Nextpower Raises Guidance for FY 2027 on Strong Q1 Performance

The company’s PAT increased by 5.2% and revenue by 8.2%

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U.S.-based solar tracker firm Nextpower reported a revenue of $935 million in the first quarter (Q1) of fiscal year (FY) 2027, an 8.2% year-over-year (YoY) increase from $864 million. However, it missed analysts’ expectations by approximately $8.04 million.

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