Nextpower Inc. (NASDAQ:NXT) shares are trading higher after the company reported better-than-expected third-quarter financial results and raised its FY26 guidance.
• Nextpower stock is approaching key resistance levels. Why is NXT stock breaking out?
Earnings Snapshot
On Tuesday, the company reported revenue growth of 34% year-over-year of $909 million, which exceeded the consensus of $810.7 million and adjusted EPS of $1.10, exceeding the street view of 93 cents.
The company authorized a share repurchase program to buy back up to $500 million of common stock over the next three years.
Nextpower raised its FY2026 guidance, projecting adjusted EPS of $4.26–$4.36, up from $4.04–$4.25 and slightly above the $4.25 analyst estimate.
The company also lifted its FY2026 sales outlook to …