Nextracker Fiscal Q3 Adjusted EPS Rises, Revenue Falls; 2025 Guidance Updated -- Shares Up After Hours

MT Newswires Live
29 Jan

Nextracker (NXT) reported fiscal Q3 adjusted earnings late Tuesday of $1.03 per diluted share, up from $0.96 a year earlier.

Analysts polled by FactSet expected $0.58.

Revenue for the quarter ended Dec. 31 was $679.4 million, compared with $710.4 million a year earlier. Analysts surveyed by FactSet expected $646 million.

For fiscal 2025, the company said it now expects adjusted diluted EPS of $3.75 to $3.95, up from its previous guidance of $3.10 to $3.30. Analysts polled by FactSet expect $3.27.

The company reaffirmed its fiscal 2025 revenue guidance of $2.8 billion to $2.9 billion. Analysts are looking for $2.85 billion.

Nextracker shares were up 13% in extended trading.

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