Nextpower Stock Hits 52-Week High - Here's Why
Key takeaways
- Nextpower Stock Hits 52-Week High - Here's Why Lekha Gupta Wed, May 13, 2026 at 5:40 PM GMT+7 3 min read NXT Nextpower Inc.
- Nextpower reported adjusted earnings of $1.05 per share, ahead of analysts' estimates of 92 cents, according to Benzinga Pro data.
- Quarterly revenue increased to $881 million, surpassing the consensus estimate of $827 million.
Nextpower Stock Hits 52-Week High - Here's Why Lekha Gupta Wed, May 13, 2026 at 5:40 PM GMT+7 3 min read NXT Nextpower Inc. (NASDAQ:NXT) shares rose in premarket trading Wednesday after the company reported fourth-quarter results that topped Wall Street estimates, raised its fiscal 2027 revenue outlook and announced an acquisition aimed at expanding its power conversion and energy infrastructure business.
Nextpower reported adjusted earnings of $1.05 per share, ahead of analysts' estimates of 92 cents, according to Benzinga Pro data.
Quarterly revenue increased to $881 million, surpassing the consensus estimate of $827 million. The company said its Middle East joint venture reduced reported revenue by about 300 basis points because the venture is not consolidated into its financial statements.