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Nextracker - NXT STOCK NEWS

Welcome to our dedicated page for Nextracker news (Ticker: NXT), a resource for investors and traders seeking the latest updates and insights on Nextracker stock.

Nextracker (NXT) is a global leader in intelligent solar tracking systems and integrated software solutions for utility-scale renewable energy projects. This page provides a centralized hub for all official company announcements, financial updates, and strategic developments.

Access real-time insights into Nextracker's operational milestones, including earnings reports, technology innovations, and partnership announcements. Investors and industry professionals will find verified updates on product launches, market expansions, and sustainability initiatives shaping the solar energy sector.

Our curated news collection covers essential categories such as quarterly financial results, new project deployments, engineering advancements in solar tracking technology, and executive leadership updates. Each release is sourced directly from the company to ensure accuracy and timeliness.

Bookmark this page for streamlined access to Nextracker's evolving role in advancing solar energy efficiency worldwide. Check back regularly for critical updates that demonstrate the company's impact on renewable energy infrastructure and cleantech innovation.

Rhea-AI Summary
Nextracker Inc. (Nasdaq: NXT) strengthens its Board with accomplished energy sector executives Julie Blunden and Howard Wenger, while parting ways with six Flex employee Board members.
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Nextracker (NXT) Achieves 10 GW Milestone in the Middle East, Africa, and India
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Nextracker (Nasdaq: NXT) to present at 2024 Goldman Sachs Energy, CleanTech & Utilities Conference
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Nextracker (NXT) CEO Dan Shugar named Chief Trailblazer of the Year at S&P Global’s 25th Annual Platts Global Energy Awards for his leadership and contributions to solar technology innovation. Nextracker's proprietary technology has over 85-gigawatts capacity across six continents, helping plant owners produce more energy, lower operating costs, and deliver significant ROI advantages.
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Arevon Energy, Inc. announces closing $529 million financing for Vikings solar-plus-storage project, leveraging Inflation Reduction Act's tax credit transferability provisions and debt. Project features 157 MWDC of solar and 150 MW/600 MWh of battery energy storage, supplying San Diego Community Power. Key suppliers include First Solar, Nextracker, and Tesla. Commercial operations expected in Q3 2024.
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Nextracker announces Flex Ltd.'s plan to spin off its remaining interests in Nextracker Inc. to Flex shareholders, resulting in a separation from Flex's ownership. The transaction is expected to close in fiscal Q4, ending March 31, 2024.
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Nextracker reports record revenue and profits in Q2 and raises FY24 guidance. Q2 revenue is $573 million, up 23% YoY. Adjusted EBITDA is $110 million, up 164% YoY. Non-GAAP net income is $96 million. Nextracker launches Next Gen Tech Suite with 3 new innovations. Annual profit guidance and revenue guidance raised.
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Nextracker (NXT) to announce Q2 FY2024 financial results on October 25, 2023.
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Nextracker reaches milestone of over 5 GW of smart solar tracker systems with 80% local content for Indian utility-scale solar power generation
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-7.33%
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Nextracker and Unimacts open new solar manufacturing facility in Las Vegas, creating over 100 jobs
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Nextracker

Nasdaq:NXT

NXT Rankings

NXT Stock Data

5.79B
140.04M
0.42%
110.16%
5.79%
Solar
Search, Detection, Navagation, Guidance, Aeronautical Sys
Link
United States
FREMONT