Nextracker reports first quarter fiscal year 2024 financial results

Fremont, calif.--(business wire)--nextracker (nasdaq: nxt), one of the world's leading providers of intelligent solar tracker and software solutions, today announced financial results for the first quarter ended june 30, 2023. first quarter fiscal 2024 financial highlights: revenue of $479.5 million, an increase of 19% year-over-year gaap net income of $63.6 million, $0.43 eps adjusted ebitda of $83.7 million, an increase of 161% year-over-year adjusted net income of $70.9 million, $0.48 adjust.
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