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Nextracker Q1 2025 Earnings Report

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$35.15 +1.31 (+3.87%)
(As of 12/20/2024 05:31 PM ET)

Nextracker EPS Results

Actual EPS
$0.93
Consensus EPS
$0.66
Beat/Miss
Beat by +$0.27
One Year Ago EPS
$0.48

Nextracker Revenue Results

Actual Revenue
$719.92 million
Expected Revenue
$616.71 million
Beat/Miss
Beat by +$103.21 million
YoY Revenue Growth
+50.10%

Nextracker Announcement Details

Quarter
Q1 2025
Time
After Market Closes
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Nextracker Earnings Headlines

The Goldman Sachs Group Cuts Nextracker (NASDAQ:NXT) Price Target to $54.00
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Analysts Set Nextracker Inc. (NASDAQ:NXT) PT at $54.30
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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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