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Nextracker reports Q1 adjusted EPS 48c, consensus 29c

Reports Q1 revenue $479.5M, consensus $477.77M. “I am very pleased with our Q1 results against both operational and financial metrics, as we continue serving global markets,” said Dan Shugar, Nextracker Founder and CEO. “Solid execution combined with sustained sales momentum produced our new record backlog of over $3 billion, along with profitability that exceeded pre-pandemic levels. From this foundation we are increasing our FY24 guidance.:

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