Nextracker's Q3 2024 earnings beat forecasts, stock surges

Earnings call transcript: Nextracker's Q3 2024 earnings beat forecasts, stock surges
Nextracker Inc. (NXT) reported robust financial results for the third quarter of 2024, significantly surpassing analyst expectations. The company posted an earnings per share (EPS) of $1.03, more than double the forecasted $0.
Nextracker’s (NASDAQ:NXT) Q4: Beats On Revenue, Stock Jumps 13.6%
Solar tracker company Nextracker (NASDAQ:NXT) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales fell by 4.4% year on year to $679.4 million. The company expects the full year’s revenue to be around $2.
Nextracker: Fiscal Q3 Earnings Snapshot
FREMONT, Calif. (AP) — FREMONT, Calif. (AP) — Nextracker Inc. (NXT) on Tuesday reported fiscal third-quarter net income of $115.3 million. The Fremont, California-based company said it had net income of 79 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to $1.03 per share.
Nextracker soars 13% on Q3 earnings beat, raised guidance
FREMONT, Calif. - Nextracker Inc. (NASDAQ:NXT) shares surged 13.5% in after-hours trading on Tuesday after the solar tracker manufacturer reported third-quarter earnings that significantly exceeded analyst expectations and raised its full-year profit outlook.
NEXTracker Earnings Review: Q3 Summary
NEXTracker beat estimated earnings by 75.0%, reporting an EPS of $1.03 versus an estimate of $0.59. Revenue was down $31.06 million from the same period last year. In the previous quarter, the company beat on EPS by $0.37, resulting in a 25.0% increase change in the share price the following day.
Nextracker (NXT) Beats Q3 Earnings and Revenue Estimates
Nextracker (NXT) came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.96 per share a year ago. These figures are adjusted for non-recurring items.
NXT SHAREHOLDER REMINDER: Nextracker Inc. Investors that Lost Money are Reminded to Contact BFA Law before February 25 Class Action Deadline
New York, New York-- (Newsfile Corp. - January 28, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Nextracker Inc. (NASDAQ: NXT) and ...
Nextracker Shares Rise 15% After Boosting FY25 Outlook
Shares of Nextracker climbed after the provider of solar trackers and software solutions raised its outlook for fiscal 2025 after posting growth in its third quarter. The stock was up 15% to $45.39 in ...
Nextracker Reports Q3 FY25 Financial Results
Nextracker (Nasdaq: NXT), a global market leader of intelligent solar trackers, foundations, and software solutions, today announced financial results for the third quarter of fiscal year 2025, ended ...
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Nextracker Inc. Class Action Lawsuit Alert: Johnson Fistel Announces Shareholders with Losses Should Contact the Law Firm for More Information
If you incurred significant losses and want to act as the lead plaintiff in the Nextracker Inc. class action lawsuit or determine if you are eligible to receive a potential recovery of your losses, ...
Nextracker: Everything Is Set To Improve Results
Nextracker's strategic investments in R&D and production capacity position it well for future growth and market leadership.
Stocks to Watch: 23andMe, Manhattan Associates, Nextracker
Manhattan Associates' 2025 outlook missed estimates. The provider of supply-chain and omnichannel-commerce solutions said it expects adjusted per-share earnings of $4.45 to $4.55 on revenue of $1.06 ...
NEXTracker Earnings Analysis: Q3 Recap
NEXTracker beat estimated earnings by 75.0%, reporting an EPS of $1.03 versus an estimate of $0.59. Revenue was down $31.06 million from the same period last year. During the previous quarter, the ...
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Manufacturer wins industry race with new energy tech: 'It's been nothing short of mind-blowing'
This is a major win for the U.S. renewable energy sector. Manufacturer wins industry race with new energy tech: 'It's been ...