FREMONT, Calif.--(BUSINESS WIRE)--Nextracker (Nasdaq: NXT), a global market leader of intelligent solar tracker and software solutions, today announced financial results for the first quarter of fiscal year 2025, ended June 28, 2024. Financial Summary (In millions, except per share) Q1 FY25* Q4 FY24* Q1 FY24* Revenue $720 $737 $480 GAAP Gross Profit $237 $340 $114 GAAP Gross Margin 33.0% 46.2% 23.7% GAAP Net Income $125 $223 $64 GAAP Net Income Margin 17.3% 30.3% 13.3% GAAP Diluted EPS $0.84...
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