Nextracker ramps up 2024 earnings guidance

Solar tracking and software specialist Nextracker has adjusted its earnings guidance for 2024, following the announcement of strong results for the three months to the end of December 2023.From pv magazine USA Nextracker - one of the world's largest suppliers of solar mounts, tracking, and software - has announced its earnings for the fiscal third quarter to Dec. 31, 2023. The company posted strong results, with quarterly revenue reaching $710 million. It raised its guidance for fiscal 2024 to between $2.425 billion and $2.475 billion, up from an initial estimate of $2.3 billion to $2.4 billion. ...

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