NEXTracker Inc (NASDAQ: NXT) shares surged 14.21% in after-hours trading on Tuesday, following the release of the company's impressive third-quarter 2025 financial results and raised full-year guidance.
The solar tracking systems provider reported quarterly earnings of $0.79 per share, significantly exceeding the analyst consensus estimate of $0.45 by a wide margin of 75.56%. Additionally, NEXTracker's quarterly sales of $679 million beat the analyst consensus estimate of $650.398 million by 4.40%, despite a year-over-year decline of 4.42%.
Boosted by the strong Q3 performance, NEXTracker raised its fiscal 2025 GAAP EPS guidance range to $3.31-$3.11, up from the previous guidance of $2.70-$2.50. The company's better-than-expected results and optimistic outlook for the full year fueled investor enthusiasm, driving the stock price higher in the after-hours session.
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