WEB Solar Company Beats Analyst Expectations
Nextracker Posts Strong Q2 Results
WEB Solar tracker company Nextracker (NASDAQ:NXT) beat analyst expectations in the second quarter of fiscal 2024, reporting revenue of $573.3 million, a 22.6% increase from the same quarter in the previous year when it reported $467.1 million.
Target Price Raised by JPMorgan
Nextracker's performance has caught the attention of analysts, with JPMorgan recently raising its target price for the company. The new target price implies potential upside for investors.
Earnings Results to Come
The company is scheduled to release its full Q2 fiscal 2024 results tomorrow, providing further insight into its financial performance and outlook.
Komentar