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 $2.85 billion, close to analysts’ estimates. Its non-GAAP profit of $1.03 per share was 74.1% above analysts’ consensus estimates.