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Nextracker Q2 2024 Earnings Report

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$40.30 -3.24 (-7.44%)
As of 12:09 PM Eastern

Nextracker EPS Results

Actual EPS
$0.55
Consensus EPS
$0.30
Beat/Miss
Beat by +$0.25
One Year Ago EPS
N/A

Nextracker Revenue Results

Actual Revenue
$573.36 million
Expected Revenue
$547.24 million
Beat/Miss
Beat by +$26.12 million
YoY Revenue Growth
N/A

Nextracker Announcement Details

Quarter
Q2 2024
Time
N/A

Conference Call Resources

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Nextracker Earnings Headlines

Nextracker: Backlog Growth Creates Future Visibility
Trump Allies Confirm Exec Order 14024 Triggers Dollar Collapse
Executive Order 14024 is paving the way for irreversible damage to the dollar's value—threatening your wealth, your savings, and your retirement. When the dollar collapses, your savings could disappear overnight. With Trump threatening Russia with more sanctions, Russia is rushing to finalize their BRICS payment system aimed to destroy the U.S dollar.
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About Nextracker

Nextracker (NASDAQ:NXT), an energy solutions company, provides solar tracker and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain. It also provides TrueCapture, a self-adjusting tracker control system, which boosts solar power plant production by optimizing the position of individual tracker row in response to site features, such as varying topography and changing weather conditions; and NX Navigator, that assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. The company was founded in 2013 and is headquartered in Fremont, California. As of March 31, 2024 Nextracker Inc. was formerly a subsidiary of Flex Ltd.

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