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These Analysts Slash Their Forecasts On Nextracker After Q4 Results

Nextracker Inc. (NASDAQ:NXT) reported better-than-expected fourth-quarter financial results on Tuesday. NEXTracker posted quarterly earnings of 96 cents per share, beating market estimates of 78 cents per share. The company’s quarterly sales came in at $736.51 million versus expectations of $683.43 million, according to data from Benzinga Pro. “Fiscal year 2024 was a year of strong execution and significant growth for Nextracker, and we reached a record backlog of over $4 ...