{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-24-001501","form_type":"8-K","ticker":"NXT","cik":"0001852131","company_name":"Nextpower Inc.","filed_at":"2024-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.022171+00:00","generated_at":"2026-06-06T14:07:43.212949+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Nextracker Q3 FY24 revenue $710M (+38% YoY); adj. EPS $0.96; raises FY24 guide","bullets":["Revenue $710M, up 38% YoY; GAAP net income $128M ($0.87 diluted EPS).","Adjusted EBITDA $168M, up 168% YoY; adjusted net income $142M ($0.96 adj. diluted EPS).","Raised FY24 revenue guidance to $2.425B-$2.475B (from $2.3B-$2.4B); adjusted EBITDA to $475M-$500M.","Record backlog; achieved 10-gigawatt milestone in India, Middle East, Africa for projects in operation/fulfillment.","Total liquidity ~$800M; year-to-date operating cash flow $317M and adjusted free cash flow $314M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-24-001501","json":"https://secwatch.observer/filing/0000950103-24-001501.json","markdown":"https://secwatch.observer/filing/0000950103-24-001501.md","text":"https://secwatch.observer/filing/0000950103-24-001501.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1852131/000095010324001501/0000950103-24-001501-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1852131/000095010324001501/dp206047_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T14:07:43.212949+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c928d35473ef62bd0e78a9fa43209246c7fc202e","claim":"Nextpower Inc. reported the third fiscal quarter ended December 31, 2023 results: revenue $710 million, net income $128 million, diluted EPS $0.87, EPS $0.87. Guidance raised.","evidence_excerpt":"of intelligent solar tracker and software solutions, today announced financial results for the third quarter ended December 31, 2023. Q3 FY2024 Financial Highlights: • Revenue $710 million, up 38% YoY • GAAP net income $128 million, diluted EPS $0.87 • Adjusted EBITDA $168 million, up 168% YoY • Adjusted net income $142 million, adjusted diluted EPS $0.96 Q3 FY2024","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1852131/000095010324001501/0000950103-24-001501-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third fiscal quarter ended December 31, 2023"},{"label":"Revenue","value":"$710 million"},{"label":"Net income","value":"$128 million, diluted EPS $0.87"},{"label":"EPS","value":"$0.87"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}