04:37 PM EDT, 05/14/2024 (MT Newswires) -- Nextracker ( NXT ) reported fiscal Q4 non-GAAP earnings late Tuesday of $0.96 per diluted share, up from $0.02 a year earlier.

Analysts polled by Capital IQ expected $0.69.

Revenue in the quarter ended March 31 rose to $736.5 million from $518.4 million a year earlier.

Analysts surveyed by Capital IQ expected $684 million.

In fiscal 2025, the company expects adjusted diluted EPS of $2.89 to $3.09 on revenue of $2.8 billion to $2.9 billion. Analysts polled by Capital IQ expect EPS of $3.10 on revenue of $2.87 billion.

Nextracker ( NXT ) shares jumped 8.9% in after-hours activity.

Price: 46.85, Change: +3.84, Percent Change: +8.93