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flag Nextracker beat earnings estimates, boosted by strong global solar demand and a $5B backlog.

flag Nextracker Inc. reported second-quarter fiscal 2026 results that exceeded expectations, with revenue of $905.27 million—up 42% year-over-year—and adjusted earnings of $1.19 per share, surpassing estimates. flag The company’s backlog exceeded $5 billion, and it ended the quarter with $845 million in cash and no debt. flag Nextracker raised its full-year revenue outlook to a maximum of $3.475 billion, citing strong global demand for solar tracking systems and continued expansion in North America, Europe, and Asia.

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