Nextracker reports q4 and fy24 financial results

Fremont, calif.--(business wire)--nextracker (nasdaq: nxt), a global market leader of intelligent solar tracker and software solutions, today announced financial results for the fourth quarter and fiscal year ended march 31, 2024. full fy2024 financial highlights revenue $2.5 billion, up 31% yoy gaap net income $496 million, diluted eps $3.37 adjusted ebitda $521 million, up 150% yoy (excludes ira 45x tax credit benefits) adjusted net income $451 million, adjusted diluted eps $3.06 (excludes ir.
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