NXT, 5/17-5/22, 9.5% Profit

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Nextracker (NXT) reported earnings of $1.06 per share on revenue of $736.52 million for the fiscal fourth quarter ended March 2024. The consensus earnings estimate was $0.68 per share on revenue of $681.03 million. The company beat expectations by 24.71% while revenue grew 42.08% on a year-over-year basis.