Nextpower Shares Climb After Q4 Earnings Beat Estimates

Nextxpower Inc. (NASDAQ:NXT) posted its fourth-quarter results after Tuesday’s closing bell, beating analyst estimates on the top and bottom lines.

Here’s a look at the details inside the report. 

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Nextpower Q4 Details       

Nextpower reported quarterly adjusted earnings of $1.05 per share, which beat the Street estimate of 92 cents, according to Benzinga Pro data. 

Quarterly revenue came in at $881 million, which exceeded the consensus estimate of $827 million.

The company also announced it will acquire complementary assets of Zigor Corporation‘s power conversion business and …

Full story available on Benzinga.com