. and global markets.

FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a global market leader of intelligent solar tracker and software solutions, today announced financial results for the fourth quarter and fiscal year ended March 31, 2024. Full FY2024 Financial Highlights Revenue $2.5 billion, up 31% YoY GAAP net income $496 million, diluted EPS $3.37 Adjusted EBITDA $521 million, up 150% YoY (excludes ...