NEXTracker Q1 Adj. EPS $1.16 Beats $1.05 Estimate, Sales $864.000M Beat $842.431M Estimate

NEXTracker (NASDAQ: NXT) reported quarterly earnings of $1.16 per share which beat the analyst consensus estimate of $1.05 by 10.37 percent. This is a 24.73 percent increase over earnings of $0.93 per share from the same period last year. The company reported quarterly sales of $864.000 million which beat the analyst consensus estimate of $842.431 million by 2.56 percent. This is a 20.01 percent increase over sales of $719.921 million the same period last year.