Nextracker Inc. (NXT) reported earnings for its second quarter that Increases, from last year
The company's earnings totaled $146.86 million, or $0.97 per share. This compares with $115.39 million, or $0.79 per share, last year.
Excluding items, Nextracker Inc. reported adjusted earnings of $181 million or $1.19 per share for the period.
The company's revenue for the period rose 42.4% to $905.27 million from $635.57 million last year.
Nextracker Inc. earnings at a glance (GAAP) :
-Earnings: $146.86 Mln. vs. $115.39 Mln. last year.-EPS: $0.97 vs. $0.79 last year.-Revenue: $905.27 Mln vs. $635.57 Mln last year.
-Guidance:Full year EPS guidance: $4.04 to $4.25Full year revenue guidance: $3.275 to $3.475 Bln
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.